Nationwide Building Society has confirmed the next round of its Fairer Share payments, with £100 set to be sent to millions of eligible members. The announcement came alongside the society's latest financial results, which revealed profits of £2 billion.
Payment Dates and Eligibility
Approximately 4.4 million people will receive the payment automatically between June 10 and June 30, 2026. No application is required. This marks the fourth consecutive year Nationwide has issued Fairer Share bonuses.
To qualify, members must hold a qualifying Nationwide current account along with either a savings account or a mortgage with the society. Specific criteria vary by account type:
FlexAccount, FlexDirect, or FlexBasic Customers
You must have received at least £500 into your account in two of the three months (January, February, March 2026) and made at least two payments out. Alternatively, making at least ten payments out in two of those months also qualifies. If neither condition is met, switching to Nationwide via the Current Account Switch Service between January and March 2026 will qualify you.
FlexOne, FlexStudent, or FlexGraduate Customers
You need to have received at least one payment in or made one payment out during March 2026. Again, a switch to Nationwide between January and March 2026 also qualifies.
FlexPlus Customers
Simply paying the £18 monthly fee ensures eligibility for the £100 bonus.
Savings and Mortgage Customers
For savings accounts, you must have had at least £100 saved at the end of any day in March 2026. Mortgage customers need to have had at least £100 remaining on their mortgage by the end of March 2026.
Tax Implications
The payment is treated as savings interest for tax purposes. However, you can earn up to £1,000 in savings interest per tax year before paying tax.
Dame Debbie Crosbie, Nationwide's Chief Executive, said: "More people than ever are choosing Nationwide. Our growth in mortgages, retail deposits and personal current accounts is leading the market, which means we can again make a Fairer Share payment to eligible members, and offer a new Member Exclusive Bond to all members."
Last year, Nationwide paid out £400 million to over four million customers. Since the scheme began in 2023, the building society has distributed £1.5 billion in total.
