Nationwide has broadened its “recommend a friend” scheme from the existing current account holders only to savings and mortgage customers as well. Hence, existing Nationwide current account, mortgage and savings account holders have the opportunity to receive £100 when they recommend a friend switch their main current account to Nationwide.
Customers of the building society can earn a maximum of £500 per tax year by recommending 5 people. The recommendation switching incentive rewards both parties with £100 each, with more than 300,000 customers having used the scheme and been rewarded.
"Nationwide ranks first in likelihood of people to recommend it as a main current account bank, while this proportion is likely to increase given the reward incentives."
According to RFi Group data, Nationwide ranks first in likelihood of people (8+/10) to recommend it as a main current account bank, while this proportion is likely to increase the following months given the reward incentives.
