Nationwide's £200 switching bonus saw a record 163,000 customers sign up


by dailym.ai

dailym.ai— Nationwide scooped 163,363 switching customers in last three months of 2023. During this time, it was running a £200 switching bonus to encourage sign-ups. Nationwide could have spent up to £39million just reeling in new customers

@cityam—Nationwide wins current account switching battle with record 163,000 customers after £200 offer. Nationwide stormed ahead of its rivals by setting a record for UK current account switches in the final three months of last year, according to new data, as intense competition for deposits among lenders continues into 2024.

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