The bank has delivered “Fairer Share” payments in recent years, and there’s been anticipation from members about whether they’d be getting the cash in 2025.
Nationwide confirmed that more than four million customers will each receive £100 in Fairer Share payments.
The £100 will land in eligible current accounts from June 18 to July 4.
To qualify, members must use Nationwide for their “everyday banking” and have an eligible savings or mortgage product with them.
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And those who have missed out, and did not have their main current account with Nationwide as of March 31, could get their hands on a free £200 boost by taking up a switching offer.
Those who do not have their main current account with Nationwide can take advantage of a £200 Member Exclusive Current Account Online Switch Offer.
Existing customers who decide to switch their main bank account to Nationwide will get the cash if they carry out a full online switch to a new or existing FlexPlus, FlexDirect, or FlexAccount.
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It’s important to note that this switch must involve shutting down the old account
You’ll also need to transfer at least two Direct Debits, complete the switch within 28 days, and deposit a minimum of £1,000 and make one debit card transaction within 31 days of opening the new account, or initiating the switch to an existing one.
Nationwide added: “You can only get this offer if you’re switching into a sole or joint account that hasn’t had one of our switch offers since 2021.”
