Overview

• The limited-time offer launched on September 18, with the £175 credited within 10 days of meeting all conditions and the account showing the payment as “Switching Offer.”
• Customers can switch into FlexDirect, FlexPlus or FlexAccount, with FlexDirect offering 5% AER on up to £1,500 for 12 months plus 1% debit‑card cashback capped at £5 a month for 12 months for those new to its incentives.
• To qualify, applicants must complete a full Current Account Switch Service move from a non‑Nationwide account with at least two direct debits, close the old account, transfer at least two direct debits, pay in £1,000, and make one debit‑card payment within 31 days, with the switch completing within 28 days.
• People who have received a Nationwide switching offer since 2021 are excluded, except when moving from a past sole‑account offer to a new joint account or from a past joint‑account offer to a new sole account that has not had the offer; joint accounts receive a single £175 payment.
• The £1,000 pay‑in can come from switched funds, a salary paid in after the switch, or another non‑Nationwide account, while money from Nationwide accounts or existing balances does not count, and excluded card transactions include gambling, cryptocurrency, cash withdrawals and other cash‑type or transfer payments.