These Nationwide customers may get extra £100 next month

These Nationwide customers may get extra £100 next month Newspoint | 12/05/2025 22:39:16

Nationwide is expected to dish out its latest round of £100 bonuses to eligible members next month. The world's largest building society has given out these "Fairer Share" payments to millions of members over the past two years.

While 2025 bonuses are yet to be confirmed, Nationwide said earlier this year it hoped to be able to hand out the money again. And in February ' Money Saving Expert (MSE) team explained who it thought had the best chances of getting the cash.

In previous years announcements confirming the Fairer Share bonuses have been made in May, with the money then landing in accounts in June. In 2024 Nationwide confirmed it would share "our profits with nearly 4 million of our members", adding: "The Fairer Share Payment is our way of rewarding those members who choose us for their everyday banking as well as having savings or a mortgage with us."

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At that time, Nationwide outlined the criteria for eligibility, stating members would need "need a qualifying current account plus either qualifying savings or a qualifying mortgage. And they would have needed to meet this criteria when we last checked on 31 March 2024."

Most members who received the 2024 bonus were paid between June 13 and June 28 last year. To increase your chances of bagging the bonus this year, MSE said in February it would be a good idea to your account in good standing until at least March 31 and to make sure the account was actively used during the first three months of this year.

Eligibility varies based on the type of account you hold. For those with a FlexAccount, FlexBasic, FlexDirect, you need to deposit at least £500 in two of the first three months of 2025 and make two payments from your account, or you'll need to make 10 or more payments from your account over this same period.

MSE said this second method was used as criteria in 2024 but not in 2023. MSE further explained: "For those with a FlexPlus packaged account: Just paying the fee counts. For those with a FlexOne, FlexGraduate, FlexStudent account: Make a payment IN or OUT of your account in March 2025. Payments can include debit card transactions, Direct Debits, bank transfers and standing orders (but not transfers to other Nationwide accounts you have)."

In addition to these steps, you'll also need to have at least £100 in savings, or owe at least £100 on a mortgage with Nationwide, in March 2025, according to MSE. However, this is all just based on previous criteria and there are "no guarantees".