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Nationwide Building Society has seen more than 54,000 customers switch to its current account during the first quarter of 2025.

This is in part thanks to the building society's £175 switching bonus.

Tom Riley, Director of Group Retail Products at Nationwide Building Society, said: “It's never been more rewarding to be a Nationwide member and that’s why we want to help more people benefit by offering this switching offer!”

They are not alone, as more than a million current account switches have been made over the past year.

According to data from the Current Account Switch Service (Cass), recent months saw the busiest quarter of activity, with about 265,100 taking place between July and September.

More than 111,000 took place in July alone, with Co-op Bank, Monzo and HSBC s

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