A major bank is giving out free £100 payments to millions of its customers. From today (June 13), Nationwide will begin to issue the one-off cash to around 3.4 million people who have an account with them.
The building society, which has 16.3 million customers worldwide, confirmed the new Fairer Share payment after it saw record profits of £2.2billion. The bank is set to pay out £340million in total directly into its customer accounts.
The amount of £100 is being issued between June 13 and June 30 and will appear on customer's bank statements as "Nationwide Fairer Share Payment". For those who are eligible, the cash will be paid automatically and you don't need to apply for it.
