Nationwide Confirms £100 Bonus Payments: Who’s Eligible and When You’ll Get It.
Nationwide Building Society has officially confirmed that millions of customers will soon receive a £100 bonus, marking the third wave of its Fairer Share payments scheme. The banking group is set to distribute £400 million in total, directly crediting four million eligible members with the bonus between June 18 and July 4, 2025.
This initiative is part of Nationwide’s ongoing commitment to share its profits with customers, offering them tangible rewards for their loyalty. To qualify, members must hold a Nationwide current account, along with either a savings account or a Nationwide mortgage.
Eligibility Criteria for the £100 Bonus
To be eligible, members must have met the following requirements by March 31, 2025:
Current Account Requirements
- Your current account must have been opened on or before March 31, 2025.
- Additional rules vary based on account type:
FlexOne, FlexStudent, or FlexGraduate
- You must have received at least one payment into or made one payment out of your account during March 2025.
- Transfers as part of the Current Account Switch Service between January 1 and March 31, 2025 do not count.
FlexAccount, FlexDirect, or FlexBasic
- In two of the three months of January, February, and March 2025, you must have either:
- Received £500 or more (excluding internal transfers), and made at least two outgoing payments, or
- Made at least ten outgoing payments in total.
- Again, switches using the Current Account Switch Service during the qualifying period do not count.
FlexPlus
- Simply pay the monthly fee for maintaining the account.
Savings and Mortgage Criteria
- Savings: You must have had at least £100 saved in your account on any single day in March 2025.
- Mortgage: You must have had at least £100 left to repay on your mortgage as of March 31, 2025.
Nationwide confirmed it will notify eligible members by May 30 via email or letter.
Record Profits and Member Rewards
This latest payout follows a record-breaking year for the society. Nationwide reported a 30% jump in pre-tax profits, reaching £2.3 billion for the year ending March 31, 2025—up from £1.8 billion the previous year. On an underlying basis, profits dipped slightly to £1.9 billion, with Nationwide attributing this to efforts to offer competitive interest rates.
In total, the society returned £2.8 billion to members in value—its highest amount ever—including a separate £50 bonus earlier this year after the acquisition of Virgin Money.
A Continuing Tradition
This is the third consecutive year of Fairer Share payouts:
- 2024: £385 million to 3.85 million members
- 2023: £340 million to 3.4 million members
Nationwide CEO Debbie Crosbie highlighted the society’s achievements, stating:
“Nationwide has had an outstanding twelve months. We returned a record £2.8 billion in value to our members and recorded our highest ever year for growth in mortgage lending and retail deposit balances, and we remain first for customer service.”
Conclusion
Nationwide’s Fairer Share scheme is more than just a financial bonus—it’s a reflection of the society’s commitment to rewarding loyalty and maintaining a strong, member-focused business model. With record profits and a transparent, fair eligibility system, Nationwide is showing what mutuality looks like in modern banking. These £100 bonuses not only offer financial relief but also build trust between members and their building society. At a time when many face rising living costs, initiatives like these serve as a reminder that customer-focused banking can still lead the way.
