Nationwide customers across the UK are being advised to take immediate action to secure their eligibility for a potential £100 bonus payment later this year. The building society has consistently issued these Fairer Share Bonus payments to millions of its members for the past three consecutive years, creating a significant financial incentive for account holders.
Maximising Your Chance for the Cash
While Nationwide has not yet officially confirmed whether it will continue the Fairer Share Bonus scheme this year, historical patterns suggest it is a strong possibility. Customers who wish to be prepared should review and potentially adjust their account activities now to meet the qualifying criteria used in previous years.
Previous Qualification Requirements
In prior years, eligibility for the £100 bonus required customers to hold a qualifying current account alongside either a savings account or a mortgage with Nationwide. For savings accounts, a minimum balance of £100 was necessary. Mortgage customers needed to have at least £100 remaining on their loan balance by the end of March.
Specific current account types had additional conditions:
- FlexOne, FlexStudent, or FlexGraduate accounts: Customers needed to have at least one incoming or outgoing payment during the month of March. This requirement was waived for those who completed a Current Account Switch Service transfer between January and March.
- FlexAccount, FlexDirect, or FlexBasic accounts: Customers had to receive £500 in their account in two out of the three months from January to March. Additionally, they needed to make either at least two payments out or a minimum of ten payments from their current account. Again, switching accounts via the Current Account Switch Service during this period exempted customers from these conditions.
- FlexPlus accounts: Simply paying the £18 monthly fee was sufficient to qualify for the bonus.
Timing and Historical Context
Last year, Nationwide announced the Fairer Share Bonus as part of its annual results in May, with payments being distributed to eligible accounts in June and July. The building society disbursed a total of £400 million to four million customers, following a record statutory profit before tax of £2.3 billion.
It is crucial to note that Nationwide has not disclosed any details about the 2026 bonus scheme, including whether it will proceed or if the qualification criteria will remain unchanged. However, proactive customers can use the historical guidelines as a reference to position themselves favourably.
By understanding these past requirements and adjusting account activities accordingly, Nationwide members can enhance their chances of receiving the £100 bonus should the building society decide to continue its popular Fairer Share initiative this year.
