Millions of people who bank with Nationwide Building Society could be in line for a welcome £100 bonus payment next year. The potential windfall is part of the mutual's popular Fairer Share reward scheme, which has run annually since 2023.
What is the Fairer Share Scheme?
The Fairer Share scheme is Nationwide's way of rewarding members who choose to do the majority of their banking with the society. It is designed as both a thank you to existing customers and an incentive for new people to join and open accounts.
While the building society never officially confirms the scheme will run until a few weeks before payments are due, its success in recent years makes another round in 2026 highly likely. The decision is typically based on the society's financial performance over the preceding twelve months.
Who Qualifies for the £100 Payment?
Not every Nationwide customer will receive the bonus. To put yourself in the running, you must meet specific criteria, which usually has a deadline at the end of March. This means customers need to take action early in the new year.
The key requirement is that you hold a combination of accounts with Nationwide. You must have both a current account and either a qualifying savings account or a mortgage with the provider. This means existing current account holders can become eligible by opening a savings product, and vice versa.
It also presents an opportunity for new customers to join Nationwide before the spring deadline and meet the conditions. All accounts involved generally need to be 'active', meaning they have been used recently and are not dormant.
When and How Are Payments Made?
If the scheme goes ahead as expected, the £100 payments are usually issued each June. The money is paid directly into eligible members' accounts during the summer, as has been the pattern since the initiative launched.
The scheme underscores Nationwide's mutual status, where profits are returned to members in the form of competitive rates and bonuses like this, rather than to external shareholders.
For anyone interested in securing the potential bonus, the message is clear: check your existing Nationwide accounts and ensure you meet the qualifying mix before the March 2026 deadline passes.
