Nationwide Building Society customers have just days left to claim a £200 cash bonus by switching their current account to the provider. The offer is set to expire soon, with July 10 being the final day to apply for the reward.
Existing Nationwide members can take advantage of this incentive by switching from a non-Nationwide account to a FlexPlus, FlexDirect, or FlexAccount. The scheme forms part of a wider effort to encourage customers to migrate their accounts, and Nationwide is offering the bonus to those who meet a set of eligibility criteria.
For those considering making the switch, the deadline is rapidly approaching, making this the last chance for eligible individuals to secure the £200 payment.
Steps to Claim the £200 Bonus
To qualify for the £200 bonus from Nationwide, customers must complete a full switch to a Nationwide current account via the Current Account Switch Service.
This process involves moving from a non-Nationwide provider to one of the designated accounts – FlexPlus, FlexDirect, or FlexAccount. The switch must be completed within 28 days, and at least two direct debits need to be transferred to the new account during the process.
Furthermore, customers must deposit a minimum of £1,000 into the account within 31 days of switching, and make at least one debit card payment.
The old account must also be closed to satisfy the full switch requirement. These actions are part of Nationwide’s efforts to streamline the account migration process while offering a tangible incentive to encourage new customers.
According to Nationwide’s website, the offer is available until July 10. Those uncertain about their eligibility can use an online tool provided by the company to verify if they qualify for the bonus. With the clock ticking down, customers should act quickly to ensure they don’t miss out on this limited-time offer.
A History of Nationwide’s Customer Incentives
This £200 bonus comes after Nationwide’s previous efforts to reward its customers. Earlier this year, over four million members received a £100 Fairer Share Payment, as part of the organisation’s ongoing commitment to its members. The payments were made to those with a qualifying current account and either a qualifying savings account or mortgage.
Additionally, Nationwide recently paid out £50 to over 12 million members as a thank-you gesture following its acquisition of Virgin Money. These payments reflect Nationwide’s ongoing strategy of maintaining customer loyalty and strengthening its customer base through financial incentives.
