Nationwide has shared who can claim the cash

Nationwide has announced it will hand out £175 cash incentives to all eligible customers who take certain steps. Many banks provide switching rewards to attract new customers, and Nationwide has confirmed that anyone transferring to its FlexPlus, FlexDirect or FlexAccount from a non-Nationwide account may receive the bonus.

Your old account must have at least two Direct Debits to move over and you'll need to complete the switch within 28 days. The world's largest building society also said that within 31 days of requesting the switch, customers must deposit at least £1,000 into the account, excluding transfers from other Nationwide accounts or Visa credits

The £1,000 can be paid in instalments or as a lump sum. You'll also need to make at lea

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