Nationwide Issues 7-Day Update On £100 Bonus Payments – What You Need To Know

Millions of Nationwide bank customers are set to receive a £100 bonus as part of the Fairer Share initiative. The bonus, which will be paid into Nationwide current accounts from June 18, 2025, is part of the building society’s efforts to share its financial success with its members.

This £100 payment will benefit over four million customers, offering financial relief in challenging times. Here’s everything you need to know about Nationwide’s £100 bonus, including eligibility requirements, the payment timeline, and how to ensure you receive it.

What is the Nationwide £100 Bonus Payment?

The £100 bonus payment is part of the Fairer Share scheme, which Nationwide launched in 2023. The initiative is designed to reward its members who hold a current account, qualifying savings account, or a mortgage with the building society.

This payment is a one-time bonus, which will be paid directly into Nationwide current accounts starting from June 18, 2025. The payments will continue until July 4, 2025, and customers who qualify will receive £100 into their accounts.

This bonus payment is the third year in a row Nationwide has distributed £100 to its members as part of the Fairer Share program, showcasing the building society’s commitment to sharing its profits with its customers.

Who Will Receive the £100 Bonus?

To be eligible for the £100 bonus payment, customers must meet the following criteria:

Eligibility Criteria	Details
Nationwide Membership	Must be a current account holder with Nationwide.
Qualifying Account	Must have either a qualifying savings account or a mortgage with Nationwide.
Communication	Eligible customers should have received a letter or email notifying them about the bonus.
Account Type	Payment will only be made into an open Nationwide current account.

If you meet these conditions, you will automatically qualify for the £100 bonus. There is no need to apply for the payment, and the funds will be deposited directly into your current account.

When Will the £100 Bonus Be Paid?

The £100 bonus payments will begin arriving in eligible Nationwide current accounts from June 18, 2025. Nationwide has confirmed that the last of the payments will be made by July 4, 2025, so qualifying customers should check their accounts during this period.

It’s important to note that the Fairer Share scheme is not guaranteed to run every year. The decision to distribute the bonus depends on the building society’s financial performance.

Therefore, while £100 bonus payments are confirmed for this year, future payouts will depend on Nationwide’s profitability.

How to Ensure You Receive the £100 Bonus Payment

To make sure you receive your £100 bonus on time, follow these steps:

Confirm Your Eligibility: Ensure that you are a Nationwide current account holder and that you have either a qualifying savings account or mortgage with the bank.
Update Your Details: If you’ve recently moved or changed your contact details, make sure they are up to date with Nationwide to avoid missing out on the bonus.
Look Out for Communication: Nationwide will send a letter or email to qualifying customers. Ensure you read this correspondence carefully to confirm that you are eligible.
Check Your Account: Payments will be made directly into your current account. If you have Direct Deposit set up, the funds will arrive automatically.

How Much Will You Get?

The £100 bonus is a flat rate payment, meaning that eligible customers will receive exactly £100. This is regardless of the size of your savings or mortgage, as long as you meet the eligibility criteria outlined above.

However, the bonus is only available for those who hold a Nationwide current account, so ensure your account is open and active to avoid missing out.

Is This Payment Guaranteed Every Year?

While the £100 bonus has been distributed for the third year in a row, the Fairer Share scheme is not guaranteed annually. Nationwide has made it clear that the continuation of the program will depend on the society’s financial performance.

If Nationwide’s financial health continues to improve, the Fairer Share scheme may continue into future years. However, if the building society faces financial difficulties, the bonus may be scaled back or halted altogether.

What Should You Do if You Don’t Receive the £100 Bonus?

If you meet all the eligibility criteria but do not receive your £100 bonus by July 4, 2025, here’s what you can do:

Check Your Account: Ensure your Nationwide current account is open and active. If it’s closed or inactive, you will not receive the payment.
Verify Contact Information: Confirm that your contact details (address and email) are up to date with Nationwide to avoid missing important notifications.
Contact Nationwide: If you believe you should have received the bonus and haven’t, reach out to Nationwide’s customer support for further assistance.

The £100 bonus provided by Nationwide as part of its Fairer Share scheme is a generous reward for qualifying customers. As Nationwide’s biggest cash giveaway of the year, this initiative helps thousands of customers cope with the increasing cost of living.

If you are a Nationwide customer with a current account and a qualifying savings account or mortgage, you could be one of the millions of people to receive this £100 payment by July 4, 2025. Remember, the bonus is not guaranteed every year, so enjoy the relief while it lasts.

FAQs

What is the £100 bonus payment from Nationwide?

The £100 bonus is a payment made to qualifying Nationwide current account customers as part of the Fairer Share scheme. It’s designed to provide financial relief.

Who is eligible for the £100 bonus payment?

To be eligible, you must hold a Nationwide current account, and either a qualifying savings account or a mortgage with Nationwide. You should have received a notification from Nationwide confirming your eligibility.

When will I receive the £100 bonus payment?

The bonus payments will start on June 18, 2025, and continue until July 4, 2025. Make sure your current account is active to receive the payment.