Nationwide Fairer Share scheme explained as millions could get another £100 this week
Labour to increase tax on savings
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Four million customers will be eligible for the payment
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Millions of Nationwide customers could soon receive another £100 payment.
The building society is expected to confirm this week whether it will bring back its popular Fairer Share bonus scheme for a fourth year in a row.
Nationwide will announce full details on Thursday alongside its annual financial results, including whether the payment will go ahead and exactly who qualifies.
Last year, more than four million members shared £400million through the scheme after Nationwide reported record pre-tax profits of £2.3billion.
The year before, the building society paid out £385million to 3.85million customers.
The Fairer Share scheme is designed to reward members who use Nationwide for everyday banking, savings or borrowing.
In previous years, customers needed to have a qualifying current account along with either a mortgage or savings account with the mutual.
For savers, eligibility required at least £100 held across one or more personal savings accounts or cash ISAs by the end of March.
Millions of members will now be waiting to see whether the £100 payment returns again for 2026 and whether the qualifying rules change.
Mortgage customers faced a similar threshold, needing to have at least £100 remaining on their Nationwide residential home loan by the same deadline.

Millions of members will now be waiting to see whether the £100 payment returns
| GETTY / NATIONWIDEThe building society has indicated it plans to continue making annual payments provided its financial performance remains strong, though no guarantees exist for future distributions.
Exact qualifying conditions for this year's bonus may differ from previous iterations, with full details expected alongside Thursday's announcement.
Account holders faced varying requirements depending on their specific product type during last year's scheme.
Those with FlexOne, FlexStudent or FlexGraduate accounts needed to demonstrate activity by either receiving at least one payment or making one transaction during March.

Account holders faced varying requirements depending on their specific product type during last year's scheme
| NATIONWIDEFlexAccount, FlexDirect and FlexBasic customers faced stricter conditions, requiring £500 in deposits across two of the three months from January to March, plus either two payments out or a minimum of ten transactions from their current account.
FlexPlus members had the simplest route to qualification, needing only to have paid their £18 monthly fee.
Customers who completed a switch using the Current Account Switch Service between January and March were exempt from these activity requirements.
Former Virgin Money customers who became Nationwide members following this year's takeover will not be eligible for the bonus until 2026, meaning they must wait another year before potentially receiving any payment.

Based on previous years, payments typically arrive during June and July following the May announcement
| NATIONWIDE BUILDING SOCIETYShould the Fairer Share bonus be confirmed and members meet the criteria, funds will be deposited automatically into their Nationwide accounts without any action required.
Based on previous years, payments typically arrive during June and July following the May announcement.
Members have previously been notified of their £100 bonus through the Nationwide banking app, by post or via email, with the payment appearing on statements as "Nationwide Fairer Share Payment".
The bonus is classified as savings for tax purposes.










