Nationwide Building Society has announced that millions of its customers are poised to receive £100 bonus payments in 2026, continuing its popular Fairer Share scheme. The world's largest building society has distributed these lump sum payments annually since 2023, with plans to extend the initiative into the coming year, pending financial performance.
Understanding the Fairer Share Payment Scheme
The Fairer Share Payment is Nationwide's way of sharing profits with its members, rewarding those who bank, save, or hold a mortgage with the society. Over the past three years, eligible members have received up to £300 in total bonuses, with the scheme typically announced in May and payments made in June.
In 2025, an estimated £400 million was distributed to four million Nationwide members, while 2024 saw £385 million issued to 3.85 million households. Nationwide emphasises that the continuation of the scheme depends on its financial results, with potential adjustments to the amount and eligibility criteria based on performance.
Key Eligibility Criteria for the 2026 Bonus
To qualify for the £100 bonus, customers must meet specific requirements during the first quarter of the year, making early action crucial. According to Money Saving Expert (MSE), led by Martin Lewis, the following steps can help maximise your chances:
- Use your Nationwide current account actively before March 31, 2026, and keep it operational beyond this date.
- Maintain a minimum balance of £100 in a Nationwide savings account.
- Alternatively, hold at least £100 in outstanding mortgage debt with Nationwide.
For those not currently banking with Nationwide, switching accounts now could position you to benefit from the 2026 payment, assuming the criteria remain consistent with previous years.
Timeline and Historical Context
Historically, the Fairer Share scheme has followed a predictable pattern: announcements in May and distributions in June, with eligibility based on first-quarter account activity. This structure underscores the importance of proactive financial management early in the year.
Nationwide's commitment to profit-sharing reflects its mutual building society status, distinguishing it from traditional banks. As the society notes on its website, the Fairer Share Payment is intended to reward loyal members, though it cautions that payments are not guaranteed and may evolve with financial circumstances.
With the 2026 bonus on the horizon, customers are advised to review their accounts and consider the outlined steps to enhance their eligibility. Staying informed through official Nationwide channels and resources like MSE can provide further updates as the scheme develops.
