Millions of Nationwide customers are set to receive a £100 payment as part of the building society's Fairer Share scheme. The latest payout, totalling around £440 million, will benefit approximately 4.4 million eligible members from June 10.
Since its launch in 2023, Nationwide has returned about £1.5 billion to members through the scheme. The society aims to make the payment annually, but it is not guaranteed and requires board approval based on financial performance.
To qualify for the 2026 payment, members must hold a qualifying current account with Nationwide, plus either qualifying savings or a qualifying mortgage. Savings eligibility requires at least £100 in personal savings accounts or cash Isas at any point in March 2026. For mortgages, members must owe at least £100 on their Nationwide residential mortgage as of March 31, 2026.
Current accounts with Clydesdale or Virgin Money are not considered qualifying accounts. However, Virgin Money customers who became Nationwide members through the transfer may be eligible for the 2027 payment, which will include qualifying Virgin Money accounts.
In addition to the Fairer Share payment, Nationwide is offering a new 5% member-exclusive bond for 15 months on balances up to £10,000, and a £175 switching incentive for customers moving their current account to Nationwide.
