Nationwide £100 payable in June 2025 - Act now?
As well as Nationwide's £175 switch offer they are likely to offer a free £100 in June 2025 to customers who have jumped through some hoops, but you'll need to act before ~28 Jan 2025. They've done an identical offer two years in a row. Will it be a case of third time lucky? There are a few ways to be eligible, but this is probably the most straightforward method (please comment with improvements).
- Open a Nationwide FlexDirect current account if you haven't before ~28 Jan 2025.
- Transfer £500 into your FlexDirect current account in Jan, Feb and Mar 2025 at least a few working days before the end of the month. (You only need to do this 2 out of 3 months.)
- Transfer £500 from your FlexDirect current account into your other bank account in Jan, Feb and Mar 2025 in TWO transactions of £250 each.
- Keep your FlexDirect current account open until 30 June 2025, empty is fine.
- Open a Nationwide savings account if you haven't, before ~28 Mar 2025. Flex Instant Saver is the easiest, but Flex Regular Saver is worth a look.
- Transfer £100 to your Nationwide savings account before ~28 Mar 2025 and hold at the end of any day in Mar 2025.
- Transfer £100 into your other bank account the next day if you like.
- Keep an eye out for clarifications from Nationwide and expect £100 in your FlexDirect current account before 30 Jun 2025.
TLDR: Possibly free £100 from Nationwide if you jump through some hoops (exchange 2024 for 2025)