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Multiple current accounts?

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  • jimjames
    jimjames Posts: 18,635 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Cashback? If you're referring to their switch incentive, then I'd recommend looking to make sure you understand exactly how it works. You need to use the current account switch service (CASS) which requires you to close one of your existing accounts with another bank. More details can be found below:

    https://www.nationwide.co.uk/current-accounts/switch/
    I think they may mean the 1% cashback on debit card spending for the first year of the Flex Direct account.




    Oh! That makes much more sense. Been so long since I was a new customer I didn't realise what they were offering these days
    But a switching incentive would be a good bonus for a student anyway I imagine and probably much more than cashback would be!
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Middle_of_the_Road
    Middle_of_the_Road Posts: 1,126 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Cashback? If you're referring to their switch incentive, then I'd recommend looking to make sure you understand exactly how it works. You need to use the current account switch service (CASS) which requires you to close one of your existing accounts with another bank. More details can be found below:

    https://www.nationwide.co.uk/current-accounts/switch/
    I think they may mean the 1% cashback on debit card spending for the first year of the Flex Direct account.




    Oh! That makes much more sense. Been so long since I was a new customer I didn't realise what they were offering these days
    It does in terms of what the OP was asking, but in value terms, I would think £175 for switching beats £5 a month by spending the maximum 500 to get 1%
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