Overview
- Between June 18 and July 4, Nationwide will credit £100 to each of more than four million eligible current account holders under its Fairer Share Payment
- By the first day of distribution on June 18, 99.97% of qualifying members had received the payment
- Eligibility requires a current account opened by March 31, 2025, plus either a qualifying savings balance of at least £100 or a mortgage with a balance of £100 or more and account activity between January 1 and March 31
- The Fairer Share scheme marks the third consecutive year of £100 payments and follows a £50 thank-you bonus to over 12 million customers after the Virgin Money acquisition
- Nationwide reported a 30% rise in pre-tax profits to £2.3 billion and returned a record £2.8 billion to members last year, with additional perks including a 5% member bond and a £200 switching bonus