Nationwide urges customers to claim free £275 with simple steps

NATIONWIDE’S FAIRER SHARE BONUS MEANS CUSTOMERS COULD BE IN LINE FOR A COOL AND FREE £100 BONUS LATER THIS YEAR - IN A MAJOR COST OF LIVING BOOST. 08:00, 05 Feb 2025 Nationwide says

customers can get a free £275 by completing some simple steps. Nationwide’s Fairer Share bonus means customers could be in line for a cool and free £100 bonus later this year - in a major

Cost of Living boost. Its Fairer Share scheme to reward some 'loyal' customers has been running for two years. In previous years, the scheme has been announced in May and paid in

June, though whether you got it depended on if you met the qualifying criteria in the first three months of the year. In order to make sure you qualify, is that you need to have an open

Nationwide account on March 31, 2025 and you need to use your current account in at least two of the first three months of the year, meaning you pay in £500 and make two payments out of your

account. READ MORE COUNCIL TO FINE DRIVERS £200 OVER 4 RULES WHICH USED TO BE PUNISHED BY POLICE You need to have at least £100 in savings or £100 on your mortgage in March 2025, too. The

building society said: "At Nationwide we don't just have customers, we have members. And membership means sharing in our profits through the Nationwide Fairer Share Payment.

Article continues below "This year, we're sharing our profits with nearly 4 million of our members. The Fairer Share Payment is our way of rewarding those members who choose us for

their everyday banking as well as having savings or a mortgage with us." It comes at the same time the bank has a free £175 offer for those switching from another financial

institution. In a previous update last year before the bonuses were paid out, Nationwide said: "If you’re eligible, you can expect to receive the payment between 13 June and 28 June

2024. You don’t need to do anything. So long as you still have an open current account with us, we’ll transfer it straight to you. Should you only have a joint current account, this is where

we’ll make the payment."