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Switching Bonus

Afternoon all

I’ve recently switched an old bank account over to Nationwide to take advantage of their switching bonus. I’m now thinking about switching the Nationwide to Santander for their switching bonus. My question is: is there a minimum period that the Nationwide account must remain open for before switching elsewhere? 
I can’t see anything in their T&Cs, but just want to make sure that Nationwide won’t penalise me for this.

Comments

  • PRAISETHESUN
    PRAISETHESUN Posts: 4,929 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    jw85_123 said:
    Afternoon all

    I’ve recently switched an old bank account over to Nationwide to take advantage of their switching bonus. I’m now thinking about switching the Nationwide to Santander for their switching bonus. My question is: is there a minimum period that the Nationwide account must remain open for before switching elsewhere? 
    I can’t see anything in their T&Cs, but just want to make sure that Nationwide won’t penalise me for this.
    If there's nothing in the T&Cs then there's nothing they can do to stop you - once you've been paid the money from Nationwide you are free to switch to Santander for whatever they are offering at the time.
  • masonic
    masonic Posts: 27,615 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    T&Cs state you must keep the account open until the bonus is paid.
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