Offers Banks Lloyds vs Nationwide Building Society
Lloyds vs Nationwide Building Society switch offer
Lloyds pays £200 for switching to the Club Lloyds Account; Nationwide Building Society pays £175 for the Nationwide FlexDirect. They differ on Direct Debits, what you pay in, what else you must do, when it’s paid, who can get it and the monthly fee.
Side by side
From each bank’s own terms. What differs comes first; what’s the same is folded below.
| What | Lloyds | Nationwide Building Society |
|---|---|---|
| Reward Pocketly counts differs | £200 | £175 |
| The bank’s total differs | £200 | £175 |
| Direct Debits differs | 3, set up before the switch | 2 |
| Pay in differs | Nothing | £1,000 |
| Card, salary or app differs | Nothing | 1 card payment |
| When it’s paid differs | Paid about 14 working days after you ask to switch | Paid about 10 days after you meet the conditions |
| Who can get it differs | No Lloyds, Halifax or Bank of Scotland switching reward since 2023 | No Nationwide or Virgin Money switching reward since 2021 |
| Monthly fee differs | £5.00 | None |
Same for all (1)
| What | Lloyds | Nationwide Building Society |
|---|---|---|
| Can’t share a plan with | Any of these | Any of these |
Can I get both?
Pocketly can plan both, one after the other, if your accounts and cash allow it; it works out the order and when each pay-in is needed.
Each bank’s page: Lloyds · Nationwide Building Society. Planning tool, not financial advice; each bank’s live terms are final.