Nationwide has launched a £175 switching offer for when you switch your non-Nationwide bank account to a new or existing FlexDirect, FlexAccount or FlexPlus. For a full list of switching deals on the market, you can visit our switching deals guide.
How much can I get with Nationwide’s switch deal?
You get £175 when you complete a full switch using the Current Account Switch Service to a new or existing FlexPlus, FlexDirect or FlexAccount.
If you switch to Nationwide’s FlexDirect account, you get 5% AER on balances of up to £1,500 for 12 months. Keep that in your account for 12 months and you could earn up to £75 over the year. You also get up to £60 cashback on debit card purchases for 12 months and access to the Flex Regular Saver at 6.50% AER. If you save the maximum of £200 every month, you’ll earn £84.50 in interest over the course of the year.
That’s £394.50 in your first year, including switching bonus, maximum savings interest and cashback.
How can I get the deal?
To claim the latest Nationwide switch offer you need to:
Complete a full switch to a new or existing FlexPlus, FlexDirect or FlexAccount
Make the switch online or through the Nationwide app
Close your account with your other bank
Move over at least 2 direct debits
Deposit £1,000 and make 1 debit card payment within 31 days
Complete your switch within 28 days
Who can get the deal?
You can only get this offer if you’re switching into a sole or joint account that hasn’t had one of Nationwide’s switch offers since 2021.
If you’re unsure you can use the eligibility checker on Nationwide’s website.
When the offer ends
There’s no end date listed on Nationwide’s site, but it does say that the offer is only available for a limited time.
Our expert says: Kate Steere explains why it pays to be a Nationwide customer
"It pays to be a Nationwide member, literally! Nationwide is one of the only banking providers that gives cash payouts for loyalty. It's made a "Fairer Share Payment" to eligible members for 3 years in a row, and in 2025, it made an extra £50 payment as a thank you to customers following its purchase of Virgin Money. Meaning, if you've been an eligible member since 2023, you'll have made a total of £350 to date. This is why we named Nationwide our 2025 Provider of the Year for Banking Perks. "
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
Hide
Get FREE alerts for new bank switching offers
FREE switching offer alerts
Sign up to receive the latest deals, expert tips, and a chance to win £400! (T&Cs)
Kate Steere is an editor and money expert at Finder, specialising in banking, savings and fintech. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends. Kate has a Bachelor of Arts in Modern History from the University of East Anglia. When not working, she can usually be found curled up with a good book or heading out for a run.
See full bio
Kate's expertise
Kate
has written
171
Finder guides across topics including:
Find out how you can open a new current account with NatWest and take advantage of the latest switching bonus.
Advertiser disclosure
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
