Latest news with #NationwideFairerSharePayment
Glasgow Times
16-06-2025
- Business
- Glasgow Times
Nationwide £100 free bonus update for 4 million customers
Britain's biggest building society has confirmed the cash giveaway as part of its Fairer Share scheme. Over four million people will qualify for the bonus payments, which will start landing in accounts within days. To be eligible, people need to have a current account with Nationwide, as well as either a qualifying savings account or a mortgage. Qualifying customers should have been sent a letter or email letting them know about the cash boost. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 When will the £100 bonus arrive? Bonus payments will start entering bank accounts on Wednesday, June 18. All the money should be paid out by July 4 as part of Fairer Share, which first launched in 2023. The giveaway is not guaranteed to run every year but depends on financial performance. The banking giant said: "The Nationwide Fairer Share Payment is £100 for the third year running. "Over four million of our members will receive it. "Eligible members will receive their £100 payment between June 18 and July 4, 2025. "We will only pay the money into an open Nationwide current account." Recommended reading: Martin Lewis has say on Nationwide £100 bonus Martin Lewis' Money Saving Expert said: "If you bank with Nationwide, you could get a free £100 paid into your account in June or July as part of the building society's Fairer Share scheme. "The bonus will be paid to millions of its current account customers who also have savings or a mortgage with it."
Powys County Times
16-06-2025
- Business
- Powys County Times
Nationwide £100 free bonus update for 4 million customers
Free £100 bonus payments will soon start arriving in Nationwide customers' bank accounts from this week. Britain's biggest building society has confirmed the cash giveaway as part of its Fairer Share scheme. Over four million people will qualify for the bonus payments, which will start landing in accounts within days. To be eligible, people need to have a current account with Nationwide, as well as either a qualifying savings account or a mortgage. Qualifying customers should have been sent a letter or email letting them know about the cash boost. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 When will the £100 bonus arrive? Bonus payments will start entering bank accounts on Wednesday, June 18. All the money should be paid out by July 4 as part of Fairer Share, which first launched in 2023. The giveaway is not guaranteed to run every year but depends on financial performance. The banking giant said: "The Nationwide Fairer Share Payment is £100 for the third year running. "Over four million of our members will receive it. "Eligible members will receive their £100 payment between June 18 and July 4, 2025. "We will only pay the money into an open Nationwide current account." Martin Lewis has say on Nationwide £100 bonus
The Herald Scotland
16-06-2025
- Business
- The Herald Scotland
Nationwide £100 free bonus update for 4 million customers
Over four million people will qualify for the bonus payments, which will start landing in accounts within days. To be eligible, people need to have a current account with Nationwide, as well as either a qualifying savings account or a mortgage. Qualifying customers should have been sent a letter or email letting them know about the cash boost. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 When will the £100 bonus arrive? Bonus payments will start entering bank accounts on Wednesday, June 18. All the money should be paid out by July 4 as part of Fairer Share, which first launched in 2023. The giveaway is not guaranteed to run every year but depends on financial performance. The banking giant said: "The Nationwide Fairer Share Payment is £100 for the third year running. "Over four million of our members will receive it. "Eligible members will receive their £100 payment between June 18 and July 4, 2025. "We will only pay the money into an open Nationwide current account." Recommended reading: Martin Lewis has say on Nationwide £100 bonus Martin Lewis' Money Saving Expert said: "If you bank with Nationwide, you could get a free £100 paid into your account in June or July as part of the building society's Fairer Share scheme. "The bonus will be paid to millions of its current account customers who also have savings or a mortgage with it."
Western Telegraph
05-06-2025
- Business
- Western Telegraph
Full list of Nationwide customers who won't get £100 payment
Part of the building society's 'Fairer Share' scheme, millions are set to receive a slice of £400m. This follows Nationwide's announcement of a hefty £2.3 billion profit for the year ending March 31, 2025. The Fairer Share initiative was designed to give back to customers by sharing some of the profits, but only those who meet specific criteria will benefit. To qualify, Nationwide stipulates that you must have had an active current account on March 31, 2025. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 If your Nationwide current account wasn't open on this date, unfortunately, you won't be eligible for the bonus. Additionally, you must have used your current account within the first three months of the year. For savings accounts to qualify, you must have held at least £100 in one or more personal savings accounts or cash ISAs with Nationwide at any point during March 2025. Eligible members can expect to see the bonus credited to their accounts between June 18, 2025, and July 4, 2025. The building society has stated: "We will pay the money into your Nationwide current account by electronic transfer. "If you hold more than one current account with us, we may pay the money into any of those accounts. "We will pay the money into an account in your sole name if you have one and will pay it into a joint account if you do not. Recommended reading: "The payment will appear on your current account statement as Nationwide Fairer Share Payment. "We will not make the payment in any other way and if you do not have an open Nationwide current account when we try to make the payment, you will not be eligible to receive it. "We will decide whether you are eligible for the payment based on the information we hold about you and the products you have with us. "We always do our best to ensure that the information is accurate and complete, but incomplete, inaccurate, or out of date information may mean we wrongly exclude you from the payment."
Scottish Sun
05-06-2025
- Business
- Scottish Sun
Exact code to spot when £100 Nationwide payment lands in millions of accounts within weeks – will you be better off?
If you are not a Nationwide customers don't worry as we share other banks giving away free cash CASH HELP Exact code to spot when £100 Nationwide payment lands in millions of accounts within weeks – will you be better off? NATIONWIDE customers have been told the exact code to look out for to confirm a £100 payment has landed in their accounts. The high street lender is giving away the cash as part of its Fairer Share programme. 1 Nationwide customers have been told the exact code to look out for when the £100 cash lands in their accounts Credit: Getty The payment goes to members who bank with Nationwide regularly. Those who have a savings account or mortgage product could also qualify. Customers can expect the cash to land in their accounts between June 18 and July 4. And there is a code that customers should look out for on their bank statements to ensure they have received the cash - it is Nationwide Fairer Share Payment. But you must have opened a main current account with Nationwide by March 31 to get your hands on the money. You would have needed to have £100 in savings or owe £100 on your mortgage by that date. You also will need to have used your account within the first three months of this year. This is the third year that Nationwide has given away free cash to customers. Last year, it paid out a total of £385million to 3.85million customers and the year before £340million to 3.4million people. Back in December, the building society's boss confirmed it would make the payment for a third time. Major bank paying out £100 to customers It's worth noting, the £100 Fairer Share payment is separate to the £50 issued to around 12million Nationwide customers between April 9 and May 14. Recently the bank has also launched a new £200 switching offer to treat customers who sign up for its new bond. Nationwide's member inclusive bond is available to sign up to for all 16 million existing members and can be opened in branch, online or via the Banking App. This is a fixed-rate savings bond available only to Nationwide members. BANKING FREEBIES Nationwide is not the only bank giving customers free cash. TSB is giving new customers who switch to the high street bank a £100 switching incentive. You get the £100 upfront but if you spend on your debit card for 20 times in the first six months you get a £15 a month cashback. Santander has launched a new switching incentive to lure in customers. As part of the deal, customers will receive £180 within 90 days of making the switch. Cusomers need to pay £1,500 into the account within 60 days. This does not have to be deposited all at once. Customers must also set up two active household direct debits on the new account. This can include your council tax, mobile phone, home phone, broadband, paid-for TV packages, water, gas and electricity bills. Co-op Bank is also paying £175 to new customers.
