The building society is offering a 'Fairer Share Payment' to some of its members
Nationwide is set to reward its account holders with a £100 "Fairer Share Payment" bonus, although certain conditions apply. This comes as a welcome financial relief for many during a period of escalating living costs.
For instance, FlexPlus account holders are required to have paid the monthly fee. Those with FlexOne, FlexStudent, or FlexGraduate accounts need to have made at least one transaction in March, unless they switched their account between January and March 2024. However, investments like stocks and shares or accounts in another person's name do not count towards the bonus. Mortgage customers are eligible if they had a minimum of £100 outstanding on a residential mortgage with Nationwide as of March 31.
This means both account holders can qualify for the bonus if they meet the criteria. However, accounts managed under arrangements such as power of attorney will count toward the beneficiary's eligibility, not the manager's.
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