We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Nationwide refused to give me £125 for switching
Comments
-
Got an existing FlexAccount, FlexDirect or FlexPlus?
- Switch by selecting 'Switch to Nationwide' in online banking – fulfil the criteria and you'll get £125.
YES!
0 -
OK - so you were an existing Nationwide customer with one of the named accounts?
And you then switched a non Nationwide current account in, yes?🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
Balance as at 31/08/25 = £ 95,450.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her1 -
@EmmaJones1976 - I agree0
-
But 'fulfil the criteria' entails switching in a non-Nationwide account, as explained in the MSE piece and (more importantly) Nationwide's own site....emmajones1976 said:Got an existing FlexAccount, FlexDirect or FlexPlus?
- Switch by selecting 'Switch to Nationwide' in online banking – fulfil the criteria and you'll get £125.
If this bit is total Jackanory then the MSE guys need to take it out.6 -
For the avoidance of doubt - the actual quote from the MSE site reads thus:That gives the context that is missing in the section posted by the OP.
Important! You need to be switching from a non-Nationwide account to qualify for the bonus. You won't get it if you're changing an existing Nationwide account to a different account.
Got an existing FlexAccount, FlexDirect or FlexPlus?
- Switch by selecting 'Switch to Nationwide' in online banking – fulfil the criteria and you'll get £125.
A Nationwide member without one of these three accounts?
- Open an account and request to switch during application – again, you'll qualify for the £125.
Not an existing Nationwide member?
- Open one of the above accounts but DON'T request to switch during application. Instead, wait until the day after it's fully open, so you're then a Nationwide member, and at that point switch by selecting 'Switch to Nationwide' in online banking. This way you'll be eligible for the £125 bonus.
- If you open an account and switch during application, before becoming a Nationwide member, you'll get the lower £100 bonus.
🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
Balance as at 31/08/25 = £ 95,450.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her5 -
That's exactly how it works, I've used it myself. If you try switching a Nationwide account though it's not switching TO Nationwide is it? But it also clearly says Fulfil the criteria as well- so unless those are done it won't pay outemmajones1976 said:Got an existing FlexAccount, FlexDirect or FlexPlus?
- Switch by selecting 'Switch to Nationwide' in online banking – fulfil the criteria and you'll get £125.
If this bit is total Jackanory then the MSE guys need to take it out.Remember the saying: if it looks too good to be true it almost certainly is.0 -
That clarifies nothing. It clearly suggests an EXISTING Nationwide account holder can do something in internet banking and still get the £125.1
-
In my mind, if you read the full info regarding the switching criteria, it contradicts itself
2 -
As indeed you can and I did. But it still has to be a non Nationwide account you switch to Nationwide.emmajones1976 said:That clarifies nothing. It clearly suggests an EXISTING Nationwide account holder can do something in internet banking and still get the £125.Remember the saying: if it looks too good to be true it almost certainly is.4 -
Can you provide the info you think contradicts?638502813 said:In my mind, if you read the full info regarding the switching criteria, it contradicts itselfRemember the saying: if it looks too good to be true it almost certainly is.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards