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Nationwide Switch Offer £200 September 2023

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Comments

  • Jonty6262
    Jonty6262 Posts: 236 Forumite
    Third Anniversary 100 Posts Name Dropper Photogenic
    Jonty6262 said:
    WillPS said:
    Jonty6262 said:
    Can you pay your 12 x £200 in one go? 
    For the regular saver? No, otherwise its wouldn't be a *regular* saver.
    What about 6 X £400 thats *regular*
    From the terms:

    In other words no you can not pay in 6 lots of £400 but you could pay in 13 lots of £200 so long as you don't open the account on 1st of the month.
    So I opened an account yesterday 7th October with £200 so does that mean I can pay in £200 a month on

    1st  November 2023 and every month on the 1st with the final payment on 1st October 2024 = £2600.00(13 payments)? 
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,902 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Jonty6262 said:
    Jonty6262 said:
    WillPS said:
    Jonty6262 said:
    Can you pay your 12 x £200 in one go? 
    For the regular saver? No, otherwise its wouldn't be a *regular* saver.
    What about 6 X £400 thats *regular*
    From the terms:

    In other words no you can not pay in 6 lots of £400 but you could pay in 13 lots of £200 so long as you don't open the account on 1st of the month.
    So I opened an account yesterday 7th October with £200 so does that mean I can pay in £200 a month on

    1st  November 2023 and every month on the 1st with the final payment on 1st October 2024 = £2600.00(13 payments)? 

    Yes - you can pay in £200 each calendar month, meaning if you open mid-month like you have you are allowed to make 13 payments
  • pfpf
    pfpf Posts: 5,121 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    normally a big influx of posts saying "i got my bonus". iv'e only seen 2 so far on here. one saying paid on day of switch - odd, and another 3 days on. any others and how long after switch date?
  • worriednoob
    worriednoob Posts: 329 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 9 October 2023 at 10:08AM
    pfpf said:
    normally a big influx of posts saying "i got my bonus". iv'e only seen 2 so far on here. one saying paid on day of switch - odd, and another 3 days on. any others and how long after switch date?
    I'm assuming the reason people haven't posted is because they are still waiting for their DDs to be setup.  For example, I've had to setup new burner DD's and it was only once they were done, did I then feel confident enough to go ahead with the Nationwide switch.  FYI, the actual switch for one account is going ahead tomorrow and then 2nd on the day after, so I will keep you posted if/when I get the switch incentive.
  • pfpf said:
    normally a big influx of posts saying "i got my bonus". iv'e only seen 2 so far on here. one saying paid on day of switch - odd, and another 3 days on. any others and how long after switch date?
    I switched on 2nd October had a text on the 5th saying I had qualified and payment within 10 days, that landed in the 7th so really quick turn around.

    Been a good year for switches having made over 600, will hold current accounts now as mortgage due next year so I don’t want any more credit checks on the credit report.
    Challenges
    MFW 2025 #6 - 14871.56/14,000

    Completed Challenges
    MFW 2024 #35 - 9,000/9,000
    Pay off all debts by 2023 - #18 8,000 / 8,000

  • MikeJXE
    MikeJXE Posts: 3,856 Forumite
    1,000 Posts Third Anniversary Name Dropper
    pfpf said:
    normally a big influx of posts saying "i got my bonus". iv'e only seen 2 so far on here. one saying paid on day of switch - odd, and another 3 days on. any others and how long after switch date?
    I'm assuming the reason people haven't posted is because they are still waiting for their DDs to be setup.  For example, I've had to setup new burner DD's and it was only once they were done, did I then feel confident enough to go ahead with the Nationwide switch.  FYI, the actual switch for one account is going ahead tomorrow and then 2nd on the day after, so I will keep you posted if/when I get the switch incentive.
    Waiting for direct debits being set up is whats holding me back, I have 2 set up but not taken yet 

    Do direct debits need to be taken first or will being only registered be enough for the switch ? 
  • pfpf
    pfpf Posts: 5,121 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    looks like my goose is cooked then :p   tried it on as last time they ran the offer i got the bonus when really i shouldn't have. looks like they tightened up.
  • Banksy_2
    Banksy_2 Posts: 48 Forumite
    Part of the Furniture 10 Posts Mortgage-free Glee! Name Dropper
    MikeJXE said:
    pfpf said:
    normally a big influx of posts saying "i got my bonus". iv'e only seen 2 so far on here. one saying paid on day of switch - odd, and another 3 days on. any others and how long after switch date?
    I'm assuming the reason people haven't posted is because they are still waiting for their DDs to be setup.  For example, I've had to setup new burner DD's and it was only once they were done, did I then feel confident enough to go ahead with the Nationwide switch.  FYI, the actual switch for one account is going ahead tomorrow and then 2nd on the day after, so I will keep you posted if/when I get the switch incentive.
    Waiting for direct debits being set up is whats holding me back, I have 2 set up but not taken yet 

    Do direct debits need to be taken first or will being only registered be enough for the switch ? 
    They only need to be registered first.

    I received the £200 prior to the first DD being collected. 

    Aim: Be mortgage free at 50 years old - TARGET HIT 12TH OCTOBER!!
    Current Status: Turned 50 in May 2023 - PAID OFF IN OCTOBER SO TARGET HIT!!

    Money made from Bank Switching in 2023: £1,775 (target £1,600) - TARGET HIT!!
    Money made for Mrs B via Bank Switching in 2023: £1,275 (target £1,250) - TARGET HIT!!
  • MikeJXE
    MikeJXE Posts: 3,856 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Banksy_2 said:
    MikeJXE said:
    pfpf said:
    normally a big influx of posts saying "i got my bonus". iv'e only seen 2 so far on here. one saying paid on day of switch - odd, and another 3 days on. any others and how long after switch date?
    I'm assuming the reason people haven't posted is because they are still waiting for their DDs to be setup.  For example, I've had to setup new burner DD's and it was only once they were done, did I then feel confident enough to go ahead with the Nationwide switch.  FYI, the actual switch for one account is going ahead tomorrow and then 2nd on the day after, so I will keep you posted if/when I get the switch incentive.
    Waiting for direct debits being set up is whats holding me back, I have 2 set up but not taken yet 

    Do direct debits need to be taken first or will being only registered be enough for the switch ? 
    They only need to be registered first.

    I received the £200 prior to the first DD being collected. 

    That's good news I have 2 direct debits registered and the first being collected on the 15th 

    Now I will go for the switch 

    Thank you 
  • So starling have stopped my switch to Nationwide as there was a sub account attached that was still open when I put the request in.

    Have I lost my chance of the £200 switch or if I put in a new switch request that I will be fine?
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