Nationwide Building Society has confirmed that a decision on the next round of its Fairer Share Payment, which could see eligible members receive £100, will be announced on 29 May as part of its full-year results. The mutual society previously paid £100 to four million members in 2024.
A Nationwide spokesperson stated: "Nationwide's Board will decide on a Fairer Share payment for 2025 and it will depend on our financial performance. The decision will be announced as part of our full year results May 29."
Qualification for the 2024 payment required holding a current account, savings account, or mortgage with Nationwide and meeting specific criteria. The society describes the payment as a way to reward members who choose Nationwide for everyday banking and also hold savings or a mortgage.
In a separate move, Nationwide recently paid £50 to millions of members as a thank-you following its acquisition of Virgin Money. To be eligible, customers must have been members as of 30 September 2024 and still be members when the payment is made, and meet one of several qualifying criteria, such as holding a current account with a direct debit, making mortgage payments, or completing a switch using the Current Account Switch Service between 1 July and 30 September 2024.
Payments are expected by 30 April, either deposited into a current or savings account or sent by cheque, which must be cashed by 1 January 2026. Nationwide confirmed that cheques can be paid into another current account as long as it is in the member's name.
