The rules are fairly comprehensive, and aim to reward the most loyal customers who have both a current account and a savings or mortgage account with the building society.
It announced: “As a modern mutual we are able to share some of our profits with members who bank and borrow or who bank and save with us. We will do this by making a one-off payment of £100 to those who qualify. We have called this the Nationwide Fairer Share Payment.”
A qualifying current account is one that was open on March 31. This includes FlexPlus—provided the monthly fee is duly paid—the FlexOne, FlexStudent or FlexGraduate accounts, but only if at least one transaction was recorded in March.
The FlexAccount, FlexDirect or FlexBasic are also eligible under certain conditions. One of these requirements must be met.
Either in two of the three months of January, February and March 2024 you received at least £500 in your current account or made at least two payments out of your current account.
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Or, in two of those three months…
