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Nationwide Switch Offer £200 September 2023

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  • So our Virgin Money Joint account has switched today to Nationwide.  Not received any text from Nationwide yet, but am I right in thinking that the text is usually a day or two after the switch?  Reason I ask is because I'm in a bit of a hurry to get the nationwide sole accounts ready with 2 DDs to switch to the Barclays.
    from my experience the text to confirm switch is complete arrives in the afternoon of the day of the switch and then between two and four days later the incentives text arrives 
    Thanks for confirming.  I'll keep an eye out for it.  Can't wait for this incentive and then move onto Barclays.
  • J30
    J30 Posts: 59 Forumite
    Sixth Anniversary 10 Posts Combo Breaker
    Just a quick one regarding the 8% saver. 

    You have to be a current account holder to get the account. 

    If you switch to nationwide, open the saver, and then switch the current account to another bank - will the saver account stay open? Taking in to account the original eligibility? 
  • Largs
    Largs Posts: 435 Forumite
    100 Posts Second Anniversary Name Dropper
    I already looked into this because if I don't get the £200, I will be moving the account.  It says.....

    "If at any point after you open this account you no longer have a current account with us, we may transfer the money in your Flex Regular Saver Issue 2 to an instant access savings account. Terms and conditions and the interest rate for the new account will apply, and we'll be in touch to let you know the details before we make the transfer."
  • What’s the timescales for switch completion and the bonus being paid?  My switch completed yesterday, and keen to move this one onto Barclays (since I have the 2 DDs already set up)  thanks 
  • My switch is in progress. Once it completes & I’ve got the incentive can I cancel the DD’s & move them back to my main current account? Or do they need to stay active? 

    I actually want to keep the nationwide account to use as a spending account be sending my disposable income to it & have all my bills etc staying with my main bank. 
  • My switch is in progress. Once it completes & I’ve got the incentive can I cancel the DD’s & move them back to my main current account? Or do they need to stay active? 

    I actually want to keep the nationwide account to use as a spending account be sending my disposable income to it & have all my bills etc staying with my main bank. 
    Once you've got the switching incentive you are free to cancel the DDs and move them back to your main current account.
  • James240
    James240 Posts: 16,391 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just started my switch today, cross fingers everything goes smoothly as I couldn't match my ID online but is going to send everything in the post
    Savings Total so far for 2023: £8,062.58
  • Great news, Nationwide have now paid out the £200 incentive for our joint account, so just wanted to say a BIG thanks to everyone for assisting us with this.  I'm now going to look into the Barclays switch incentive so I'll be posting on there.  Once again thank you!  :D
  • Indout96
    Indout96 Posts: 2,393 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 7 November 2023 at 9:40AM
    Confirmation e-mail came through at lunch yesterday, £200 paid in both accounts by 3.00pm and both accounts moved to Barclays by 7.00pm. Barclays swap will complete on 14/11 then just wait for the money to hit so we can turn off Blue rewards to save the fee.
    Not sure whether to give Lloyds another go but we got that last year (anyone else got it twice so close ?) Ignore that bit, just seen it finishes 14/11 so will wait for the next one.
    Totally Debt Free & Mortgage Free Semi retired and happy
  • So I am expecting the tsb switch bonus to drop in my account before 30th November.

    Can I sign up now for the Nationwide account and set my switch to like December 4th then get the bonus a week or so later? I already have a Nationwide joint account so hope to avoid a hard search there.
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