Latest news with #FairerSharePayment
The Herald Scotland
10-06-2025
- Business
- The Herald Scotland
Nationwide customers could earn free £759 boost due to deal
Now, it has launched a new Member Exclusive Bond offering a five per cent interest rate over 18 months. This could deliver returns of this amount on the maximum deposit of £10,000. The fixed-term account, available exclusively to existing Nationwide members, significantly outperforms current market savings rates. According to the best fixed-rate bond savings accounts up to one year currently offer interest rates of 4.45 per cent. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 Members can deposit between £1 and £10,000 into the account. Those investing the maximum amount would receive £759 in interest when the account matures after 18 months, making it one of the most competitive fixed-rate options available. This offering from the building society comes after Nationwide announced a new Fairer Share Payment, with more than four million eligible members set to receive £100 each. The payment is set to be distributed directly into members' Nationwide current accounts between June 18 and July 4, 2025. Recommended reading: To qualify for the payment, members must use Nationwide for their everyday banking whilst also holding a qualifying savings or mortgage product with the building society. The Fairer Share Payment forms part of £1billion in direct payments made to eligible members over the past year. Nationwide is also introducing a £200 member-only switching incentive as part of its enhanced benefits package.
Western Telegraph
31-05-2025
- Business
- Western Telegraph
Nationwide gives exact date for free £100 customer bonus
The high street bank returned a record £2.8 billion in value to members last year, including £1 billion in direct payments to eligible members. It also delivered £1.8 billion in better-than-average rates and incentives, with deposit rates over 30 per cent higher. Britain's biggest building society today announced outstanding full-year results with record growth in retail deposits and net mortgage lending, including help for more first-time buyers than any other lender in the UK. Statutory profit before tax rose to a record £2.3 billion, even after returning £1 billion directly back to members through last year's Fairer Share Payment and The Big Nationwide Thank You. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 Nationwide announced a new Fairer Share Payment today, with over four million members receiving £100 each. The payment goes to eligible members choosing Nationwide for their everyday banking, in addition to holding a qualifying savings or mortgage product. It will be paid directly into their Nationwide current account between 18 June and 4 July. It is also launching a market-leading 5% Member Exclusive Bond and a £200 member-only switching incentive. Debbie Crosbie, Nationwide's Chief Executive, said: 'Nationwide has had an outstanding twelve months. We returned a record £2.8 billion in value to our members and recorded our highest ever year for growth in mortgage lending and retail deposit balances, and we remain first for customer service.' Recommended reading: The Member Exclusive Bond is available from today to all 16 million existing members and can be opened in a branch, online or via the Banking App. Members saving the maximum £10,000 would receive £762.50 in interest after 18 months - over £150 more than they would receive over the same period in our next highest-rate bond (4% 1 Year Fixed Rate Bond). Members who didn't have their main current account with Nationwide on 31 March can benefit from a £200 Member Exclusive Current Account Online Switch Offer from today.
North Wales Chronicle
29-05-2025
- Business
- North Wales Chronicle
Nationwide gives exact date for free £100 customer bonus
The high street bank returned a record £2.8 billion in value to members last year, including £1 billion in direct payments to eligible members. It also delivered £1.8 billion in better-than-average rates and incentives, with deposit rates over 30 per cent higher. Britain's biggest building society today announced outstanding full-year results with record growth in retail deposits and net mortgage lending, including help for more first-time buyers than any other lender in the UK. Statutory profit before tax rose to a record £2.3 billion, even after returning £1 billion directly back to members through last year's Fairer Share Payment and The Big Nationwide Thank You. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 Nationwide announced a new Fairer Share Payment today, with over four million members receiving £100 each. The payment goes to eligible members choosing Nationwide for their everyday banking, in addition to holding a qualifying savings or mortgage product. It will be paid directly into their Nationwide current account between 18 June and 4 July. It is also launching a market-leading 5% Member Exclusive Bond and a £200 member-only switching incentive. Debbie Crosbie, Nationwide's Chief Executive, said: 'Nationwide has had an outstanding twelve months. We returned a record £2.8 billion in value to our members and recorded our highest ever year for growth in mortgage lending and retail deposit balances, and we remain first for customer service.' Recommended reading: The Member Exclusive Bond is available from today to all 16 million existing members and can be opened in a branch, online or via the Banking App. Members saving the maximum £10,000 would receive £762.50 in interest after 18 months - over £150 more than they would receive over the same period in our next highest-rate bond (4% 1 Year Fixed Rate Bond). Members who didn't have their main current account with Nationwide on 31 March can benefit from a £200 Member Exclusive Current Account Online Switch Offer from today.
Powys County Times
29-05-2025
- Business
- Powys County Times
Nationwide gives exact date for free £100 customer bonus
Nationwide has revealed the exact date that eligible customers will receive the free £100 bonus. The high street bank returned a record £2.8 billion in value to members last year, including £1 billion in direct payments to eligible members. It also delivered £1.8 billion in better-than-average rates and incentives, with deposit rates over 30 per cent higher. Britain's biggest building society today announced outstanding full-year results with record growth in retail deposits and net mortgage lending, including help for more first-time buyers than any other lender in the UK. Statutory profit before tax rose to a record £2.3 billion, even after returning £1 billion directly back to members through last year's Fairer Share Payment and The Big Nationwide Thank You. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 Nationwide announced a new Fairer Share Payment today, with over four million members receiving £100 each. The payment goes to eligible members choosing Nationwide for their everyday banking, in addition to holding a qualifying savings or mortgage product. It will be paid directly into their Nationwide current account between 18 June and 4 July. It is also launching a market-leading 5% Member Exclusive Bond and a £200 member-only switching incentive. Debbie Crosbie, Nationwide's Chief Executive, said: 'Nationwide has had an outstanding twelve months. We returned a record £2.8 billion in value to our members and recorded our highest ever year for growth in mortgage lending and retail deposit balances, and we remain first for customer service.' Recommended reading: The Member Exclusive Bond is available from today to all 16 million existing members and can be opened in a branch, online or via the Banking App. Members saving the maximum £10,000 would receive £762.50 in interest after 18 months - over £150 more than they would receive over the same period in our next highest-rate bond (4% 1 Year Fixed Rate Bond). Members who didn't have their main current account with Nationwide on 31 March can benefit from a £200 Member Exclusive Current Account Online Switch Offer from today.
Yahoo
29-05-2025
- Business
- Yahoo
Nationwide gives exact date when customers will receive free £100 bonus
Nationwide has revealed the exact date that eligible customers will receive the free £100 bonus. The high street bank returned a record £2.8 billion in value to members last year, including £1 billion in direct payments to eligible members. It also delivered £1.8 billion in better-than-average rates and incentives, with deposit rates over 30 per cent higher. Britain's biggest building society today announced outstanding full-year results with record growth in retail deposits and net mortgage lending, including help for more first-time buyers than any other lender in the UK. Statutory profit before tax rose to a record £2.3 billion, even after returning £1 billion directly back to members through last year's Fairer Share Payment and The Big Nationwide Thank You. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 Nationwide announced a new Fairer Share Payment today, with over four million members receiving £100 each. The payment goes to eligible members choosing Nationwide for their everyday banking, in addition to holding a qualifying savings or mortgage product. It will be paid directly into their Nationwide current account between 18 June and 4 July. It is also launching a market-leading 5% Member Exclusive Bond and a £200 member-only switching incentive. Debbie Crosbie, Nationwide's Chief Executive, said: 'Nationwide has had an outstanding twelve months. We returned a record £2.8 billion in value to our members and recorded our highest ever year for growth in mortgage lending and retail deposit balances, and we remain first for customer service.' Recommended reading: Nationwide customers issued key update on the £100 bonus payments Millions of workers could see £6,000 boost to pension pots under new plans Two Coronation Street legends set to quit show next week with a third teased The Member Exclusive Bond is available from today to all 16 million existing members and can be opened in a branch, online or via the Banking App. Members saving the maximum £10,000 would receive £762.50 in interest after 18 months - over £150 more than they would receive over the same period in our next highest-rate bond (4% 1 Year Fixed Rate Bond). Members who didn't have their main current account with Nationwide on 31 March can benefit from a £200 Member Exclusive Current Account Online Switch Offer from today.
