The country's largest building society will pay out £340 million to customers' current accounts after reporting a 40 per cent leap in annual profit.
Chief executive Debbie Crosbie said:"We have delivered a strong financial performance by providing banking that is fairer, more rewarding and for the good of society. Our strongest financial performance means that we are able to launch the Nationwide Fairer Share Payment, as well as the Nationwide Fairer Share Bond - with a highly competitive interest rate on savings for our existing members.
"We can do this because we're a building society, not a bank, and our profit is reinvested for our members' benefit." Nationwide reported a pre-tax profit of £2.2 billion for the year to April 4, up from £1.6 billion the prior year.
In addition, it is required to have made a minimum of two payments each month in at least two of the three months mentioned. However, if you have switched into your account using the Current Account Switch Service between January 1 and March 31, 2023, these requirements do not apply to you. To be eligible for the £100 reward, FlexPlus account holders must continue paying the monthly account fee. As for those with a FlexOne, FlexStudent, or FlexGraduate account, it is necessary to have either received at least one payment or made one payment during the month of March 2023.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
DWP payment date changes as millions receive money earlyDWP payment date changes as millions of claimants receive money early
Consulte Mais informação »
PPE: Supplier of millions of 'not fit for use' gowns received £47m dividendsChemical Intelligence won £162m of government contracts to supply personal protective equipment.
Consulte Mais informação »
World’s first door-to-door poet coming to the Conti in BroadgateOn at the Conti on Bank Holiday Monday: Rowan McCabe’s latest show, Door-to-Door Poetry: Nationwide, charts his adventures around the country as a loveable eccentric EnjoyTheShowUK
Consulte Mais informação »
King Charles' Coronation hit with over 8,000 Ofcom complaintsKing Charles' Coronation proved popular with TV viewers - with millions tuning in to watch the historic occasion - but not everybody was enthralled with the coverage
Consulte Mais informação »
Glasgow-based whisky firm submit plans to build distillery in CampbeltownThe Glasgow-based independent whisky bottler and blender Brave New Spirits are planning to build Witchburn, a new net zero carbon production distillery close to Machrihanish.
Consulte Mais informação »
Glasgow-based whisky firm submits plans to build distillery in CampbeltownThe Glasgow-based independent whisky bottler and blender Brave New Spirits are planning to build Witchburn, a new net zero carbon production distillery close to Machrihanish.
Consulte Mais informação »