Nationwide Switch Offer £200 September 2023

worriednoob

I've got 2 DD with Halifax, but I really don't want to switch from Halifax as it's been my main account for many years.  However, I've got a lot of burner accounts, such as NatWest, RBS, Virgin Money.   If I move my DD from Halifax to one of these current accounts, how can I do it and how long does that roughly take?

Or am I better off setting up some fake DDs?

Stargunner

worriednoob said:

I've got 2 DD with Halifax, but I really don't want to switch from Halifax as it's been my main account for many years.  However, I've got a lot of burner accounts, such as NatWest, RBS, Virgin Money.   If I move my DD from Halifax to one of these current accounts, how can I do it and how long does that roughly take?

Or am I better off setting up some fake DDs?

You need to give the company the details of your new bank account that you want to make the payment from. You can often do it via their webdite.

7sefton

Does anyone know if Nationwide’s systems are smart enough to pick up if you’ve switched before? I’ve benefited from multiple NatWest incentives even though I’d switched before and therefore didn’t fit the T&Cs. So wondering if it’s worth trying my luck with Nationwide again. 

pedrodelgado

dingling68 said:

pecunianonolet said:

Hi,

Nationwide has launched today a new switch offer with a £200 incentive.

https://www.nationwide.co.uk/current-accounts/switch/
https://www.nationwide.co.uk/current-accounts/help/terms/current-account-online-switch-offer-terms-and-conditions/

All rather straight forward and easy to achieve but a watch out is point 7 in their T&C's

7. You must transfer a minimum of 2 active Direct Debits from the current account being switched to the Nationwide account as part of the switch. Direct Debits set up or transferred after your switch has been started will not count towards this offer. Other types of automated payments, such as standing orders and recurring card payments, won’t count towards this.

Once the account is open you have access to a new 8% regular saver @Kazza242 has mentioned here: 
https://forums.moneysavingexpert.com/discussion/comment/80300598/#Comment_80300598

Happy Switching 

Damn … I switched to them 17/9/21! Will have to wait till the next one

Me too just trawled back through e mails. Grrrr. 

pecunianonolet

I opened my account yesterday but unable to register for online banking/log in via app or website. They are citing a technical problem so unable to open the regular saver.

worriednoob

Stargunner said:

worriednoob said:

I've got 2 DD with Halifax, but I really don't want to switch from Halifax as it's been my main account for many years.  However, I've got a lot of burner accounts, such as NatWest, RBS, Virgin Money.   If I move my DD from Halifax to one of these current accounts, how can I do it and how long does that roughly take?

Or am I better off setting up some fake DDs?

You need to give the company the details of your new bank account that you want to make the payment from. You can often do it via their webdite.

I'm happy to give them the new DD details, but my concern is that they take a month or so to change to new bank and by then Nationwide change or stop the switch scheme.  From your own experience, how long roughly does a company take to change the DD?

flaneurs_lobster

worriednoob said:

Stargunner said:

worriednoob said:

I've got 2 DD with Halifax, but I really don't want to switch from Halifax as it's been my main account for many years.  However, I've got a lot of burner accounts, such as NatWest, RBS, Virgin Money.   If I move my DD from Halifax to one of these current accounts, how can I do it and how long does that roughly take?

Or am I better off setting up some fake DDs?

You need to give the company the details of your new bank account that you want to make the payment from. You can often do it via their webdite.

I'm happy to give them the new DD details, but my concern is that they take a month or so to change to new bank and by then Nationwide change or stop the switch scheme.  From your own experience, how long roughly does a company take to change the DD?

In my experience, at least one billing cycle, often two, if DDs are monthly.

Stargunner

worriednoob said:

Stargunner said:

worriednoob said:

I've got 2 DD with Halifax, but I really don't want to switch from Halifax as it's been my main account for many years.  However, I've got a lot of burner accounts, such as NatWest, RBS, Virgin Money.   If I move my DD from Halifax to one of these current accounts, how can I do it and how long does that roughly take?

Or am I better off setting up some fake DDs?

You need to give the company the details of your new bank account that you want to make the payment from. You can often do it via their webdite.

I'm happy to give them the new DD details, but my concern is that they take a month or so to change to new bank and by then Nationwide change or stop the switch scheme.  From your own experience, how long roughly does a company take to change the DD?

On ones that  I have done previously, they either let uou choose or inform you of the first psyment date during the request online.

33q

dealyboy said:

@33q said:

I'm tempted to switch anyway to get the 8% regular savings.
I have a spare Halifax account doing nothing so it's worth a punt. 

Do you think you won't get the £200?

I had £200 in Jan 23 so very unlikely to get another

33q

dealyboy said:

@33q said:

I'm tempted to switch anyway to get the 8% regular savings.
I have a spare Halifax account doing nothing so it's worth a punt. 

Do you think you won't get the £200?

I had £200 in Jan 23...then switched out