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Mon 02 Mar 2026 • 23:03

Nationwide to Withdraw £175 Bonus for New Current Account Customers Soon

Nationwide to Withdraw £175 Bonus for New Current Account Customers Soon

**Nationwide to Eliminate £175 Bonus Soon – Here’s How to Qualify**

Nationwide Building Society is set to remove its £175 bonus scheme for new current account customers imminently. Individuals looking to benefit from this promotion must act quickly, as the bank will cease offering this incentive very soon.

To qualify for the £175 bonus, customers need to open a new current account with Nationwide and ensure they satisfy specific criteria. This includes paying in at least £1,000 within the first 60 days following the account's opening. They must also set up a minimum of two direct debits. Known for its competitive banking services, Nationwide provides various accounts with different features aimed at meeting customer needs.

It's important for potential customers to understand that after the £175 bonus is withdrawn, alternate rewards will still be available. However, the existing promotion stands out in its value and simplicity.

"As a member-owned society, we are always looking for ways to reward our members," a spokesperson for Nationwide stated.

With many competing banks offering similar bonuses and promotions, Nationwide’s decision to eliminate this lucrative incentive has sparked interest and concern among prospective account holders. Customers are advised to consider their options carefully and to complete the relevant steps to secure the bonus before it is too late.

This report is for informational purposes only and is not financial advice.