Product news

From 31 March 2025, Nationwide will withdraw its current market leading¹ switching incentive², which pays £175 to those switching their current account.

• For existing customers switching to a new deal and new customers remortgaging, rates start from 3.99%

Nationwide has lent to more first-time buyers than any other bank or building society in the UK by prioritising those looking to get on the housing ladder. 

Nationwide Building Society is today (14 February 2025) launching new Two-Year Fixed Rate Online Bonds, Fixed Rate Branch Bonds and Fixed Rate Cash ISAs.

• Research from Nationwide finds that 43% of Brits considered going away without travel insurance
• Top ten risky activities include watersports, skiing, quad biking, bungee jumping and skydiving
• £1.2k average cost of a declined claim– with 76% declined due to undeclared condition or no upgrade
• People aged 35-44 most likely to travel without travel insurance, with those aged 18-24 least likely

• Cash usage rises for third year in a row with nearly 33 million withdrawals made from Nationwide ATMs last year
• Withdrawals by non-Nationwide customers up 16 per cent- highlighting impact of bank branch and ATM closures
• ATMs not just for withdrawals as nearly half of transactions including mini-statements or paying bills
• Nationwide ATMs in Chiswick, Shotton and Fakenham see biggest rises in withdrawals

• Nationwide’s gambling block and industry partnerships aimed at tackling problem gambling
• Nationwide first to join Gambling Harm Actions Lab to enhance gambling support for customers
• 11% of gamblers bet daily, 28% hide their habit and 4% have lost more than £1k on a single bet, poll shows
• But research also highlights one in five would refuse to seek help if their gambling became an issue
• Younger people most likely to bet daily, spend the most, and more likely to hide their gambling

Nationwide is today (13 December 2024) launching new issues of its Triple Access and Flex Instant Access accounts.

By 5pm today, Nationwide customers have made 7.39 million transactions - 16 per cent higher than a typical Friday.

By 2pm today, Nationwide customers have made 5.24 million transactions - 18 per cent higher than a typical Friday.

By 9am this morning, Nationwide customers have made 1.66 million transactions - 21 per cent higher than a typical Friday.

• December and January peak months for overdraft use due to festive spend, new research from Nationwide shows
• Nationwide introduces £50 interest-free overdraft buffer in time for Christmas
• Takes sting out of dipping into overdraft, with 1 in 4 Nationwide customers going into red by £50 or less each month
• Brits spend 12 days a month in overdraft with top reasons being overspending and higher than normal bills