Nationwide is the largest building society in the world, and commands an impressive branch network that rivals even the Big 5 banks. It has an excellent track record in contributing to the real economy and in ethical lending, partly thanks to its strict code of human rights standards on its supply chain.

What’s more, Nationwide shows that better banking can also provide great returns, with its impressive FlexDirect current account offering 5% AER on balances up to £2,500 for the first year – far higher than even most savings accounts. You can also share £200 when you recommend a friend who uses the switch service to move to Nationwide. [correct as of 01/09/15].

Nationwide also takes a responsible approach to lending, with mortgage arrears rates less than two fifths of the industry average by March 2013. With basic bank accounts open to people on a low income, and savings accounts available from only £1 investment, moving your money to Nationwide is a great way of gaining a first-rate service whilst also supporting the society that we all share.

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Case Study:

Simone Matthews

I’d been with my previous bank for ten years and had been thinking of moving for a while. Then last year they removed the travel insurance element of the account, it gave me the final push to switch. I chose to switch to Nationwide as the FlexDirect offered 5% interest and I’d heard they had a good reputation for customer service. The switching process was easy as Nationwide did everything for me and all my bills continued to be paid as normal.