Millions of customers are due to miss out on Nationwide's £100 payout - here's who's eligible and when you can expect the money
The building society delighted many of its members when it revealed on Friday that it will pay the sum after its profits soared to £2.2bn, a jump of some 40%.It will be paid out under the "Fairer Share" scheme which it hopes to make annually, provided the bank is financially capable.
She told MailOnline: "A £100 payout in the future is not guaranteed. By comparison, a number of banks offer switching incentives of up to £200 for new current account customers, for which you would not have to wait."
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