Make energy hassle-free with Switchd
Times are challenging for many of us. Energy prices are higher than ever and have grown faster than ever, while the cost of living seems to keep going up. To help reduce the pressure of your energy bills, as a Nationwide member you can get a free 6-month subscription to energy switching service, Switchd.
What is Switchd and how does it work?
Switchd is the only energy switching service that checks the whole energy market every day to find you the cheapest gas and electricity deals. That means checking every deal, every day, without the hassle of searching for yourself.
Because they’re funded by their customers’ monthly subscriptions, not energy providers, they're completely impartial. So, you get access to the best deals and the biggest savings. And they check green energy options too.
Switchd will automatically move you to a new provider when you can save at least £50 a year. And you don’t need to worry about exit fees when you move provider with Switchd because they always weigh up the savings in cheaper energy with the cost of exiting. So, you’re always saving at least £50.
Switchd will contact you to let you know when they’re switching you, and you can manage your account on their website.
Try a free 6-month subscription with Switchd
Just for being a Nationwide member, you get free access to any Switchd paid plan for 6 months from when you sign up. You’re a member if you have a current account, mortgage or savings account with us. Paid plans range from £1.99 to £4.99 a month, and you can choose the plan that suits you best. If you cancel within 6 months, Switchd won’t charge you anything at all.
There are few energy deals available at the moment. But even if Switchd cannot find you a better deal today, you have the peace of mind that you’re always on the best tariff for you.
What happens when the offer ends after 6 months?
Once your 6 months free offer ends, you still won’t be charged a penny until Switchd have moved you to an energy provider that can save you at least £50 a year.
You’ll then be charged in advance every 6 months according to the plan you’re on. For example, if you’re on their standard £3.49 a month plan, you’ll be charged £20.94 every 6 months.
A free plan is also available, which you can switch to at any point. But this plan will not scan the whole market. So, you may not save as much as you would on the paid plans.
You can also change your plan or cancel at any time. But if you’ve just been switched to a new energy deal, you may not be entitled to a refund of the plan subscription fee you’ve paid.
If you close your Nationwide account partway through the offer period, you’ll still get your full 6 months free.
Tailor Switchd to you
You can manage your Switchd account from the account settings at any time.
If you only want to switch to green energy providers, you can have Switchd only search these for you. Or, if you decide you want to search for the cheapest tariff, you can simply change your settings. It won’t change your current tariff, but it will affect your next switch.
If you’re concerned about exit fees, you can also ask Switchd not to switch you away from any supplier until after the period in which you would be charged an exit fee.