How to ensure you don't miss the upcoming Fairer Share payment: a nationwide and pound-100 bonus

For two years in a row, Nationwide Building Society has given qualified clients a £100 Fairer Share bonus

Here's how to confirm your eligibility for this payment, which is probably going to be made again.

Millions of consumers nationwide may receive a 100 Fairer Share payment in 2025.

Nationwide has gained popularity for offering its members an annual bonus of £100, even though it has a reputation for having some of the best savings accounts, including its 8 percent regular savings. For the past two years, the building society has paid eligible clients, though not all of them qualified.

Nationwide stated on March 3, 2025, that it hopes as many members as possible will be eligible for the reward in the future and that it will make the payment every year, "as long as it wouldn't be detrimental to the Society's financial strength and subject to Board approval."

Although there is no assurance, Debbie Crosbie, the CEO of the mutuals, stated that they were "well positioned" to pay qualifying customers again in the form of Fairer Shares by the end of 2024.

According to Current Account Switch Service data, between July and September 2024, nationwide experienced the largest net switching gains when compared to other providers.

During this time, the building society had 22,622 net switchers, Barclays 18,053, TSB 12,282, and Lloyds 10,018 in third and fourth place, respectively.

If the plan is implemented later this year, these new clients may wish to inquire about their eligibility for a Fairer Share payment.

What are payments for the Nationwide Fairer Share?

In recent years, Nationwide has paid out 100 Fairer Shares to eligible individuals as part of its profit-sharing program.

Over 700 million has been paid to customers by the building society since the program's inception in 2023.

In 2024, fewer than four million of the 16 million current members of the building society were eligible for Fairer Share.

A 200 Member Exclusive Current Account Online Switch Offer was made available in May 2024 to current members who, as of March 31, did not use Nationwide for their regular banking.

According to Nationwide, this would "put them in prime position to receive a Fairer Share payment in future years."

When are the payments for Nationwide Fairer Shares made public?

The building society has not yet confirmed whether a Fairer Share payment will be made in 2025, despite Nationwide having announced Fairer Share payments in May for the previous two years.

First, the plan was revealed on May 19, 2023. Customers who had unknowingly fulfilled qualifying requirements in March of that year received the payment.

Between June 13 and June 30, 2023, the funds were paid. 340 million members were distributed nationwide at the time through Fairer Share.

Payments for the second 100 Fairer Share Payment were made between June 13 and June 28, 2024, after Nationwide announced it on May 23.

In March 2024, customers had to have fulfilled the requirements for eligibility.

Members who had a qualifying savings or mortgage product and selected Nationwide for their daily banking received 385 million dollars from the building society in 2024.

How the Nationwide 100 bonus is obtained.

Customers must have either of the following in order to be eligible for a Fairer Share payment in 2024, though it is unknown if one will be made in 2025.