{"id":121510,"date":"2026-06-09T10:00:00","date_gmt":"2026-06-09T09:00:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=121510"},"modified":"2026-06-09T09:23:00","modified_gmt":"2026-06-09T08:23:00","slug":"nationwide-starts-100-payment-rollout","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/nationwide-starts-100-payment-rollout\/","title":{"rendered":"Nationwide Starts \u00a3100 Payment Rollout Tomorrow , Many Customers May Not Realise They Qualify"},"content":{"rendered":"\n<p>Millions of Nationwide Building Society members are set to receive a \u00a3100 payment from this week under the lender\u2019s <strong>Fairer Share scheme<\/strong>. The latest round of payments will begin on 10 June and is expected to benefit around 4.4 million eligible customers.<\/p>\n\n\n\n<p>The payment forms part of a programme launched in 2023 through which Nationwide shares part of its financial performance with members. According to Nationwide, the scheme will have returned around \u00a31.5 billion to members since its introduction.<\/p>\n\n\n\n<p>Nationwide has said that while it aims to make Fairer Share payments annually, future distributions are not guaranteed and remain subject to approval by its board. The latest payout, worth approximately<strong> \u00a3440 million in total<\/strong>, follows another year of growth in the building society\u2019s mortgage, savings and current account business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Who Qualifies for the \u00a3100 Payment?<\/strong><\/h2>\n\n\n\n<p>To receive the \u00a3100 Fairer Share payment, members must have met specific eligibility criteria by <strong>31 March 2026<\/strong>. According to Nationwide, customers generally needed to hold a qualifying current account alongside either qualifying savings or a qualifying mortgage.<\/p>\n\n\n\n<p>A qualifying savings relationship required members to have at least \u00a3100 in total across one or more personal savings accounts or cash ISAs with Nationwide at the end of any day during March 2026. For mortgage holders, eligibility required owing at least \u00a3100 on a Nationwide residential mortgage on 31 March 2026.<\/p>\n\n\n\n<p>The building society has also clarified that current <strong>accounts <\/strong>held with Clydesdale, including Virgin Money current accounts, do not count as qualifying current accounts for this year\u2019s payment.<\/p>\n\n\n\n<p>Customers who are unsure whether they meet the requirements can check the full terms and conditions on Nationwide\u2019s <a href=\"https:\/\/www.nationwide.co.uk\/about-us\/fairer-share\" target=\"_blank\" rel=\"noopener\">website<\/a>. According to reports, <strong>payments <\/strong>will start reaching eligible members from Wednesday, 10 June.<\/p>\n\n\n\n<p>Virgin Money customers who became Nationwide members following the transfer of the banking business are not included in this year\u2019s arrangements if their accounts do not meet the qualifying criteria. Nationwide has indicated that eligible Virgin Money accounts could be included in the 2027 Fairer Share scheme.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Hi thanks for getting in touch. We have attached below more information and the eligibility for the Fairer Share payment. <a href=\"https:\/\/t.co\/eRcx89Pfcv\">https:\/\/t.co\/eRcx89Pfcv<\/a> <br>Diane<\/p>&mdash; Nationwide (@AskNationwide) <a href=\"https:\/\/x.com\/AskNationwide\/status\/2063358913756508302?ref_src=twsrc%5Etfw\">June 6, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nationwide Highlights Growth in Customer Numbers<\/strong><\/h2>\n\n\n\n<p>The latest payment comes as Nationwide reports continued growth across several areas of its business. According to statements issued by the building society, more than one million<strong> <\/strong>current <a href=\"https:\/\/en.econostrum.info\/uk\/tesco-clubcard-holders-check-accounts\/\" data-type=\"post\" data-id=\"120237\">accounts <\/a>were opened during the past year.<\/p>\n\n\n\n<p>Nationwide said this growth was particularly strong among student banking customers and people switching their banking arrangements from other providers. The organisation also reported market-leading growth in <strong>mortgages<\/strong>, retail deposits and personal current accounts.<\/p>\n\n\n\n<p>Chief executive <a href=\"https:\/\/uk.linkedin.com\/in\/debbie-crosbie-nationwide\" target=\"_blank\" rel=\"noopener\">Debbie Crosbie<\/a> said: \u201cMore people than ever are choosing Nationwide.\u201d<\/p>\n\n\n\n<p>She added: \u201c<em>Our growth in mortgages, retail deposits and personal current accounts is leading the market, which means we can again make a Fairer Share payment to eligible members, and offer a new Member Exclusive Bond to all members<\/em>.\u201d<\/p>\n\n\n\n<p>Alongside the Fairer Share payment, Nationwide has announced a new <strong>member-exclusive bond<\/strong> paying 5 per cent AER for 15 months on balances of up to \u00a310,000. The building society is also continuing to offer a \u00a3175 switching incentive for customers who move their current account to Nationwide.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A major \u00a3100 payment is set to reach millions of Nationwide members from this week. Not everyone will qualify, though, and the criteria depend on the products customers held before a key date. Here&#8217;s what to check before the money starts arriving.<\/p>\n","protected":false},"author":4,"featured_media":121513,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-121510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/121510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=121510"}],"version-history":[{"count":2,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/121510\/revisions"}],"predecessor-version":[{"id":121514,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/121510\/revisions\/121514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/121513"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=121510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=121510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=121510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}