Nationwide Fairer Share Payment 2024

changearound1

Switch offer T&Cs here: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/current-accounts/resources/p4258-member-exclusive-online-switch-offer.pdf?rev=28a70092eb6d438e98d89c02e5d6de26&hash=5A7D6CD78F9F9BDCD5838ABCC4BB8117

I can't see any exclusion clause for those who qualify for the £100 FSP. Anybody who has received a Nationwide switch incentive since 18 Aug 2021 is excluded.

Dewpoint

jackjones01 said:

Nationwide’s Board will decide on whether we can make a payment for 2024. That will depend on how well we have performed financially. The Board will make that assessment – and confirm this year’s eligibility criteria - after the financial year ends in April.

Look out for an announcement on 23 May 2024. https://www.nationwide.co.uk/about-us/fairer-share/

Notified today: 23/5/24.

£100 coming to those eligible.

I've been a NW account holder since the mid-90's and always had great service from them. So I don't understand why people scramble for banking bribes and all the hassle it entails, when you can have the best of both worlds from Nationwide.😀👍

TheElectricCow

Ah good to see I'm still one of Nationwide's most highly valued members despite having done nothing but extract money from them over the past two years

Dewpoint said: So I don't understand why people scramble for banking bribes and all the hassle it entails, when you can have the best of both worlds from Nationwide.😀👍

No reason someone couldn't have both, this is MSE after all

Lightning360

Dewpoint said:

jackjones01 said:

Nationwide’s Board will decide on whether we can make a payment for 2024. That will depend on how well we have performed financially. The Board will make that assessment – and confirm this year’s eligibility criteria - after the financial year ends in April.

Look out for an announcement on 23 May 2024. https://www.nationwide.co.uk/about-us/fairer-share/

Notified today: 23/5/24.

£100 coming to those eligible.

I've been a NW account holder since the mid-90's and always had great service from them. So I don't understand why people scramble for banking bribes and all the hassle it entails, when you can have the best of both worlds from Nationwide.😀👍

Because switching isn't really a hassle and Nationwide is one of the 2 banks/building societies I've actually had a problem with

subjecttocontract

Zanderman said:

There's also this bond:

Nationwide is launching a highly competitive Member Exclusive Bond offering a rate of 5.5 per cent AER/gross (fixed) for 18 months and available to all 16 million existing members. Max deposit 10k .

And also a switch offer:

For existing members (as at 31 March) who currently do not use Nationwide for their everyday banking, Nationwide is offering a £200 Member Exclusive Current Account Online Switch Offer.

The Member Exclusive Bond looks a good place to deposit £10K. Can't beat that 5.5% offer anywhere else.

GalacticaActual

Just checked the Nationwide app and the £100 from us to you message appeared.
When I tapped on Find out more, it opened a webpage* to confirm I am eligible 😊

* https://www.nationwide.co.uk/about-us/fairer-share/eligible/

steven141

Same here I’m eligible as well for £100. 

Bazzalona13295

Bridlington1 said:

You can check if you'll be getting the payment if you use the chat in online banking. I've just done so and once again I've qualified for the £100 for having money in a regular saver with them (8% this time) and regularly bouncing money through my Nationwide current account on its way to other regular savers. 

Same here, made sure I was filtering money in and out, so hopefully I'll be ok.

Nebulous2

I've met the criteria this time, unlike last, but I'm not getting a message in the app! 

Edit: I just checked on the chat and I'm eligible. Very straightforward it was pre-populated and confirmed in a few clicks. 

boingy

Dewpoint said:

. So I don't understand why people scramble for banking bribes and all the hassle it entails, 

Because switching earned me £2000 in 2023 with just a bit of time and no hassle at all. That's 20 years of Fairer Share payments and you can do the Fairer Share payments too. At least Nationwide seem to have kept the criteria the same this year. I half-expected them to tweak the rules just because they could.