Nationwide Customers Urged to Move Money Before Wednesday Deadline
Nationwide Building Society customers are being advised to take immediate action before Wednesday to ensure they qualify for a £100 loyalty bonus. The building society typically distributes an annual Fairer Share payment each summer to eligible members, but the cut-off point for eligibility is usually March 31.
This means that Nationwide members could miss out on the £100 bonus payments if they do not take necessary steps by Tuesday, March 31. The Fairer Share payments are generally paid out in June each year, making this a critical time for customers to review their accounts.
Eligibility Criteria for the £100 Bonus
To qualify for the bonus, members must have a current account with Nationwide as well as either a savings account or a mortgage. Additionally, they must ensure there is at least £100 in the savings account. Customers may need to move money to top up their savings accounts to meet this requirement.
Spending money on older current accounts that have been inactive, such as making purchases in shops, could also help people become eligible. This proactive approach can maximize chances of receiving the bonus.
Expert Advice on Maximizing Chances
Money Saving Expert has highlighted the importance of acting now. "For the past three years Nationwide has given some existing customers a £100 'Fairer Share' bonus," they stated. "It's likely, though not guaranteed, to do the same again this year."
They added, "Previously, the scheme has been announced in May and paid in June, though whether you got it depended on what you did in January, February and/or March – so right now is likely your last opportunity to maximize your chances." While January and February have passed, customers may still qualify by meeting certain conditions by the end of this month.
Nationwide customers should review their account statuses and consider moving funds or activating dormant accounts to secure the bonus. Failure to act by the deadline could result in missing out on this financial incentive.
