The Nationwide £100 (3 Viewers)

[napolimp]

Just received an email from Nationwide stating they will be depositing £100 in each of their members accounts. Appears that they have had a very good year profits wise. Good timing as both me and my wife are "members", will help pay for the new season ticket. May be worth checking if you have an account you don't use very often, or have forgotten about, and you don't get emails from Nationwide.

 

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[Sky Blue Pete]

Just received an email from Nationwide stating they will be depositing £100 in each of their members accounts. Appears that they have had a very good year profits wise. Good timing as both me and my wife are "members", will help pay for the new season ticket. May be worth checking if you have an account you don't use very often, or have forgotten about, and you don't get emails from Nationwide.

We’ve got 5 accounts kids are pleased

 

[Otis]

Yup,

Myself, my missus, her two daughters and my daughter, all with Nationwide, all getting the £100.

 

[Otis]

I suppose others could try and sign up to get it, but it's season ticket holders first and then loyalty points.

 

[Brighton Sky Blue]

Going into our joint account. Not even 10% of a monthly mortgage payment but even so

 

[Evo1883]

Just have to have an account ? I'm with nationwide

 

[Deleted member 5849]

Just have to have an account ? I'm with nationwide

Needs to be your main current account, and you have another product such as a savings account apparently.

 

[Evo1883]

Needs to be your main current account, and you have another product such as a savings account apparently.

What about an account and a loan

It's my main account yes

 

[Deleted member 5849]

What about an account and a loan

Guess that's a product!

 

[Deleted member 5849]

What about an account and a loan

It's my main account yes

Details here anyway

Nationwide to pay £340m of profits directly into customers’ accounts

The first comes as jump in deposits and interest rates drives earnings up 40% to record highs

www.theguardian.com

To be eligible, members must use Nationwide as their main current account and have one other product – either a savings account or a mortgage – with a minimum £100 balance.

also here Who qualifies for Nationwide’s £100 reward? Everything you need to know

 

[Ian1779]

Will this include a random ISA I’ve not put money in for 12 years?

EDIT: Guess not then

 

[Evo1883]

Details here anyway

Nationwide to pay £340m of profits directly into customers’ accounts

The first comes as jump in deposits and interest rates drives earnings up 40% to record highs

www.theguardian.com

To be eligible, members must use Nationwide as their main current account and have one other product – either a savings account or a mortgage – with a minimum £100 balance.

also here Who qualifies for Nationwide’s £100 reward? Everything you need to know

I won't get it then

 

[Nuskyblue]

I get £100, yay!!

So does my ex, booo.

 

[SkyBlueSoul]

Doesn’t look like I’ll get it. Have had a current account for 15 years but barely used it for the last 5, and a credit card I use fairly often but that doesn’t count.

 

[Mr Panda]

Happy days. Going straight into my investments

 

[dutchman]

This looks to me like nothing more than a bribe to persuade non-members to move their current a/c and savings or mortgage a/c to Nationwide.

In my opinion all existing paid-up members should benefit from any profit made by a society.

By the way I'm not a member myself although I do hold their credit card and am often addressed as one in correspondence.

 

[Otis]

This looks to me like nothing more than a bribe to persuade non-members to move their current a/c and savings or mortgage a/c to Nationwide.

In my opinion all existing paid-up members should benefit from any profit made by a society.

By the way I'm not a member myself although I do hold their credit card and am often addressed as one in correspondence.

I am a man of great honesty and integrity....... but who doesn't like a bribe?

 

[Deleted member 5849]

This looks to me like nothing more than a bribe to persuade non-members to move their current a/c and savings or mortgage a/c to Nationwide

You had to have your account at the end of March.

 

[dutchman]

You had to have your account at the end of March.

I know but there will now be a flood of new accounts opened in the hope of cashing in on future payments.

 

[dutchman]

Three-quarters of existing members will get nothing...

Fears millions of Nationwide customers will miss out on £100 windfall payment

Millions of Nationwide customers are set to miss out on £100 windfall payouts.

www.lbc.co.uk

I bet the directors award themselves record bonuses though?

 

[napolimp]

This scheme is back again this year: -

Nationwide Fairer Share | Nationwide

Find out more about the Nationwide Fairer Share Payment, including who’s eligible

www.nationwide.co.uk

You'll receive £100 in your account between the 13th and 28th of June, if you're eligible.

 

[SkyBlueSoul]

Well that's annoying, ineligible again. Should have learned from last year.

 

[Mr Panda]

Got it last year but I'm an idiot for not having a smidge in their saver.

Am trying the £200 existing customer switch offer though, despite having received the incentive a couple of years back.

 

[dutchman]

Millions of Nationwide customers will miss out on bonus for second consecutive year due to strict criteria

The building society is handing out £100 Fairer Share payments for the second year running

www.gbnews.com

Nationwide customers across the country are set to miss out on a £100 bonus due to the building society's strict conditions.

Just 3.85 million out of its 16 million customers, roughly 24 per cent, are eligible for the bonus £100 Fairer Share payment.

However, the scheme, which is running for the second year, has a complicated set of criteria.

In order to access the bonus, you must have paid at least £500 into a Nationwide current account for two of the first three months of the year and made two payments out.

You also need to have held £100 in a Nationwide savings account or have owed at least £100 on a mortgage at the end of March.

 

[Otis]

Well that's annoying, ineligible again. Should have learned from last year.

I was eligible last year but not this.
Did have £100 in my savings, but only from April and nothing in there in March.

 

[Brighton Sky Blue]

Got a mortgage with them and the wife has had accounts with them for years, so we’re getting two payments.

 

[stay_up_skyblues]

Im eligible again. Might hold onto it until December and treat the family to three days of central hearing.

 

[napolimp]

Im eligible again. Might hold onto it until December and treat the family to three days of central hearing.

I know it's tongue in cheek, but hasn't the price cap just dropped to £1500?

 

[dutchman]

The price cap may have dropped but the amount you actually pay might not.

Octopus just raised my direct debit from £140 to £160 a month.

 

[stay_up_skyblues]

The price cap may have dropped but the amount you actually pay might not.

Octopus just raised my direct debit from £140 to £160 a month.

Ours is £275 a month and that barely makes a dent in the debt but I refuse to go up to their proposed £350 and remain hopeful the price drop and summer months see it come down.

I do have a plug in hybrid and three kids in device heavy bedrooms. Plus I work from home. But our bill still seems colossal in comparison to anyone I speak to. This is with Octopus on their cheap after midnight tarrif.

 

[wingy]

My tariff is about £8-9..higher per month than it was before all this started, I do sympathise with all those getting stung, I do use very little though!

 

[napolimp]

My tariff is about £8-9..higher per month than it was before all this started, I do sympathise with all those getting stung, I do use very little though!

Our you a single person household? I think we spent 1200 on gas+elec over the last year.

 

[wingy]

Our you a single person household? I think we spent 1200 on gas+elec over the last year.

Yeah, about £650 for me.

 

[dutchman]

Nationwide is still sending me updates addressed to a former tenant. I have to assume the latest one is about the bonus as I have been returning them unopened for nearly two years now.