Major bank expected to give £100 payments this year – here’s how you can get yours

A fairer share!

In recent years, Nationwide, the world's largest building society, has been giving out bonuses to its customers as part of its 'fairer share' scheme which sees millions paid out annually.

In the past three years, the building society has given out £100 lump sum payments and has said it wants to continue the initiative.

With this in mind, many people have been enviously seeing friends, family and colleagues all benefiting from their membership and have been subsequently making the switch too.

In the twelve months leading up to October 2025, Nationwide Building Society gained the highest number of customers switching to its current accounts.

In previous years, the scheme was unveiled in May with the money paid out in June.

However, there is a specific criteria members must meet to qualify for the payment, with the deadline being the end of the first quarter, 31 March.

For those wanting to get themselves a helping hand, the Money Saving Expert team, led by Martin Lewis, has recently shared how to "maximise your chances" of qualifying for the payment.

Nationwide's website reads: "We share our profits with our members' refers to our Fairer Share Payment.

"If you bank as well as save or have a mortgage with us, you could benefit from our Fairer Share Payments."

It continued: "Some members have received £300 in Fairer Share Payments since 2023. It's our intention to make a payment every year, but this will depend on how we perform financially. We may change the amount and the eligibility criteria based on that performance."

In 2025, roughly £400 million was shared amongst four million Nationwide members. The year before saw £385 million handed out to 3.85 million people.

While there are requirements, the bar is fairly low, with the qualifying expectation basically being to have a Nationwide bank account and to use it.

With a month until the end of March, it may still be possible for non-members to qualify by switching current accounts, however the key advice is to not close your Nationwide account if you have one.

MSE suggests using a current account before the key date and keeping it active until this date or beyond, and holding a minimum of £100 in a Nationwide savings account, or having a minimum of £100 outstanding on a Nationwide mortgage.

If the account sees enough use, then you could be in line for a payment - although this still remains speculation with the building society yet to 100% confirm payments this year.

For those of you already with Nationwide and actively using your accounts, sit back and relax.