There are certain conditions in place for the bonus to be paid
Nationwide is offering a £100 bonus to holders of certain accounts, with specific terms attached. In light of the growing financial pressure from climbing costs and the cost-of-living crisis, this additional sum can be a substantial boon for many.
The FlexAccount, FlexDirect or FlexBasic are also eligible under certain conditions. One of these requirements must be met, reports the Mirror. A qualifying mortgage means you must have owed the banking society at least £100 on your residential mortgage on March 31. It does not include a mortgage with one of the bank's subsidiaries such as The Mortgage Works plc, UCB Home Loans Corporation Limited, Derbyshire Home Loans Limited, or E-Mex Home Funding Limited.
"For example, if you hold both a qualifying current account and a qualifying mortgage jointly with someone else, you will both be eligible to receive the payment. Similarly, qualifying savings will take account of the whole of any savings and cash ISA balances you hold in your sole name and those you hold jointly."
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