Martin Lewis’ Money Saving Expert says people will get a free £100 one off payment within days. MSE has explained how Nationwide bank account holders and customers could be about to get a free £100 one-off payment under the Fairer Share scheme from the UK’s biggest building society.
The MSE team said: “If you bank with Nationwide, you could get a free £100 paid into your account over the coming weeks as part of the building society’s returning ‘Fairer Share’ scheme. The bonus will be paid to millions of its current account customers who also have savings or a mortgage with it.”
You must have a Nationwide current account and your account must have been open on 31 March 2024, BBC and ITV star Mr Lewis’ MSE team explained. You must have used your current account earlier this year, too, the guide goes on to explain.
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If you’re a FlexAccount, FlexBasic or FlexDirect customer, in two of the three months of January, February and March 2024, you must EITHER have received at least £500 into the account (excluding transfers in from other Nationwide accounts) and made at least two payments out of the account, OR have made at least 10 payments from the account.
If you’re FlexPlus, you must have paid, and continue to pay, the monthly account fee. If you’re FlexOne, FlexStudent or FlexGraduate, then you must have received at least one payment in or made one payment out of your account during March 2024.
You must ALSO have had savings OR a mortgage with Nationwide in March 2024. If it’s savings, you must have held at least £100 in total across one or more Nationwide personal savings accounts or cash ISAs at the end of any day in March 2024.
You must have owed at least £100 on a Nationwide residential mortgage on 31 March 2024. If you’ve withdrawn your savings or paid off your mortgage since the end of March, you’ll still qualify provided your current account remains open.
The money will be paid directly into your Nationwide current account between Thursday 13 June and Friday 28 June and will appear on your statement as ‘Nationwide Fairer Share Payment’.
