Overview
- Nationwide will announce on May 29, alongside its full-year financial results, whether the Fairer Share bonus scheme will return for 2025.
- Last year’s scheme saw 3.85 million eligible members receive £100, with qualification requiring a current account plus an active savings account or mortgage holding at least £100.
- Approval for this year’s payout depends on the building society’s annual performance after it reported £1.77 billion in pre-tax profits for the year to April 2024.
- The announcement follows a separate £50 “Big Thank You” bonus paid in April to over 12 million members after the completion of the £2.9 billion Virgin Money acquisition.
- Some analysts, including Savings Guru founder James Blower, predict strong full-year results that could secure at least a £100 Fairer Share payment.