Nationwide Provides Update on Potential Bonus Payment for Members
Nationwide Provides Update on Potential Bonus Payment for Members

Nationwide Building Society has issued an update regarding its Fairer Share bonus scheme, which has seen millions of customers receive £100 payments over the past three years. The mutual society distributes profits to eligible members through the programme.

A Nationwide spokesperson confirmed that the society aims to make a Fairer Share payment again this year, subject to financial performance and board approval. Any announcement regarding eligibility criteria and the payment amount will be made on 21 May, alongside the society's end-of-year financial results.

Last year, more than four million customers received the £100 bonus. To qualify, members needed to hold a qualifying current account with Nationwide, along with either a qualifying savings account or a mortgage. Specific account activity between January and March was also required. Payments were deposited into current accounts between 18 June and 4 July, appearing on statements as 'Nationwide Fairer Share Payment'.

Rachel Springall, finance expert at Moneyfactscompare.co.uk, noted that while Nationwide has consistently offered the payment for three years, it ultimately depends on the mutual's performance. She advised members to check eligibility criteria moving forward.

Separately, Nationwide recently ended a £175 switching incentive in March 2026, but Springall suggested another switching offer could emerge, noting that a £200 offer was available from late May to mid-July 2025. Current switching incentives from other banks include Barclays (£200), HMRC (£500), Santander (£180), and First Direct (£175).