Nationwide said it is offering customers 'a range of additional benefits'
Nationwide has issued an alert, as people could see more than a fifth of their Christmas expenses covered with a free cash boost from the financial provider. It comes as the world's largest building society, which has millions of customers in the UK, said 70% of people are more stressed or anxious about their financial situation this Christmas - compared to last year.
The costs, broken down, include £254 on presents, £137 on food, £108 on entertainment, such as Santa visits and Christmas Eve boxes, £105 on travel, £90 on alcohol, and £119 on "treating themselves", on average. Nationwide is currently offering certain people a £175 cash bonus - with the building society explaining that this would cover some 22% of the £813 figure.
However, certain transactions, such as gambling, may not count, so it's important to check the terms. Customers who have received a switching bonus from Nationwide since August 18, 2021, or those transferring between Nationwide accounts, are not eligible for this offer.
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