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Check Your Account as Nationwide Starts Paying £100 to Eligible Customers
Nationwide said the payout will total about £440 million and comes as the lender adds new savings and switching incentives for members.
- On Wednesday, June 10, Nationwide Building Society began distributing £100 'Fairer Share' payments to roughly 4.4 million eligible members, totaling £440 million in payouts.
- Nationwide introduced the annual 'Fairer Share' scheme in 2023 to share profits directly with members who maintain a 'deep relationship' through banking, savings, or mortgages.
- Chief Executive Dame Debbie Crosbie said 'more people than ever are choosing Nationwide,' citing record growth of over one million new current accounts opened in 12 months.
- To celebrate the payouts, the building society partnered with presenter Maya Jama to launch 'Fairer Share Drops,' a UK-wide treasure hunt featuring 100 vintage items priced from £5.
- While Nationwide aims to run the giveaway annually, the board stresses future payments are not guaranteed and depend on financial performance; Virgin Money customers are excluded this year.
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Leaning Left3Leaning Right1Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 30%
C 60%
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