We’ve got something important we’d like to share. Our profits.
Published on: 19 May 2023
We’re giving back to our members
Today we are proud to announce our financial results. As we're a building society, and not a bank, we're able to reinvest our profits for our members' benefit.
We want to build on the existing value and benefits that our members receive – supporting them in a way others can't.
Introducing The Nationwide Fairer Share
Today we’re launching two elements of The Nationwide Fairer Share:
The Nationwide Fairer Share Payment will see us return £340m directly back to eligible members. In June we'll give £100 to members who had a qualifying current account plus either qualifying savings or a qualifying mortgage with us on the 31 March. They won't need to do a thing other than make sure they have an open Nationwide current account when we make the payment.
Nationwide Fairer Share Bond is exclusively for existing members who were a member on the 18 May 2023 and are still a member when they apply. It offers a rate of 4.75% AER/gross a year (fixed) for 2 years and will only be available for a limited time. And can be opened through the Internet Bank, in our Banking app or in branch.
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