Make sure you get possible Nationwide Fairer Share bonus 2025

Section62

tg99 said:

Wonder if they may introduce a requirement for one or more direct debits……I may set up a couple just incase. 

I suspect this might be the thing they do if they want to reduce the number of eligible members.  The bottom line is none of us can be "sure" we will be eligible because going on past form the criteria won't be known until after the event* - the best we can do is to adopt a strategy to increase the chances we will be eligible. (*I don't expect that to change as they will probably adjust the criteria (if necessary) to keep the total number of £100 payments within the budget available, so they don't end up in a 'Hoover flights' situation)

soulsaver

For info: Actual 2024 terms:
Fairer Share Payment T&Cs | Nationwide

Nasqueron

pecunianonolet said:

You can always buy a banana or apple at a self checkout till at the supermarket of your choice and pay using the debit card and you have a proper transaction and a healthy snack too ;-)

Sainsbury's were clearing out the Christmas biscuit stock, the gingerbread "custard" creams were supposed to be 19p but scanned as 6p - less healthy, more fun!

I do bananas usually though

ChewyyBacca

soulsaver said:

For info: Actual 2024 terms:
Fairer Share Payment T&Cs | Nationwide

soulsaver When were the terms released in 2024?
 In time, to make changes or after the defined qualifying period?

WillPS

ChewyyBacca said:

soulsaver said:

For info: Actual 2024 terms:
Fairer Share Payment T&Cs | Nationwide

soulsaver When were the terms released in 2024?
 In time, to make changes or after the defined qualifying period?

No, they were announced on May 23rd: https://www.nationwidemediacentre.co.uk/news/nationwide-announces-new-benefits-as-it-reports-record-member-value

They did however send a communication out in February which suggested looking at the terms for the previous year's scheme, which many correctly read as a strong hint that jumping through the same hoops in 2024 would yield the same result.

trickydicky14

Nation Wide fairer share bonus.
Going by old T&C's listed above, if I paid in £500 to my current account and took it back out, would that count as one of my "payments out" as well as one in, T&C's say you need to make 2 payments out.
Secondly, would my Regular saver with currently 1k in it count as my savings part of the deal.
Thanks for any advice. 

WillPS

trickydicky14 said:

Nation Wide fairer share bonus.
Going by old T&C's listed above, if I paid in £500 to my current account and took it back out, would that count as one of my "payments out" as well as one in, T&C's say you need to make 2 payments out.
Secondly, would my Regular saver with currently 1k in it count as my savings part of the deal.
Thanks for any advice. 

Presuming static terms - yes, sending money to a non-Nationwide account counts as a payment. (Sending it back in 2 chunks would count as 2 as well).

Yes, in previous years any Nationwide savings counted, including their regular saver, member fixed terms etc etc

Bob2000

I missed out last year because l wasn't even aware  of it, joined the MSE forum in October, and picked up loads of information. 
Anyway, I'm currently  doing £550 into my flexaccount  for Jan, Feb, and March and basically  using my debit card for grocery  shopping with my RS and bond savings. Should l be OK?

Ballard

Could I ask what the definition of ‘payment’ is? I’ve been sending faster payments, but should I consider debit card payments too?

eskbanker

Ballard said:

Could I ask what the definition of ‘payment’ is? I’ve been sending faster payments, but should I consider debit card payments too?

The term is only defined negatively by what doesn't count, so I'd assume that either debit card or FP would qualify:

Any charges or interest, or adjustments made to your account balance do not count as payments into your current account or payments out of your current account.