Eligibility is tightly drawn and depends on customers holding qualifying products
Nationwide customers report surprise £300 in their bank accounts(Image: In Pictures via Getty Images)
Nationwide Building Society customers are reporting £300 has entered their bank account, but not everyone has seen the money arrive.
Those that have received the significant chunk of change did so under the lenders Fairer Share Payments.
This is a money reward aimed at loyal members who both save and borrow with the mutual.
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Up to £300 per person is available, though eligibility is tightly drawn and depends on customers holding qualifying products such as a current account alongside savings or a mortgage.
The building society has stressed that payments are not guaranteed and depend entirely on its financial performance.
Nationwide stated: “Some members have received £300 in Fairer Share Payments since 2023.
“It’s our intention to make a payment every year, but this will depend on how we perform financially.”
This means that customers shouldn’t rely on the payment as they depend on economic conditions.
Indeed, Nationwide has not yet confirmed whether another payout will be made this year.
However, members keen to maximise their chances are being urged to ensure they meet the eligibility rules.
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