Anyone bank with Nationwide. Check your inbox!

Yeah I got this email the other day, very nice.
I’ve been with them for 25+ years. I personally think they are one of the best on the high street and online.
 
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Disappointing :(

Have a current account (flex plus) and a small loan with them and did not get the email. Used to have my mortgage with them and also savings account.

Not sure how I feel to be honest. Maybe time to switch my current account and get the ££ being advertised.
 
My wife has the email, so that’s nice.

She has current account (flex or whatever it’s called), a saving account t or two and an unused credit card.

She doesn’t have a premium account and our mortgage is elsewhere.
 
Yip, got the email too.

Whilst £100 is nice, it's nowhere near enough to make up for their truly awful and irritating TV adverts over the last few years :D
 
Damn I closed my Nationwide current account last year because I had too many and didn't use it so even if I still had it I still wouldn't get nout. :(

Also had some old legacy savings account which was transferred from some other building society Nationwide had swallowed up some years ago.
 
jpaul said:
their CEO was grilled today on r4Today as to why they haven't increased interest rate on basic savings account, she squirmed around.
- they made record profits, thanks Liz

e: Only £2Bn profit up 40% https://www.bbc.co.uk/sounds/play/m001lyxs 1:23
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Which basic savings account? I've got several and they've regularly upped the interest rates on them throughout the past 12 months. My lowest is 2.5% which whilst being below the base rate certainly isn't the lowest on the market. I think the best instant access is around 3.7%?

They last increased them 1st of May so they'll no doubt go up again after the recent rate hike. They're certainly not alone in deserving criticism.

There are still some banks out there paying out less than 1% interest...
 
My wife and I both got letters today (joint account and mortgage) so I guess we're both going to get the £100. At this rate we'll be able to pay the energy bill for a month :p
 
For mortgage holders without a NW current account like me and some others posted on here, can't we just open a basic current account quickly so the money can be paid in or am I missing something? If a joint mortgage then it's £200 and not £100 so probably worth doing.
 
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Slackworth said:
Which is? :p

The terms of the cashback are on the mortgage itself. The T&C state a current account must be available on the day of payment but that's still around 10-14 days away.
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Your Nationwide Fairer Share Payment
We’re delighted to confirm we will be giving you £100. This is because when we last checked on 31 March

You'd have to retrospectively go back in time
 
Mrs didn't get an email but she had a message on her online account. Both got letters today as well.
 
rhobbyh said:
we've had a mortgage with them for about 15 years but no current account so nada for us
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Similar here. Mortgage with Nationwide starting 2006.

I assumed that I didn't get the £100 because I started over-paying my mortgage 6 months ago and so they don't like me any more :p Seems to make sense now that you also need a current account with them. My current account is with Santander.
 
Pawnless Endgame said:
Similar here. Mortgage with Nationwide starting 2006.

I assumed that I didn't get the £100 because I started over-paying my mortgage 6 months ago and so they don't like me any more :p Seems to make sense now that you also need a current account with them. My current account is with Santander.
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And it needs to be utilised - haven't touched my NW Current Acc since they stopped the 5% on balances up to £2k. Used to cycle £500 through each month and keep it at 2.5k for ages.
 
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