The UK’s largest building society has announced that, in collaboration with Santander, its customers will receive an early Christmas present in the form of free payments.
£175 Christmas Cash Offer for Nationwide and Santander Customers—Here’s How
By Arezki AMIRI
Published on 17 October 2024 15:00
It’s the perfect situation for customers of UK’s high street banks like Nationwide and Santander who can switch to First Direct and pick up a £175 Christmas bonus. This offer, highlighted by financial expert Martin Lewis, is simply a cash booster as long as a few steps are followed.
How to Claim Nationwide's Bonus
To benefit from the £175 bonus, customers must switch their bank account to First Direct using the Current Account Switch Service. Here are the steps to follow within 45 days:
- Switch at least two Direct Debits or standing orders to the new account.
- Deposit £1,000 into the account.
- Make five debit card payments.
- Log into the bank's digital banking platform.
These tasks are straightforward and ensure that the transition to First Direct is seamless.
Eligibility Criteria
This offer is available to a wide range of customers from banks such as Nationwide, Santander, Bank of Scotland, Royal Bank of Scotland, Barclays, NatWest, Lloyds, and TSB. However, there are some restrictions to note:
- New First Direct customers only are eligible.
- Customers who have opened an HSBC account after January 1, 2018, are not eligible.
- The offer is available to UK residents only and can be withdrawn at any time, subject to the bank's terms and conditions.
Additional Benefits from First Direct
In addition to the £175 switching incentive, First Direct offers several attractive benefits to new customers:
- A £250 interest-free overdraft, providing a buffer for unexpected expenses.
- Fee-free overseas transactions and ATM withdrawals, making it an excellent choice for travelers.
- Access to a 7% interest Regular Saver account, allowing customers to grow their savings effectively.
In the words of Carl Watchorn, Head of banking First Direct, the offer is a thank you to new clients as the bank has a high level of customer service. The managing director of First Direct said that they are trying to make the customers’ experience better, in particular by offering good deals and great support.
Ever thought about transferring your accounts? Now, for those who are looking to do so, there is an exceptional opportunity to improve their banking experience with an extra cash inducement. Make sure this time limited offer doesn’t pass you—move your accounts to First Direct and relish the goodies that come with it!