Nationwide reigns supreme in bank switch war as Santander faltersNationwide held onto its current account switching crown. (Image: PA)Nationwide maintained its top spot in the tussle for current account switchers in the third quarter of 2025 as the mutual sweetened its offer for new joiners. But the bank dramatically undershot the mutual’s wins at just 8,731, according to the latest release from the current account switching service. The Spanish-headquartered bank was stung with over 42,000 ditching their current account leaving net losses at near-20,000. The Treasury Committee report last year showed banks were down for a combined total of 31 days in the space of two years.