The high street bank is offering new customers a free £175 when they switch to its FlexDirect account - and there's no minimum payment to get the cash
Nationwide, the banking giant, has announced that it will be offering £175 to new customers who open a FlexDirect account. This move is seen by financial experts as an easy way to earn some extra money ahead of Christmas .
The offer from Nationwide was spotlighted by Martin Lewis' Money Saving Expert . While there's no immediate minimum deposit requirement, £1,000 must be deposited within 31 days of initiating the switch, and two direct debits need to be transferred over.This offer is one among several bank-switching deals currently available from high street banks.
"It has a linked 6.5% AER variable regular saver you can put £200/month in for one year . To get the free cash: Switch 2+ direct debits across, then pay in £1,000+ and spend once on the debit card within 31 days of requesting the switch.", reports Birmingham Live. Financial experts are advising individuals seeking to earn some additional income to explore the current market deals, as switching accounts could potentially lead to easy money.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nationwide sending £175 to switchers just in time for ChristmasBank switching is big business right now, with both banks and building societies offering cash bribes to try to lure customers from rivals
Read more »
Nationwide sends £175 to customers for pre-Christmas boostWorth knowing with Christmas just around the corner
Read more »
Nationwide customers waking up to free £175 payment from bankNationwide Building Society has an incentive for customers who want to switch their bank accounts
Read more »
New £175 charge for drivers 'will hit seven groups hardest'The end of the fuel duty freeze could add £175 to an average family car's bill over the year if they fill up once a week, according to experts, who say pensioners will be worst-hit
Read more »
LookFantastic's £40 Black Friday beauty box is back and it's worth over £175The LookFantastic Black Friday Edit is back and shoppers can save over £100 on iconic brands like Rituals and Anastasia Beverley Hills
Read more »
Newcastle Fenwick Christmas window revealed: 12 Days of ChristmasThis year's display tells the story of a 'determined partridge' and features characters that move.
Read more »