Nationwide Building Society customers have just days left to claim £200 in bonus cash. Existing members can get the payment when you switch from a non-Nationwide provider to a current account with the group.

The offer is soon expiring, after Nationwide recently paid out £100 to millions of members in a separate bonus payment scheme.

To qualify for the funds, you need to complete a full switch online using the Current Account Switch Service. You need to switch over from a non-Nationwide account to a new or existing FlexPlus, FlexDirect or FlexAccount account.

You have to close your old account to do the full switch. Other rules to follow include that you need to move over at least two direct debits as part of the switch.

Customers have to complete the switch within 28 days. And within 31 days of opening the new account or applying to switch into the existing account, you need to pay in at least £1,000 into the account and make at least one debit card payment.

The offer is available until Thursday, July 10. If you are unsure if you are eligible, the Nationwide website has a tool you can use to find out.

Nationwide also recently paid out £100 to more than four million members in the latest round of its Fairer Share Payment.

To get the bonus cash, you had to be a member with a qualifying current, plus either a qualifying savings account or a qualifying mortgage.

Payments were due to go out between June 18 and July 4, with the funds being paid into open Nationwide current accounts.

The building society also previously paid out a £50 payment to over 12 million members as a thank you gesture, after it acquired Virgin Money.

To qualify for this, you had to be a Nationwide member on September 30, 2024, and meet other conditions. You also needed to still be a member when the payment went out.

Bank customers may be wondering if the base interest rate set by the Bank of England will drop again soon, which could trigger another cut in rates across savings accounts.

The base rate is currently 4.25% with the rate held at this level in the central bank's latest decision, on June 19. The bank last dropped the rate from 4.5% to its current level, on May 8.