Nationwide has confirmed that it has already paid over four million eligible members £100 in a single day as part of its latest Fairer Share Payment rollout. The building society has set a deadline of June 30 to complete the remaining payments.
What Is the Fairer Share Payment?
The Fairer Share initiative rewards existing Nationwide customers with £100 payments for choosing to bank with Nationwide and meeting certain eligibility criteria. This year, approximately £440 million will be distributed to more than four million customers.
Eligibility Criteria
To qualify, you must have been a Nationwide member with a qualifying current account, as well as either qualifying savings or a qualifying mortgage, and meet usage rules before March 31, 2026. Specifically:
- You must have used your current account within the first three months of the year (January to March).
- You must have had at least £100 in savings with Nationwide at the end of any day in March 2026, or owed at least £100 on a Nationwide mortgage on March 31, 2026.
Nationwide stated: “You must be a member of Nationwide with a qualifying current account, plus either qualifying savings or a qualifying mortgage. And you need to have met these criteria when we last checked on 31 March this year.”
Payment Details
The £100 payment will be made between June 10 and June 30, 2026, and will only be paid into an open Nationwide current account. Full terms and conditions are available on the lender's website.
The payout is dependent on Nationwide's financial performance and subject to board approval, though it has been paid out for four consecutive annual cycles.
Nationwide's Statement
Stephen Noakes, Nationwide’s group retail director, said: “We’ve made strong progress with this year’s Fairer Share payment, surpassing four million payments on the first day. We’re pleased to be able to reward eligible members with £100 for the fourth consecutive year, reflecting Nationwide’s strong financial position.”
