Bank switching offers are a pretty common thing, particularly prior to the pandemic. But once COVID-19 hit, there was a period with almost no switching offers. However, recently some new offers have began to show up, making it the best time to switch bank accounts and gain a little cash in the process.
Nationwide Building Society is offering new customers £100 to switch to them as well as a bonus of £125 to existing customers.
The switching bonus will be paid within 10 days of completing a successful switch.
Nationwide require that you switch a current account which has at least 2 active direct debits. There are no other requirements.
While it isn’t always the best idea to only switch bank accounts only for the bonus, it is a great idea for anyone who has already been looking at moving to a different bank anyway.