Nationwide Building Society are offering an 8% ’top’ rate saving plus an extra £200 cash.
The banking giant and building society has revealed the Flex Regular Saver can be opened using their internet banking or mobile banking app. Nationwide is also launching a regular savings account which is exclusively for current account customers, paying 8% per year for 12 months.
Customers of Nationwide must complete a full switch using the Current Account Switch Service in order to qualify for the incentive – . In a statement explaining the new offer, Tom Riley, director of retail products at Nationwide Building Society said: “We want to give people every reason to join and stay with Nationwide.
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"That’s why we are offering new and existing current account customers a top of market £200 if they switch their main banking relationship to the Society. We’re also rewarding our current account customers with a market-leading rate of eight percent AER on our Flex Regular Saver.
"We believe this is a further demonstration of the difference of being part of a modern, member-owned organisation." Once Nationwide has opened your new account, it will complete your switch in 7 working days. If you're switching to a current account you already have with us, we'll complete your switch in 7 working days from when you ask to switch.”
The statement went on to explain that the £200 will arrive within 10 calendar days of completing the switch. A minimum of two active direct debits must be transferred to the new account and customers can switch to either FlexPlus, FlexDirect, FlexAccount and 8% Flex Regular Saver.
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