Nationwide FlexDirect £200 switch bonus (Oct 2022)

overspender22

It doesn’t. Maybe they’ve changed it to these three. 

‘Switch to a FlexPlus, FlexDirect or FlexAccount and you could get £200’

homemover2020

One thing mentioned in the terms and conditions is:

"An active Direct Debit is one where a valid regular Direct Debit instruction exists on the account"

The account I  want to switch has 2 direct debits but I only set them up a few weeks ago meaning that this month are the first payments for each of them.

Assuming I wait until the first payment has been taken before applying for the switch to Nationwide, would these qualify as "regular" or would I need to wait until November's payments had gone out too so that more than 1 payment had been paid to make them classed as "regular"
 

grizzlegrizzle

overspender22 said:

It doesn’t. Maybe they’ve changed it to these three. 

‘Switch to a FlexPlus, FlexDirect or FlexAccount and you could get £200’

Perfect! Saves me a step 😊

oldagetraveller1

Thanks for the information. Very tempted, after just receiving the £160 from Santander, to switch that account.

creditmanessex

Can you switch straight away?

grandadgolfer

creditmanessex said:

Can you switch straight away?

If you mean once the £200 has hit your account.....then yes

creditmanessex

Anyone know how long this offer is on for and whether nationwide do a hard search?

Van_Girl

creditmanessex said:

Anyone know how long this offer is on for and whether nationwide do a hard search?

They do a soft search to see if you're eligible for the account, then a hard search when you proceed with the application


Santander have just paid my £160, so I've started the switch to Nationwide, perfect timing! 

creditmanessex

And will the offer be on till the end of the month at least?

soulsaver

homemover2020 said:

One thing mentioned in the terms and conditions is:

"An active Direct Debit is one where a valid regular Direct Debit instruction exists on the account"

The account I  want to switch has 2 direct debits but I only set them up a few weeks ago meaning that this month are the first payments for each of them.

Assuming I wait until the first payment has been taken before applying for the switch to Nationwide, would these qualify as "regular" or would I need to wait until November's payments had gone out too so that more than 1 payment had been paid to make them classed as "regular"
 

No, you'll be fine if both have paid out even once. Some say they don't need to have paid out as long as they're visible in the donor before the switch, but I've never tested the theory.