Nationwide Building Society is preparing to announce a significant update regarding the 2025 Fairer Share Payment, a £100 bonus offered to its members as part of the organization’s profit distribution initiative. The official announcement is set for May 29, 2025, aligning with the release of Nationwide’s full-year financial results.
What is the Fairer Share Payment?
The Fairer Share Payment is a cash bonus distributed annually to eligible Nationwide members. The initiative, launched to reward customer loyalty, has previously provided £100 to qualifying account holders. In 2024, approximately 4 million members benefited from the scheme.
How to Qualify for the £100 Bonus
Eligibility criteria for the Fairer Share Payment typically include:
- Account Type: Must hold a qualifying current account, such as FlexAccount, FlexBasic, or FlexDirect.
- Transactions: At least two deposits of £500 or more in two of the first three months of 2025, along with two outgoing payments.
- FlexPlus Account: Simply paying the account fee qualifies members.
- FlexOne, FlexGraduate, FlexStudent Accounts: A payment either in or out of the account in March 2025 is required.
- Savings or Mortgage: Must have at least £100 in savings or owe at least £100 on a Nationwide mortgage by the end of March 2025.
Payout Schedule
Historically, payments have been disbursed between June 13 and June 28, with most members receiving the bonus in their accounts during this period.
Final Decision Pending
A spokesperson from Nationwide confirmed that while the organization aims to continue the Fairer Share Payment scheme, the decision will depend on the financial performance disclosed in the full-year report. The criteria and payment amount for 2025 remain subject to confirmation.
Stay tuned for further updates on the official announcement and ensure your account meets the necessary criteria to qualify for the £100 bonus.
FAQs
- What is the Nationwide Fairer Share Payment?
The Fairer Share Payment is an annual cash bonus distributed to eligible Nationwide members as part of the organization’s profit-sharing initiative. - When will Nationwide announce the 2025 Fairer Share Payment?
The official announcement is scheduled for May 29, 2025, in conjunction with Nationwide’s full-year financial results. - How can I qualify for the £100 bonus payment in 2025?
To qualify, members typically need to hold a qualifying current account (e.g., FlexAccount, FlexBasic, FlexDirect) and complete specific transactions or maintain certain account balances by March 31, 2025. - What are the eligibility criteria for FlexPlus account holders?
FlexPlus account holders need to pay their monthly account fee to qualify for the Fairer Share Payment. - What is the payment schedule for the 2025 Fairer Share Payment?
The payment is expected to be disbursed between June 13 and June 28, 2025, similar to previous years. - Are there any changes to the eligibility criteria for 2025?
While the general criteria are expected to remain the same, Nationwide has stated that the final criteria will be confirmed after the financial performance review on May 29, 2025. - What should I do to ensure my eligibility?
Ensure that your account is in good standing, maintain a minimum balance of £100 in savings or £100 mortgage debt, and meet the specific transaction requirements for your account type by March 31, 2025.
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