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Wales Online
Wales Online
Ben Hurst

More than three million to start getting £100 direct payments

More than three million people will start to receive payments of £100 into their bank accounts from Tuesday. Nationwide has launched Nationwide Fairer Share – a new reward for its members “with the deepest relationships”.

A £340m pot will be distributed to eligible members holding a qualifying current account plus either a qualifying savings or mortgage product. Payments will be sent out automatically to account holders from June 13, assuming they held their qualifying products on March 31 2023.

Nationwide - which has 16.3m customers worldwide - will pay out £340m in total directly into customer accounts. The money is being paid between June 13 and June 30 and will appear on your bank statement as “Nationwide Fairer Share Payment”.

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