Millions of Nationwide Building Society customers are poised to receive a welcome £100 cash bonus this summer, as the lender's popular reward scheme is expected to run for a fourth consecutive year.
What is the Nationwide Fairer Share Payment?
The Nationwide Fairer Share scheme is an annual initiative designed to reward members who conduct the majority of their banking with the mutual society. Since its launch in 2023, the programme has distributed hundreds of millions of pounds to loyal customers.
To qualify for the £100 payment, members must hold a Nationwide current account alongside either a qualifying savings product or a mortgage with the society. The building society uses a snapshot of accounts, typically requiring these products to be active and in good standing.
The Crucial Deadline and Payment Timeline
Prospective recipients must ensure they meet all conditions by a critical cut-off point. Customers usually have until March 31 to secure their eligibility for the annual bonus.
While Nationwide has not yet officially confirmed the scheme for 2026, financial experts and historical precedent suggest it is highly likely to proceed. The society traditionally makes its announcement in May, with payments following swiftly in June.
In 2025, the mutual paid out a staggering £400 million to four million members. The previous year saw £385 million shared among 3.85 million people, demonstrating the scheme's significant scale.
How to Maximise Your Chances
With the eligibility window closing at the end of March, now is the ideal time for members to review their arrangements. Money Saving Expert advises customers to "maximise your chances" by ensuring they hold the required combination of accounts.
The scheme underscores Nationwide's mutual status, returning profits directly to its members rather than external shareholders. For those who qualify, the £100 payment is automatic and does not require an application, landing directly in their nominated account.
Although not guaranteed, the consistent pattern of payments over the past three years offers strong encouragement for members to check their eligibility ahead of the spring deadline.
