Nationwide FlexDirect - £175 Switch Bonus

Overview

Nationwide is paying £175 to members who switch a current account from another bank into a FlexDirect, FlexAccount or FlexPlus using the Current Account Switch Service (CASS). You can open a new account or switch into one you already hold. FlexDirect is the fee-free option and pays in-credit interest.

How to Claim

1. Click the link on this page to open a Nationwide FlexDirect, FlexAccount or FlexPlus and choose to switch while applying (or, if you already have one, request a switch into it in internet banking).
2. Start a full CASS switch from a current account at a different bank — this closes your old account. The switch must complete within 28 days of opening your Nationwide account (or of asking to switch into an existing one).
3. Make sure at least 2 active Direct Debits move across as part of the switch.
4. Within 31 days, pay in at least £1,000 (lump sum or instalments; money moved across in the switch counts) and make at least one debit card payment.
5. £175 is paid into your Nationwide account within 10 days of meeting all the criteria, shown as 'Switching Offer'.

Requirements

• 18+ and UK resident
• Full CASS switch from a current account in your name (sole, or joint in your name) at a non-Nationwide provider — Virgin Money accounts don't count, as Virgin Money is now part of Nationwide
• 2+ active Direct Debits transferred as part of the switch (standing orders and recurring card payments don't count towards this)
• £1,000+ paid in and 1 debit card payment within 31 days
• Must be your first sole switch offer from Nationwide since 2021 (joint accounts: first joint switch offer since 2021 for both holders)

Important Terms

• The £1,000 can't come from another Nationwide account (even someone else's), from Visa credits, or from money already in an existing account you're switching into
• Gambling, crypto, cash withdrawals, money transfers and cash-type transactions don't count as the card payment. Contactless, Apple Pay, Google Pay, Samsung Pay and recurring card payments do
• Joint accounts get one £175 payment
• The account must still be open when the £175 is paid
• Nationwide can end or change the offer at any time. If you've already requested your switch, you'll still get it

Tips

• FlexDirect is fee-free with a 12-month intro in-credit interest rate, so it's usually the best choice for this offer
• Decline the arranged overdraft during the application to avoid a separate credit check
• Recurring card subscriptions (e.g. Netflix, Spotify) count as the one card payment, so moving one across ticks that box
• FSCS protected up to £120,000