**Nationwide Customers Await Announcement on Potential £100 ‘Fairer Share’ Bonus**
Millions of Nationwide customers are anxiously awaiting an impending decision that could see them pocketing an additional £100 this year, as the building society prepares to unveil whether it will reintroduce its widely-anticipated ‘Fairer Share’ bonus payment scheme. The decision, due later this week, has left savers and borrowers on tenterhooks, hoping for positive news that would reward their continued loyalty.
The Fairer Share scheme, first launched in 2023, is part of Nationwide’s commitment to its unique mutual business model, which prioritises distributing surplus profits to its members—those who bank with the society—rather than lining the pockets of external shareholders. This approach has long distinguished Nationwide from traditional high street banks, with the annual bonus increasingly viewed by many as a tangible benefit of membership.
The definitive announcement is expected on Thursday, 29 May, when Nationwide will release its annual financial results. At that time, the board will confirm whether members will once again receive the £100 windfall, detailing any changes to eligibility and the timeline for payouts. According to internal sources, updates could be issued as early as 7am, giving eager customers clarity for the months ahead.
Chief executive Debbie Crosbie previously hinted that Nationwide was in a strong financial position to repeat the Fairer Share payment, though she stressed that the final decision would be based on the society’s annual performance. This hints at robust internal discussions as the board weighs up both financial results and the broader impact of rewarding members at this time.
In 2024, the building society enjoyed substantial profits of £2 billion, enabling a £385 million distribution to 3.85 million qualifying customers. The majority of these bonus payments reached members between 13 and 28 June, suggesting a similar window could be on the cards for any potential payout this year. However, with more than 16 million Nationwide members across the UK, only a fraction—just under a quarter—currently meet the eligibility requirements, highlighting the exclusivity of the offer.
Last year’s criteria insisted that members hold a current account and either at least £100 in savings or a minimum mortgage balance of £100 as of 31 March. The rules also varied depending on the particular account or mortgage type held by each individual. Nationwide has indicated that details for 2025 could be adjusted, so prospective recipients are advised to watch for official guidance.
This potential payment follows hot on the heels of another significant gesture from Nationwide: earlier in 2025, the building society issued a separate ‘Big Nationwide Thank You’ bonus of £50 to around 12 million customers. That payment was positioned as a show of appreciation linked to the society’s £2.9 billion acquisition of Virgin Money, which was finalised in October. A total of £60 million was distributed as a result.
To qualify for the recent £50 payment, customers needed to hold an active account or mortgage as of last September and have made at least one transaction, or maintained a balance of at least £100 during the prior year. This highlights the broad scope of criteria Nationwide is willing to employ when determining bonus eligibility, cementing the importance of continued customer engagement.
For those keen to maximise their chances of qualifying for any future bonuses, Nationwide encourages customers to maintain active accounts and ensure they meet the specific terms to be set out in the coming announcement. The society’s approach reflects a broader trend of mutuals seeking to reward loyalty at a time when many households are feeling the pinch of the cost-of-living crisis.
With the stakes high and anticipation building, the coming days will be crucial for Nationwide’s vast membership. While the society remains tight-lipped until official figures are shared, most observers expect a decision that balances its tradition of member rewards with prudent financial stewardship—offering potential relief for customers who continue to back Britain’s biggest building society.