Nationwide customers finally get £100 payout and you only need to match two criteria

Nationwide has announced it will give £100 to around 4.4 million eligible customers in June 2026 through its 'Fairer Share' scheme. Payments will start from 10 June to 30 June and are designed to reward loyal members who use Nationwide for everyday banking.

It's for customers who have a savings account or mortgage with the society, with it being the fourth year Nationwide has made the payment.

Since the money scheme began in 2023, the building society will have returned about £1.5 billion to members and Nationwide says the payments reflect the benefits of being a mutual organisation, instead of a straight-up bank, where profits are shared with customers rather than shareholders.

Dame Debbie Crosbie, Nationwide’s Chief Executive, said: “More people than ever are choosing Nationwide.

“Our growth in mortgages, retail deposits and personal current accounts is leading the market, which means we can again make a Fairer Share payment to eligible members, and offer a new Member Exclusive Bond to all members.”

Who is eligible?

More than four million people are eligible to receive £100 each (Getty Stock Images)

To get the 2026 Fairer Share payment from Nationwide Building Society, you must have a Nationwide current account and either £100 or more in Nationwide savings or a cash ISA, or a Nationwide mortgage with at least £100 owed.

You needed to have met these rules on 31 March 2026.

As reported by MoneySavingExpert, if you had a FlexAccount, FlexBasic or FlexDirect account, you qualified if you did one of these:

Option A

In at least two months out of January, February, and March 2026:

• Pay in at least £500 from another bank and make at least two payments out

Example:

• January: £500 salary transfer in and two card payments
• March: £500 transfer in and two Direct Debits

You could be £100 better off (Getty Stock Images)

Option B

In at least two of those three months, make:

• 10 or more outgoing payments

These could be things like:

• debit card purchases
• Direct Debits
• bank transfers

(Exact qualifying payment types weren’t fully confirmed by Nationwide.)

Option C

Switch your main bank account to Nationwide using the Current Account Switch Service between 1 January and 31 March 2026

Virgin Money current accounts do not count for the 2026 payment, but eligible Virgin Money customers may be included from 2027 onwards.

If you qualify, Nationwide will automatically pay you £100 in June 2026.

Check the qualifying criteria for each current account on the full terms and conditions.

Nationwide introduces two new offers

Nationwide says you need to have met these criteria when we last checked on 31 March this year (Getty Stock Images)

Member Exclusive Bond

• A five percent fixed-rate Member Exclusive Bond for 15 months on balances up to £10,000.
• Available to Nationwide and Virgin Money customers who are members of Nationwide only – https://www.nationwide.co.uk/fairershareannouncement

Switching bonus

• A £175 switching bonus will be for customers moving their current account from another bank to Nationwide.
• Switches must be from a non-Nationwide and non-Virgin Money current account.
• Switching appointments are available in participating branches.
• Offer can be withdrawn at any time.