£175 Nationwide Switch Incentive, starting 25/09/2024

FLAMPARD

A sole account with 2 dd will do the job

goatfaced

Busadeano said:

Do i need to switch direct debits from existing bank account to get the offer or just have 2 direct debits come out of the new account?

The first one. I used 30p direct debits, they set them up in a couple of days, then I switched. I didn't wait for money to be taken but I did wait until I could see the direct debits had been set up. 

HillStreetBlues

I managed to get the switch incentive although not entitled to it (my last switch was Nov 21, cut off day was Aug 21).

Tootyowl

I have an account with NW already so took up the incentive not long ago. I now want to move another joint account into NW. Would I be right in assuming I would not be eligible for the incentive or would I have to move the other member first then add myself later? 

WillPS

Tootyowl said:

I have an account with NW already so took up the incentive not long ago. I now want to move another joint account into NW. Would I be right in assuming I would not be eligible for the incentive or would I have to move the other member first then add myself later? 

Uniquely, Nationwide allow you to receive a bonus on both a sole and a joint account, point 9 in their terms:

You will only be eligible for this offer on your first sole current account and first joint current account that you switched to us since 18 August 2021, and that have not benefited from this or any previous current account online switch offer.

Hattie627

HillStreetBlues said:

I managed to get the switch incentive although not entitled to it (my last switch was Nov 21, cut off day was Aug 21).

That's great news. Can you advise if the Nationwide account you switched into this time was the same account you switched into in Nov 21 or was it a different one?

Hattie627

With regard to the requirement to pay £1000 into the Nationwide account as a condition of the switch bonus:

(a)Is there any length of time that the £1000 must remain in the account before being moved out? Nothing that I can see in the switch bonus T and Cs about this.

(b) with regard to timing, the t and c's say that the £1000 must be paid in within 31 days of requesting the switch. I requested on Monday 28th October, with the switch starting on 1st November and completing on 11th November. I moved the £1000 into my Nationwide Flex Account today (31st October) ie within 31 days of requesting the switch. Does it matter that this is before the switch starts (or completes). I think I am within the terms on this but seeking reassurance.

HillStreetBlues

Hattie627 said:

HillStreetBlues said:

I managed to get the switch incentive although not entitled to it (my last switch was Nov 21, cut off day was Aug 21).

That's great news. Can you advise if the Nationwide account you switched into this time was the same account you switched into in Nov 21 or was it a different one?

It was a new account, I closed the old account Feb 24.

WillPS

Hattie627 said:

With regard to the requirement to pay £1000 into the Nationwide account as a condition of the switch bonus:

(a)Is there any length of time that the £1000 must remain in the account before being moved out? Nothing that I can see in the switch bonus T and Cs about this.

(b) with regard to timing, the t and c's say that the £1000 must be paid in within 31 days of requesting the switch. I requested on Monday 28th October, with the switch starting on 1st November and completing on 11th November. I moved the £1000 into my Nationwide Flex Account today (31st October) ie within 31 days of requesting the switch. Does it matter that this is before the switch starts (or completes). I think I am within the terms on this but seeking reassurance.

a - no
b - yes, that's fine.

ThePirates

Paid in £1000 Friday, took it out Saturday

Switch completed Monday 

Card transaction Tuesday

Received text today saying I'd qualified for bonus

Cash in the account 2 hours later!