Nationwide Offers £175 Cash Bonus for New Account Holders
# Nationwide Offers £175 Cash Bonus: Eligibility and Claim Process
## Discover how to receive your cash bonus from Nationwide
Nationwide Building Society is currently offering a £175 cash bonus for new customers who open an account. This promotion allows potential account holders to claim the bonus when they switch their banking services to Nationwide. To qualify for this incentive, individuals must meet certain requirements.
To be eligible for the £175 bonus, applicants must open either a FlexAccount or a FlexPlus account and switch from another bank. The switching process is designed to be simple and hassle-free, as all Direct Debits and standing orders will be automatically transferred. "We'll request all your payment arrangements from your old building society or bank, including your Direct Debits and standing orders, to switch to your new account. You don't need to do anything," said Nationwide.
The payment will be processed once the new account is opened. It is essential that the account remains active during this period. For joint account holders, only one £175 payment will be made for the switching process. As the building society stated, "The account must be open when we make the payment. If you're switching into a joint account, you'll only receive one £175 payment. The payment will show on your statement as 'Switching Offer'."
Anyone interested in taking advantage of this offer should ensure that their account with the previous bank is properly closed to facilitate a smooth transition. This offer highlights Nationwide's efforts to attract new customers while providing a straightforward banking experience.
This report is for informational purposes only and is not financial advice.