Millions of Nationwide customers to receive £100 free cash from TODAY – will you get it?
Loyal customers who've saved or borrowed with the beloved building society are set to be given payouts through a rewards scheme just for them.
2
2
This Fairer Share scheme has been run by the building society in previous years.
And this year the payments will go into effect on Wednesday, June 18 - meaning today is the day those eligible are set to get the free money.
Nationwide confirmed the payments would be made through Friday, July 4.
While around four million Nationwide customers will benefit from the scheme, not everyone is eligible.
To qualify, customers will need to have opened a current account with Nationwide on or before March 31, 2025.
They must also have at least £100 in savings, or have owed £100 or more on a mortgage by that same March deadline.
Customers also need to have used their account between January 1 and March 31 this year.
A total of about £410 million is estimated to be paid out.
And if you missed out on this year's deadline, you may be eligable for the free cash next year as the building society has run the Fairer Share scheme three years in a row.
However, there is no guarantee Nationwide will run the scheme again.
Popular bank with over 400 spots confirms it is shutting 18 branches in August – it follows 148 closures by rivals
In 2024, Nationwide paid out £385 million to 3.85 million people as part of the scheme.
The bank also recently offered exclusive access to a top savings account rate for its customers.
What other banking perks can you get?
Existing customers with Nationwide can also get a free £200 bonus if they switch a non-Nationwide current account into a new or existing FlexDirect account.
You'll also get 5% interest on current account balances up to £1,500 for a year.
Meanwhile Santander is giving out £180 free cash to those who switch to its Edge account.
Plus there's a linked savings account that pays 6% interest on up to £4,000 for the first year.
Where to find the best savings rates
Many savings accounts offer miserly rates meaning that money is generating little or no return.
However, there are ways to get your cash working hard. Sun Savers Editor Lana Clements explains how to make sure you money is getting the best interest rate.
Easy access savings accounts offer flexibility for customers, meaning they can dip in and out of cash when needed. However, the caveat is that rates can change at any time.
If you're keeping your money in an easy access account, you'll need to keep checking whether it's the best paying account for your circumstances and move if not.
Check in at least once a month to see what is happening in the market.
Check what is offered by your bank - sometimes the best rates are for customers only.
But do search the wider market as often top savings accounts are offered by lesser known providers.
Comparison sites are a good place to check for the top rates. Try Moneyfactscompare.co.uk or Moneysupermarket.
You can search by different account type. You'll usually get a better interest rate if you can lock your money away for a fixed amount of time, but it's always a good idea to keep some money in an easy access account in case of emergencies.
Don't overlook regular savings accounts often pay some of the best rates, but you'll need to commit to monthly payments. This can be a great way to get into a savings habit while earning top rates at the same time.
First Direct is giving away £175 to people who switch to its 1st Account.
You just need to open an account and set up at least two direct debits or standing orders within 45 days.
You will also need to pay in £1,000 and make five debit card payments within the same timeframe.
TSB is handing out £100 cash but £15 a month in cashback for six months to those who switch to its Spend and Save account.
Plus, you can get either £120 credit towards a hotel booking via Expedia's Travel Credits website or 12 months of activity tickets with the National Activities Network.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
29 minutes ago
- The Sun
Stacey Solomon marks huge six-figure achievement as she adds to her incredible £7million fortune
STACEY Solomon's new business venture is booming - adding to her whopping £7million fortune. The Loose Women panelist and mum-of-five announced a major new career move in 2023, and told fans: "I'm starting a whole new chapter in my life." 5 5 5 All-woman founded haircare brand REHAB captured Stacey 's attention years ago - but she told how she had taken the surprise decision to become part of the team. The Sort Your Life Out anchor, 35, invested her own cash into small haircare brand REHAB, owning a third of the firm in doing so. Now sources have told MailOnline the all-female business has reached a six figure milestone which has seen them "making millions" in the sector. Stacey, along with business partners Anastasia and Vicky, is also seeing their popularity "expanding." REHAB has also been hailed the fastest-growing beauty brand on the FEBE 100 list for 2025, in yet another boost for the trio. The collection has now expanded into bodycare products as well as haircare as it expands its offering further. Its Instagram page now reads: "It's time to REHAB. Your hair and body." Stacey first revealed her latest career project in a lengthy message on social media. At the time, she gushed to fans: "I can't put into words how incredible it feels to say that I am going to start a whole new chapter in my life championing incredible women in business. "I see so many talented people day in day out working so hard to achieve their dreams and it's not easy out there. Stacey Solomon hits back at cruel troll who branded her a 'horse mouth' "I can't wait to give my absolute all to Rehab and take it to the places it deserves to be." REHAB was founded by two female best friends who say they were "trying to keep up with multiple jobs, children, and their London based social lives". Describing themselves on REHAB's website, they said: "Busy women with a single mission - transform tired hair to its full healthy, glossy potential." Stacey presents BBC's Sort Your Life Out as well as being a panellist on Loose Women. Stacey Solomon's career so far Stacey Solomon has been a familiar face on viewers' screens for over a decade. Let's take a look back at her career. The X Factor (2009): Stacey competed in series six of long-running ITV singing competition The X Factor. During her time in the show, she was mentored by Danni Minogue in the 'Girls' category. The star finished in third place, behind Joe McElderry and Olly Murs. I'm A Celebrity Get Me Out Of Here (2010); In late 2010, Stacey headed to the infamous I'm A Celeb Aussie jungle. After 21 days, she triumphed to win the tenth series. It was through I'm A Celeb that she met future husband Joe Swash - who'd won two years earlier and was hosting the ITV2 spinoff. Celebrity Juice (2011―2013, 2016―2019): The star appeared as a panellist on 21 episodes of the comedy panel game show hosted by Keith Lemon. Stacey was a regular in the 21st series, broadcast in 2019. Loose Women (2016 - present): Stacey has been a permanent panel member of the daytime show since 2016. She previously made guest appearances in 2011 and 2012. Sort Your Life Out (2022 -present): This BBC show sees Stacey, with the help of an expert team, transform participants' living spaces after removing clutter. CASHING IN Back in April, The Sun exclusively revealed the X Factor alum was raking in £57K a month. Her performing arts firm, Key Maps Entertainments, which funnels all of her earnings, has filed new accounts which lay bare just how rich Stacey really is. The figures mean that Stacey is taking home a tidy £8,270 a DAY. Stacey first set up the firm in 2012 in order to disclose all her financial earnings. In 2014, it was reported that she had banked a more modest £100,000 over the previous two years. The ITV and BBC darling managed to achieve the major figure largely thanks to her TV endeavours including her NTA-winning show Sort Your Life Out as well as her brand new reality show with her husband Joe Swash. But being on the small screen isn't the only way she's has topped up her bank balance. Stacey has helped to improve her massive fortune thanks to countless brand and endorsement deals. She has worked alongside Asda, Jet2, In The Style and Primark in order to keep her earnings rising year on year. 5 5
Telegraph
32 minutes ago
- Telegraph
Angela Rayner slashes right-to-buy discounts in ‘attack on aspiration'
Discounts for council tenants seeking to buy their homes are to be drastically cut by Angela Rayner. As a result of the move, which will impose stringent restrictions on the right-to-buy scheme, the Deputy Prime Minister was accused of an 'attack on aspiration'. Under the new scheme, the discount will be cut to between five and 15 per cent, depending on how long the tenant has lived there, down from 35 per cent at present. Ms Rayner also announced that tenants must have lived in a council house for 10 years – up from the current three – to be able to qualify. People who have previously benefitted from the scheme will be barred from trying again, and newly built council houses will be exempt from the right to buy for 35 years. Kevin Hollinrake, shadow housing secretary, called Ms Rayner a 'hypocrite' as she had benefitted from right to buy herself. In 2007, Ms Rayner bought her former council house in Stockport, Greater Manchester, for £79,000 after claiming a 25 per cent discount. She later sold the property for £48,500 more than she paid for it. 'Today, Labour has chosen to quietly bury bad news, slipping out a policy that slashes right-to-buy eligibility and discounts,' Mr Hollinrake said. 'This is nothing short of an attack on aspiration. Labour is turning its back on the very families who work hard and want a stake in their future.' He added: 'For decades, right to buy has helped millions take their first step onto the housing ladder. Now, this Government is making it harder than ever to own a home. It is increasingly clear that the only guaranteed route to housing in this country is to arrive on a small boat. 'And the hypocrisy is staggering, Angela Rayner has personally benefitted from right to buy. Yet under her party's watch, that opportunity is being stripped away from others. Labour's message to aspiring homeowners is clear.' Right to Buy was the totemic policy of Margaret Thatcher in 1979, helping to propel her to her first general election victory. Sir Keir Starmer promised wholesale reform to restrict access, saying it had too dramatically refused the number of social houses available to people who needed them. Ms Rayner's Ministry of Housing, Communities and Local Government department announced the changes on Wednesday night, saying it would bring forward legislation to increase the eligibility requirement from three to 10 years. The department said this would allow councils to rebuild their stock and to better ensure that only tenants who have paid rent on their homes for many years are able to benefit from the scheme. The changes will prevent existing property owners, or those who have previously benefitted from the scheme, from exercising the right to buy unless there are exceptional circumstances, such as being the victim of domestic abuse. Newly built social and affordable housing will be exempt from the right to buy for 35 years, making it more financially viable for the council to build new homes. This is much higher than the 10 or 20 years envisioned in a recent consultation document. Labour promised at the last election to build 1.5 million more homes over the course of the Parliament. It says many of these will be social and affordable homes.
The Independent
39 minutes ago
- The Independent
Currys reveals stronger profits amid boost from ‘resilient' UK shoppers
Currys has reported stronger sales and profits for the past year as it hailed 'resilient' demand from UK shoppers. The technology retailer said slower inflation and falling interest rates helped support sales from shoppers in the UK. The London company also resumed dividend payments following the upbeat update to shareholders. Group sales grew by 3% to £8.7 billion for the year to May 3, driven by 6% growth in the UK. The retailer, which runs 708 stores, said its UK business benefited from growth in its iD Mobile business, as well as positive computing sales, with 'AI technology sales building momentum'. Meanwhile, sales dropped 2% in its Nordics region, where it said profitability was knocked by 'tough' market conditions. The company said it has traded in line with expectations over the past two months but is 'facing into several headwinds' in the new financial year, including cost increases linked to the Government budget, cost inflation and currency weakness. Alex Baldock, group chief executive, said: 'Currys' performance continues to strengthen and the business has real momentum. 'A stronger Currys is good for colleagues, customers, shareholders and society, and we're doing a better job for all of them. 'We're pleased with our progress, but even more excited about the opportunities ahead of us.' Meanwhile, the group also revealed a 37% increase in adjusted pre-tax profits to £162 million for the year. It also announced a dividend of 1.5p per share for the year after suspending dividend payments in 2023 amid efforts to turn around its Nordics operation.
