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Making an overpayment on your loan

You can make overpayments to reduce your outstanding balance whenever you like. Your monthly Direct Debit won't change, but you will pay your loan off faster. There are no charges for making overpayments or settling your loan early.

Option 1: Transfer money from a Nationwide account, using the Internet Bank

  1. Log in to the Internet Bank.
  2. Find the Quick Transfer option.
  3. Choose the accounts to transfer to and from.
  4. Add the amount you want to overpay.
  5. Use the Go button.
  6. Check the details and, if you're happy to make the transfer, choose Yes.

Option 2: Transfer money from a Nationwide account, using the Banking app

  1. Log in to the Banking app.
  2. Use the menu and choose Payments & Transfers.
  3. Choose Pay or move money.
  4. Choose the accounts to transfer to and from.
  5. Add the amount you want to overpay.
  6. Use the Next button.
  7. Check the details and, if you're happy to make the transfer, choose I confirm that the details above are correct.
  8. Use the Make transfer button.

Option 3: Make a payment from a non-Nationwide current account

If you're paying us for the first time, you'll need to set up a new payee. You may be asked to confirm a few details about the account before you can make the payment.

  1. Choose personal account, when asked to select the account type.
  2. Enter your full first name and last name. So that's 'Thomas', not 'Tom'. For joint accounts, you'll only need to use the full name of one of the account holders.
  3. Enter the account's sort code and account number. You'll need to pay the following Nationwide account: sort code 07 00 70 and account number 00001760.
  4. Add your payment reference. Use the sort code followed by the last 8 digits of your loan account number, for example: 070070/XXXXXXXX.

Option 4: Send us a cheque

Please make your cheque payable to Nationwide Building Society 070070, followed by your 8-digit loan account number, for example:

Nationwide Building Society 070070/XXXXXXXX

Please post the cheque to:

Personal Loans Admin,
Nationwide Building Society,
Kings Park Road,
Moulton Park,
Northampton,
NN3 6NW.

Option 5: Visit us in branch

You can also make an overpayment in one of our branches.

When you visit a branch, please bring with you some photo ID, like your passport or driving licence.

If you don’t have photo ID, please bring:

  • a statement from a UK-based bank or building society (must be less than 3 months old, and not a Nationwide Building Society account), and

  • a utility bill (such as a gas, electricity or landline phone bill that's less than 3 months old).

Find your nearest branch

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