Major bank set to give customers £100 bonus – here’s who and when

A helping hand!

As part of the their 'Fairer Share' scheme, 4.4 million customers will receive a split of £440m after the company announced profits of £2bn.

It comes after they paid £400m out last year to four million customers.

That's right, Nationwide's 'Fairer Share' scheme is back and paying out a handy £100 to customers.

Who will be eligible?

Three groups of customers will be eligible for the £100 bonus.

Those with:

• A Nationwide current account
• A Nationwide savings account
• A Nationwide mortgage

There are a few extra caveats too.

For those banking with Nationwide, they must have had an open Nationwide current account on 31 March 2026 and must have used it in the first three months of the year.

Nationwide will be given out a £100 bonus to millions. Getty.

The exact criteria depends on which current account you have:

FlexAccount, FlexBasic or FlexDirect:

EITHER... In two of the first three months of this year, pay IN at least £500 from a non-Nationwide account AND make two payments OUT* of your account;

OR... In two of the first three months of the year, make 10+ payments OUT* of your account;

OR... Between 1 January and 31 March 2026, complete a full current account switch from another provider to Nationwide.

FlexOne, FlexGraduate or FlexStudent:

EITHER... In March 2026, make a payment IN from a non-Nationwide account OR make a payment OUT* of your account;

OR... Complete a full current account switch to Nationwide FlexOne or FlexStudent (not FlexGraduate) between 1 January and 31 March 2026.

FlexPlus packaged account: Just pay the monthly fee.

For those with savings and mortgage accounts, you just need to have £100 in savings or owed at least £100 on a mortgage with Nationwide on 31 March 2026.

Those who are not eligible

Not everyone will be eligible for the bonus, notably with customers of Virgin Money, who were taken over by Nationwide in April, not receiving the £100.

Nationwide says these customers "could be eligible for a Fairer Share payment in 2027, which will include qualifying Virgin Money accounts".

As always future payments are dependent on the building society's financial performance.