
Nationwide anticipates finishing payments by July 4th, having begun to pay its £100 Fairer Share bonus
We examine when and to whom it will be given.
The 100 was distributed by Nationwide to over four million people today, June 18.
The building society reported that it had processed 9997% of its 100 Fairer Share Payments by 12:30 p.m. this morning.
It was required that the payments be made between June 18 and July 4. By "early July," the remaining 10.03% of payments will be finished.
Since Nationwide is a member-owned mutual, it distributes a portion of its profits to qualified members, a practice known as the Fairer Share Payment. According to the building society, it "would like" to give out bonuses annually, but this is contingent on financial results.
Nationwide's retail director, Stephen Noakes, stated that the building society had made "excellent progress" in distributing the payment, saying: "We are happy to have been able to pay eligible members 100 for the third year in a row because Nationwide is in a strong financial position."
"We were able to return a total of 2 point 8 billion in value to members in the most recent fiscal year thanks to that strength and our mutuality.
BFIA has observed instances where Nationwide members receive text messages and app notifications alerting them to the payment's completion.
It says: "Happy Fairer Share Day! Good news - your 100 Fairer Share Payment is now in your current account" in the Nationwide mobile app.
Nationwide's 50 Thank You bonus, which was given out earlier this year, is not the same as the 100 payment.
"I'm a nationwide client.
Why can't I get the money? For the third year in a row, Nationwide has now made 100 Fairer Share Payments.
Although the building society has more than 17 million customers, over four million people have qualified for the bonus this year.
Of these, 16 million have a building society savings product, mortgage, or current account.
Approximately 25% of Nationwide members were therefore eligible for the payment in 2025.
You must have had a qualifying current account and a qualifying savings account or qualifying mortgage on March 31 and continue to have them as of right now in order to receive the payment. In a different article, we go over the eligibility requirements for the Nationwide Fairer Share Payment.
You can use a tool on the Nationwide website to see if you can receive the payment.
"The reward payment from Nationwide is intended for the more active members, as they need to meet specific requirements to be given the bonus," Rachel Springall, a finance expert at Moneyfactscompare . co . uk, told BFIA. It goes without saying that this will confuse long-time customers who might not have realized they needed to fulfill specific requirements.
"Despite this, Nationwide's initiative is still fantastic and relates to their shared philosophy of rewarding their members.
Customers who believe they have been wrongfully excluded should contact the building society, according to the organization.
In addition to announcing the third Fairer Share Payment in May 2025, Nationwide also introduced an online switch offer for 200 members only.
This implies that members who were willing to switch and did not have their primary current account with Nationwide on March 31 could receive £200.
Instructions for obtaining the Nationwide member-only online current account switch offer.
While this offer is only valid for a short period of time, current Nationwide members can receive £200 if they move their primary account to the Building Society.
It must have been March 31, 2025, when you were a qualifying member.
Making a complete online switch to an existing or new FlexPlus, FlexDirect, or FlexAccount will require you to use the Current Account Switch Service. This means that your previous current account will be closed.
During this process, you will also need to switch over at least two direct debits and finish the switch in 28 days.
Then, within the first 31 days of opening the account or applying to switch into the current one, you must pay in at least £1,000 and make one debit card payment.
There are additional limitations. For example, you can only receive the 200 if you are transferring into a joint or sole account that hasn't received a switch offer since 2021.
Go to the Nationwide Building Society website.
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