Based on last year's criteria, MSE advises customers to be active with their current accounts in the first three months of this year, though specific requirements depend on the type of account.
This is part of the building society’s Fairer Share Payment scheme, which saw eligible customers with current accounts receive the bonus last summer.
However, Birmingham Live reported that 12 million customers missed the £100 payment last year due to Nationwide’s strict eligibility criteria.
Experts from Martin Lewis’ Money Saving Expert (MSE) recommend that members hoping to qualify for potential bonuses this year keep their current accounts open until at least March 31.
In June last year, Nationwide distributed £385 million among 3.85 million members in the second Fairer Share Payment.
