How to get £200 when you switch

  • Be an existing qualifying member as at 31 March 2024

  • Switch a non-Nationwide bank account with at least 2 active Direct Debits to us

  • Switch to us online

  • Close your non-Nationwide bank account when you switch. Make sure you select Yes when asked Do you want us to close your old account?

  • Ask to complete your switch within 28 days

What are Direct Debits?

Direct Debits are different to standing orders and recurring card payments, like a Netflix or Spotify subscription. They’re regular payments you set up with a company allowing them to take a payment from your account on a set date. Most household bills, such as energy, water, broadband and Council Tax, are paid by Direct Debit.

What is a qualifying member?

You’re a qualifying member if either you or the person you have a joint non-Nationwide bank account with had a Nationwide current account, personal savings account or residential mortgage on 31 March 2024.

The following savings accounts are excluded: business savings, investment accounts (for example, a stocks and shares ISA) and personal savings accounts or cash ISAs in the name of someone else that are being held for your benefit under a trust or similar arrangement.

The following mortgages are excluded: buy to let, commercial, lifetime, mortgages with one our subsidiaries (for example, The Mortgage Works) or a mortgage you applied for but had not completed by 31 March 2024.

If you’ve switched a sole or joint current account to us and previously benefited from a Nationwide current account switch offer since 18 August 2021, you will not qualify for this offer.

If you qualify, your £200 will arrive within 10 calendar days of your switch completing.

We may change, replace or withdraw this offer at any time, and you cannot be subject to any of the exclusions in the terms - PDF 166KB (opens in a new window).

Still not sure if you qualify for our £200 member switch offer? Answer a few questions in our eligibility tool and we’ll help you find out.

You can choose between 3 bank accounts

You can get £200 by switching to a FlexPlus, FlexDirect or FlexAccount.

If you already have one of these bank accounts, you can still switch over your non-Nationwide bank account and get £200 if you log in to our Internet Bank. Not sure how to switch? Find out how to switch to an existing account (opens in a new window).


Our packaged bank account. Get worldwide family travel and mobile phone insurance, plus UK and European breakdown cover. Conditions apply.

£13 monthly fee


Our bank account with interest. For those who only bank online or over the phone. Get access to in-credit interest on your money and, for the first 12 months, you can get an interest-free arranged overdraft. Conditions apply.

No monthly fee


Our everyday bank account. Bank your way.

No monthly fee

Backed by the Current Account Switch Guarantee

Switching your bank account is designed to be simple, reliable and stress-free. You can switch in just 7 working days, and our dedicated team will move over your payments, balance and even your payees.

The whole process is backed by the Current Account Switch Guarantee - PDF 358KB (opens in a new window). So, in the unlikely event that something is missed, you won't be out of pocket. Any fees or charges will be covered. And your credit rating will be protected too.

How to switch bank accounts to Nationwide

  1. Apply to switch your bank account

    When you apply for a bank account, we’ll ask if you want to switch your existing bank account to us. Let us know your existing bank account details and when you want to switch, and we’ll start the process.

  2. During days 1 to 6 of your switch

    Keep using your old bank account and card. 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.

  3. Complete your switch on day 7

    Your switch completes. We’ll have moved all your Direct Debits, standing orders and remaining money from your old bank account to your new bank account. Your old provider will cancel your card and close your old bank account. It’s time to use your new Nationwide card.

  4. After your switch completes

    We’ll redirect payments from your old account. This means any payments still going to your old account, like your salary or pension, will be redirected to your new account. And we’ll tell the organisation making the payments about your new account details. You should also let them know your new account details.

What's included when moving your bank account to Nationwide

To get our £200 member-exclusive switch offer, you'll need to complete a full switch and meet our other switch offer terms.

You can find out what is and isn't included in a full switch here. But there are other ways you can switch to Nationwide, like partial and manual switches, that won't qualify for the £200 offer.

What is included in a full switch:

  • Your account balance.

  • Closing your old account once the switch is complete. This means your old debit card will stop working.

  • Your list of payees (everyone you’ve sent payments to), so you won’t need to ask for their details again.

  • Any new payments you've set up a week or more before your switch date. Once you're within 7 days of your switch date, it's best to set them up on your new account.

  • Regular income like your salary, pension or benefits payments.

  • Regular outgoings such as utility bills.

  • A safety redirect to catch payments sent to your old account in case someone doesn’t use your new account details. We can also contact the sender and give them your new account details. If you don’t want us to do this, just let us know.

  • Updates on the progress of your account switch if you give us your contact details when you apply.

What is not included in a full switch:

  • Regular bills and subscriptions you pay with your debit card, such as Netflix and Amazon Prime. (You’ll need to give them your new debit card number.)

  • Any arranged overdraft you have. You can apply for an arranged overdraft with us when you switch, and we’ll look at your circumstances to see if we can offer you one. We cannot guarantee you’ll get the same arranged overdraft as with your old provider.

  • Mobile payments like Apple Pay. You’ll need to set these up again using your new debit card.

  • Your transaction history. It’s best to request or download copies from your old provider.

  • Sweeping payment arrangements. These are services set up with third party providers to make payments for you. These are different to Direct Debits.

  • Access to your financial data. If you've allowed third party providers to access your financial data, you'll need to set these up again after you switch.

Apple Pay is a trademark of Apple Inc., registered in the US and other countries.

Why move your bank account to Nationwide?

  1. A share of our profits

    The Nationwide Fairer Share Payment is our way of rewarding eligible members. We want to give something back to those who trust us with their every day financial needs.

  2. Member-only products

    We have a range of products we keep just for our members. They include savings accounts, credit cards and loans.

  3. Free SavingsWatch alerts

    Register for SavingsWatch to stay up to date with interest rate changes. And get alerts about improvements to your account's features.

  4. Good mortgage deals when you switch

    Looking for a new mortgage? Existing mortgage members who want to switch get rates as good as, or better than, those available to new customers remortgaging to us.

  5. A chance to be heard

    Members are able to vote on certain topics and ask the board questions, through our Annual General Meetings (AGM).

  6. Our Branch Promise

    We know branches are important. So, every one of our branches will remain open until at least the start of 2028. That's our Branch Promise.

Nationwide adheres to The Standards of Lending Practice, which are monitored and enforced by the LSB: (opens in a new window).