Curious about whether you’ll receive a £100 bonus from Nationwide this year? Here’s your full, straightforward guide to the 2025 Fairer Share Payment, including who qualifies, how to ensure you’re eligible, and when you can expect the money to arrive.
What Is the Nationwide Fairer Share Payment?
The Fairer Share Payment is a yearly reward that Nationwide Building Society gives to its loyal members. Unlike limited-time offers from some banks, this is a regular benefit that reflects Nationwide’s mutual model—owned by its members, not shareholders.
In 2023, over 3 million customers each received £100. The aim is to return some of the profits to those who bank and borrow with them. It’s a gesture of appreciation that sets building societies like Nationwide apart from the high street giants.
The payment returned in 2024 as well, with a whopping £385 million shared among 3.85 million members.
Now, all eyes are on Nationwide £100 bonus 2025.
Is the £100 Bonus Coming Back in 2025?
It hasn’t been officially confirmed yet. However, Nationwide has said a decision will be announced on 29 May 2025, in line with their financial results.
If their year-end performance holds up and the board gives the green light, there’s a strong chance the bonus will be paid again.
Who Will Qualify for the 2025 Bonus?
While official details are still under wraps, the eligibility criteria are expected to be similar to previous years. To be in with a chance, you’ll probably need:
1. A Nationwide Current Account
You should have an active personal current account, such as:
- FlexAccount
- FlexPlus
- FlexOne
- FlexDirect
- FlexStudent
- FlexGraduate
- FlexBasic
Your account must have been opened on or before 31 March 2025.
2. Active Account Usage
In 2024, eligibility required at least two deposits of £500 or more and two or more outgoing payments (like direct debits or standing orders) during January, February, and March. It’s likely to be the same this year.
This ensures the account is genuinely in use, not just sitting dormant.
3. Either a Savings Account or a Mortgage
You must also have one of the following with Nationwide:
- A savings account with at least £100 in it by 31 March 2025
- A mortgage with a minimum of £100 outstanding
This helps demonstrate a wider financial relationship with the society.
For Joint Account Holders
If you share a joint account, don’t worry. Each person is assessed individually. If both meet the criteria, you can both receive the bonus.
When Will the Bonus Be Paid?
Assuming it goes ahead, here’s the likely schedule:
- 29 May 2025: Decision confirmed
- 31 May 2025: Members notified
- 13 to 28 June 2025: Payments deposited directly into eligible accounts
No action is needed on your part. If you qualify, the money will simply appear in your account.
Will I Have to Pay Tax on It?
The £100 payment counts as savings income. Nationwide won’t deduct tax at source, but you may have to declare it depending on your income.
For most people, the Personal Savings Allowance (£1,000 for basic-rate taxpayers, £500 for higher-rate taxpayers) means no extra tax will be due. Still, it’s a good idea to check your situation, especially if you have other interest-earning accounts.
How to Boost Your Chances of Qualifying
Here are some quick and easy steps to make sure you’re eligible:
- Use your current account regularly – Pay your salary into it or set up standing orders.
- Top up your savings – Ensure your savings account has at least £100 by 31 March.
- Avoid account closures – Keep all your Nationwide accounts open and active until at least July.
- Check your mortgage balance – If you have a Nationwide mortgage, you’re already ticking a box.
Real-World Example
Sarah from Manchester opened a FlexPlus account in late 2022. She uses it to pay bills and has set up her salary to be deposited into it each month. She also keeps £500 in a savings account. Without applying or doing anything extra, she received a £100 bonus in June 2024.
If all goes to plan, Sarah stands a good chance of receiving another bonus in 2025.
Frequently Asked Questions
1. Do I need to apply for the bonus?
No application is required. If you’re eligible, the money is automatically paid into your account.
2. What if I share a joint account?
You and your account partner are assessed separately. You could both receive £100 if you qualify individually.
3. Can I still open a savings account?
Yes. Just ensure the balance hits £100 by 31 March 2025.
4. Will eligibility rules change this year?
Nothing is confirmed yet, but it’s likely that the criteria will stay similar.
5. I recently switched to Nationwide. Am I eligible?
As long as your current account was open by 31 March and you meet the other requirements, you should qualify.
Final Thoughts
The Fairer Share Payment is one of the rare perks in banking that feels genuinely rewarding. If you’ve built a financial relationship with Nationwide and use your account actively, you could see an easy £100 bonus in your account this summer.
Make sure you’re meeting the requirements before 31 March 2025—and sit back and wait for the money to arrive.
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