Nationwide recently reported its strongest financial results on record and said that a £340million pot will be distributed to eligible members from this week. Some 3.4million customers are set to receive the £100 payment between Tuesday June 13 and 30, 2023 - something that the building society said was the first of its kind for the group.
The ‘strong financial performance’ has allowed it to launch the Nationwide Fairer Share Payment where members holding a qualifying current account plus either a qualifying savings or mortgage product will receive £100 automatically into their current account. To be eligible people need to have held their qualifying products on March 31, 2023.
Members of the Daily Record Money Saving Facebook group first shared that Nationwide had started to inform eligible members about the payment last month and that you can check on the Nationwide app if you are due to receive the payment.