Nationwide customers are being urged to check their banking apps immediately, as four million people are set to receive a one-off payment. The £100 payment, part of the bank's Fairer Share scheme, is being distributed between June 10 and 30, 2026, and has brought joy to many recipients.
Eligibility Criteria
To qualify, customers must have been a member of Nationwide with a qualifying current account, plus either qualifying savings or a qualifying mortgage. The bank's website states: "You must have been a member of Nationwide with a qualifying current account, plus either qualifying savings or a qualifying mortgage." Eligible members will receive the £100 directly into their bank account.
Social Media Reactions
Many customers have taken to social media to express their delight. Grace, posting on TikTok as @gracecadby13, joked that before the payment arrived, she had only 67p left. After receiving the £100, she was thrilled to have some extra spending money. Others shared light-hearted comments about their plans for the cash. One user boasted: "Nationwide is paying for my takeaway this weekend." Another said: "I was happy, and then my mum said that’s the money I need to give it to her for rent … thanks mum." A third added: "Nationwide, what a diva, they've got loyalty for LIFE at this point." A fourth praised: "Got to love Nationwide. Another £100 from the Fairer Share. Anyone else getting the payment??? Hello, free monies!" And a fifth commented: "Happy Fairer Share day! A massive thank you to Nationwide. I wouldn't bank with anyone else!"
Not Everyone is Happy
However, some customers expressed disappointment. One man on X fumed: "I've banked with Nationwide for years. Various loans, a credit card, and savings accounts at various points, but because in recent years your rates weren't competitive enough, my loyalty to the bank was rewarded with no Fairer Share payment this year. Disappointed." Some had forgotten to move money into a Nationwide account to meet eligibility requirements, which are calculated in March.
Why Does Nationwide Share Money with Members?
Nationwide is a mutual building society, meaning it is owned by its members rather than external shareholders. Instead of paying dividends to investors, it shares a portion of its annual profits directly with eligible customers who use the society for their everyday banking. This Fairer Share scheme is designed to reward customer loyalty, but it is entirely dependent on the society's financial performance each year and is subject to Board approval. It is not a guaranteed annual right but a benefit provided when financial strength allows.
