Nationwide £100 Payout: Halifax Loses 25,629 Customers as UK Bank Switching Jumps 43%
Nationwide gained a net 64,527 current-account customers in the final quarter of 2025, the largest increase among UK banks, while Halifax lost 25,629, according to Pay.UK data. Total account switches rose 43% year-on-year to 319,529 as households sought better rates and perks. Barclays and Lloyds also reported net gains. Nationwide’s growth followed cash offers and a £100 member payout.
