Nationwide is currently not offering a switching deal. The information below is for reference only. For switching deals & sign-up bonus offers available now, make sure to check out our switching deals guide and sign-up bonus deals guide.
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.
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.
To claim the latest Nationwide switch offer you need to:
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.
There’s no end date listed on Nationwide’s site, but it does say that the offer is only available for a limited time.
"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. "
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