{"id":104499,"date":"2025-02-19T15:00:00","date_gmt":"2025-02-19T15:00:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=104499"},"modified":"2025-02-19T13:21:47","modified_gmt":"2025-02-19T13:21:47","slug":"double-bonus-from-nationwide-heres-how","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/double-bonus-from-nationwide-heres-how\/","title":{"rendered":"Get \u00a3250 \u2018Double Bonus\u2019 from Nationwide \u2013 Here\u2019s How"},"content":{"rendered":"\n

Nationwide Building Society is offering new customers up to \u00a3250<\/strong> in switching bonuses, combining an initial \u00a3175 payment<\/strong> with additional benefits under certain conditions. This initiative, reported by BirminghamMail<\/a><\/strong>, aims to attract new account holders while clarifying eligibility rules regarding direct debits.<\/p>\n\n\n\n

A \u00a3175 Bonus for Switching Accounts<\/h2>\n\n\n\n

Customers who transfer their current account to Nationwide<\/a> can receive a \u00a3175 bonus<\/strong>, provided they meet specific criteria. The switch must be made from a non-Nationwide bank account<\/strong> and include at least two active direct debits<\/strong>, which must have already processed at least one payment before the transfer.<\/p>\n\n\n\n

The process must be completed within 28 days<\/strong> of initiation, and the existing account must be closed<\/strong> as part of the switch.<\/p>\n\n\n\n

Additionally, within 31 days<\/strong> of requesting the transfer, customers must deposit at least \u00a31,000<\/strong> into their new Nationwide account, ensuring that the funds do not originate from another Nationwide account or a Visa credit transaction.<\/p>\n\n\n\n

To finalise eligibility, they must also make at least one purchase<\/strong> using their new debit card<\/a> within the same timeframe, excluding any transactions related to gambling.<\/p>\n\n\n\n

In addition to the initial bonus, customers opening a FlexDirect<\/a><\/strong> account can benefit from a 5% interest rate<\/strong> on balances up to \u00a31,500<\/strong>. This means they can earn an extra \u00a375<\/strong> over a year if they maintain the maximum balance.<\/p>\n\n\n\n

Multiple Accounts Eligible for the \u00a3175 Bonus<\/h2>\n\n\n\n

Nationwide<\/a> offers several current accounts that qualify for the \u00a3175 bonus<\/strong>, each with distinct benefits. The FlexDirect account provides a 5% interest rate on balances up to \u00a31,500 for one year, along with 1% cashback on debit card purchases and an interest-free overdraft of up to \u00a350. <\/p>\n\n\n\n

The FlexPlus account, a premium option costing \u00a313 per month, includes worldwide family travel insurance, mobile phone insurance, and UK and European breakdown cover. <\/p>\n\n\n\n

For those seeking a more straightforward option, the FlexAccount offers a standard current account with no monthly fee. However, only the FlexDirect account <\/strong>includes the enhanced interest rate<\/a> and cashback offer.<\/p>\n\n\n\n

Additional Benefits for Nationwide Customers<\/h2>\n\n\n\n

Nationwide account holders can also benefit from cashback on debit card payments, with a rate of 1% capped at \u00a35 per month for 12 months. <\/p>\n\n\n\n

They have access to a fee-free arranged overdraft of up to \u00a350 and can open a linked savings account that offers an interest rate of 6.5% on deposits of up to \u00a3200 per month.<\/p>\n\n\n\n

An Offer Limited to New Customers<\/h2>\n\n\n\n

Nationwide has confirmed that this offer is only available <\/strong>to customers who have not switched to a Nationwide account since August 2021<\/strong>. Those who have previously received a switching bonus from Nationwide are not eligible for this promotion.<\/p>\n\n\n\n

With this double bonus and competitive interest rates, Nationwide aims to expand its customer base by offering attractive incentives for those willing to switch their accounts.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nationwide is rolling out a limited-time switching offer, giving new customers a chance to earn up to \u00a3250 in bonuses. With specific eligibility criteria, the deal includes cash rewards and exclusive account benefits.<\/p>\n","protected":false},"author":9,"featured_media":104505,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-104499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/104499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=104499"}],"version-history":[{"count":3,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/104499\/revisions"}],"predecessor-version":[{"id":104516,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/104499\/revisions\/104516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/104505"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=104499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=104499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=104499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}