I (each of us if more than one is applying) agree that:

  1. Conditions and Rules apply to this account. I can obtain copies of these in any of your branches;
  2. The money I am investing in this account is my own;
  3. For joint accounts:
    1. you can pay cheques and act on instructions signed by either of us unless you are told otherwise;
    2. If you give us an overdraft you are not required to provide more than one statement. If we want individual statements we will tell you;
  4. Nationwide has not provided any advice or recommendation on any of their current accounts or any insurance provided free or purchased with this application.

About our charitable assignment scheme

By submitting this application, you agree that you will be legally bound by our charitable assignment scheme when your account is opened unless (i) you have been a member of Nationwide continuously since 2 November 1997 or (ii) you fall into a special group which is excluded from the scheme.

If the scheme applies to you: 

  • You will become a member of Nationwide Foundation if you are not a member already. The Foundation is a registered charity and is a focus for our charitable giving.
  • You agree with us and with the Foundation to assign to the Foundation your rights to any windfall benefits (e.g. money or shares) you might otherwise have received in the unlikely event that we transfer our business to a company.

The terms of the scheme are set out under the heading “Charitable Assignment” in our leaflet Current Accounts – Important Information

Use of your information

We will use the information you give to credit score your application which will leave a record with credit reference agencies whether or not your application proceeds. If you give false or inaccurate information and fraud is identified, details will be passed to fraud prevention agencies. Full details of how we use your data and how information held by fraud prevention agencies may be used are available on request, on our website and in your welcome pack if your application proceeds.

Your data will be shared within Nationwide to manage your account, make lending decisions, collect debts and for business analysis. It may also be shared within Nationwide and with specialist companies for market research purposes on behalf of Nationwide.

It will also be shared with other organisations for the purposes of them providing products and services in association with or on behalf of Nationwide.

Nationwide may inform you of special offers, products and services, either by letter, telephone or email. If you are a new Nationwide Building Society customer and you do not wish to receive this information by letter, email or telephone, or any combination of these, you can write to Nationwide Building Society, Marketing Opt-out, FREEPOST SCE 7125, Swindon, SN38 9LY.

If you are an existing Nationwide Building Society customer your current marketing preferences will continue unless you tell us otherwise. If you have given a previous marketing instruction to any subsidiary or trading division of Nationwide Building Society, your request to them will not change.

For joint accounts: You confirm that you have consent of the joint applicant to record their information if not present.