Nationwide fairer share £100 payout

torchie

I am surprised (and pleased) that my £100 payments have arrived. What is puzzling is that my wife and I each have a couple of dormant current accounts that we keep as burner accounts if needed and all the accounts have received the £100!

Flugelhorn

I'll check next week when I do the monthly accounts

JGB1955

trickydicky14 said:

OK, can someone tell exactly what you have to do to get this bonus just so I know for next year if it happens, thank you. I do have a current account and a regular saver with Nationwide.

Eligibility checker at Nationwide Fairer Share | Nationwide

Abbafan1972

Both my daughters have Nationwide accounts and both received a letter to say they would get the payment.

I will get them to check today to see if it's landed. 

boingy

trickydicky14 said:

OK, can someone tell exactly what you have to do to get this bonus just so I know for next year if it happens, thank you. I do have a current account and a regular saver with Nationwide.

The criteria might change for next year, but for your accounts this year the easiest way to qualify was to
have at least £100 in a savings account and in two of the first three months of 2024 transfer £500 into the current account and then transfer it back out again in two payments. You can do the payments by standing order so it all happens automatically. In my case I have accounts at other banks where I bounce money through the account to avoid a monthly fee or to gain a perk so I just added Nationwide my monthly money-go-round! I do more than the £500 and I do it every month to improve my chances of continuing to qualify if they adjust the criteria in future years. It's all a bit ridiculous but I guess it's just part of the game.

There were some other ways to qualify but I think the £500 in and 2x £250 out is the simplest.

steven141

I got mine too. 

Zanderman

torchie said:

I am surprised (and pleased) that my £100 payments have arrived. What is puzzling is that my wife and I each have a couple of dormant current accounts that we keep as burner accounts if needed and all the accounts have received the £100!

You mean that the £100 went (once) into your individual dormant accounts? A total of £100 each? Or that you got multiple payments?!

Mrs Z-man and I qualified via our joint FlexPlus account. I have, in addition to that, a dormant FlexAccount. Mrs Z-man doesn't have another Nwide account.

This morning my £100 has appeared in my FlexAccount. A second £100, presumably hers, went into our joint account. The implication being that, for some reason that makes sense only to Nwide, they're not paying the £100 into the qualifying account if there's an alternative. Odd. But only one £100 each, so not that odd!

flaneurs_lobster

Mine's in. 

Wetherspoons Beery Breakfast here I come!

Ayr_Rage

Received mine along with an email reminding me to vote in today's AGM.

Please do so as NW are giving £1 to charity if you do up to a maximum of £500,000.

torchie

We have received one payment into our joint current account and one payment into each of our dormant/burner accounts (two are mine and one is my wife’s), so this morning we are £400 up!