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Nationwide to Distribute £100 Fairer Share Bonus to Over 4 Million Customers

Banks have rolled out switching deals worth up to £310 in a bid to attract current account customers

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Overview

  • Between June 18 and July 4 Nationwide will deposit £100 into the current accounts of more than four million members under its third annual Fairer Share scheme
  • Eligible customers must have held a Nationwide current account plus at least £100 in savings or a mortgage balance of £100 or more as of March 31, 2025
  • The Fairer Share payments total approximately £410 million and will only be paid into open Nationwide current accounts
  • Santander, First Direct, TSB and The Co-operative Bank are offering new customer switching incentives ranging from £100 up to £310, including cash bonuses and vouchers
  • Nationwide is also running a limited-time £200 switching bonus for existing members who move their main account to a FlexDirect, FlexPlus or FlexAccount and meet deposit and direct debit requirements