{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreicdbfqyqvcuwjzesenox6txo62rnd2oyjxdas4urska72hlpy2z3m",
    "uri": "at://did:plc:oznbnvgr7dmvddiyvr7dih52/app.bsky.feed.post/3mfr5vy2f3lb2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreifaqmt2nublibmp6hugj3xif3jljfnczphexkhkvygg5kchwfoaqm"
    },
    "mimeType": "image/jpeg",
    "size": 50820
  },
  "path": "/money/nationwide-building-society-free-bonus-deadline",
  "publishedAt": "2026-02-26T11:28:32.000Z",
  "site": "https://www.gbnews.com",
  "tags": [
    "State pension overhaul calls grow as Britons 'need a system that works' after DWP report",
    "Premium Bonds warning: 'You might earn nothing' after NS&I rate cut",
    "Premium Bonds alert: NS&I announces major change as 'odds of winning £1m prize got longer'",
    "The GB News Editorial Charter"
  ],
  "textContent": "\n\n\nBritons hoping to claim a free £175 bonus from Nationwide Building Society are being reminded they have less than a week remaining before the deal disappears.\n\nThe building society will remove its current account switch incentive at 23:59 on March 4, 2026, giving potential switchers until next Tuesday to complete their applications.\n\n###\n\n\n\n\nThose wishing to claim the payment must carry out a full switch through the Current Account Switch Service (CASS) to one of Nationwide's three main current accounts.\n\nThe offer has proven highly attractive to consumers, with Nationwide recording the strongest net switching gains of any provider according to the most recent CASS figures.\n\n###\n\n\n\n\n###\n\n\n\n\nThe mutual has claimed the top spot as Britain's most popular switching destination for four consecutive quarters.\n\nFred Powell, the head of Product at Nationwide Building Society, said: \"Our switching incentive is a demonstration of how we are making banking more rewarding for customers, and the fact we have topped the switching tables consistently shows customers agree.\n\n\"We would encourage anyone looking to switch their account to do so now to benefit from the offer as it will be withdrawn on March 4.\"\n\nThe switching deadline arrives amid evidence that vast numbers of current accounts are generating no returns whatsoever for their holders.\n\n###\n\n\n\n\n### LATEST DEVELOPMENTS\n\n\n\n\n  * State pension overhaul calls grow as Britons 'need a system that works' after DWP report\n  * Premium Bonds warning: 'You might earn nothing' after NS&I rate cut\n  * Premium Bonds alert: NS&I announces major change as 'odds of winning £1m prize got longer'\n\n\n\n###\n\n\n\n\n###\n\n\n\n\nResearch from savings app Spring found that 6.5 million accounts containing balances exceeding £10,000 are earning zero interest, with the average balance in these accounts standing at £35,428.\n\nSome 340,000 accounts hold more than £100,000 while paying nothing to their owners. Overall, £324.8 billion sits in current accounts that offer no interest, according to Spring's analysis of November 2025 data.\n\nOf the 86.3 million current accounts in credit, 87 per cent received no interest on their balances. Spring's research indicates that many savers are trapped by old habits or feel overwhelmed by available options rather than being careless with their finances.\n\nDerek Sprawling, Spring's the head of Money, said: \"It's staggering that over six and a half million current accounts hold over £10,000 and are earning absolutely nothing, with some people leaving six-figure sums languishing in accounts that erodes the real value of their money.\"\n\n###\n\n\n\n\n###\n\n\n\n\nJohn Dentry, the product owner of the CASS at Pay.UK, suggested that reviewing whether a bank account still meets one's needs can be worthwhile, noting that providers are competing on services, support and financial rewards.\n\nHe added: \"It's important for people to focus on the areas of their finances that are within their control. Reviewing whether your current account still meets your needs, from fees and overdraft charges to the features and incentives on offer, can be a simple but practical step in managing day-to-day finances more effectively.\n\n\"For those who do decide a change is right for them, the Current Account Switch Service exists to make the process straightforward and hassle-free.\"\n\nHere is a full list of the Nationwide Building Society accounts someone needs to switch to to qualify for the free £175 bonus:\n\n  * FlexPlus\n  * FlexDirect\n  * FlexAccount.\n\n\n\n###\n\n\n\n\n\n\n\n\n\n\n**Our Standards:The GB News Editorial Charter **",
  "title": "Nationwide Building Society to axe free £175 bonus as deadline date confirmed - how YOU can still claim"
}