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Chronicle Live
Chronicle Live
National
Catherine Furze

Millions of customers will be left out of Nationwide's £100 profit payout

Less than a quarter of Nationwide's 16m customers will get the £100 profits bonus announced by the building society last week, it has been revealed.

Millions of loyal Nationwide members will miss out on the windfall share of the building society's bumper profits because they do not qualify for a payout under its strict criteria.

On Friday, Nationwide revealed with great fanfare that it was handing out £100 payments so that members could share the spoils of its £340m bumper profits. But million will miss out if they only have one account with Nationwide..

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