Nationwide Building Society Bonus Eligibility: Nationwide Building Society offers two significant bonuses to its members: the annual £100 Fairer Share Payment and the one-off £50 “Big Nationwide Thank You” payment. Understanding the eligibility criteria for these bonuses is crucial for members to benefit from these offers. Here’s a comprehensive guide on who qualifies for these bonuses and how to ensure eligibility.
1. The Big Nationwide Thank You – £50 Bonus
Nationwide’s “Big Nationwide Thank You” payment is a gesture of gratitude for its members. This bonus, introduced as part of their ongoing member appreciation efforts, is tied to specific membership requirements.
Eligibility Criteria:
- Membership Status: You must have been a member of Nationwide as of 30 September 2024 and remain a member at the time of payment.
- Account Activity or Balance: To be eligible, you should have met one of the following conditions:
- A qualifying transaction on your current or savings account.
- A balance of at least £100 across your current or savings accounts, or on your Nationwide residential mortgage.
- Account Type: Eligible accounts include current accounts, savings accounts, and residential mortgages.
Eligible members were paid the £50 bonus between 9 April and 30 April 2025. If Nationwide couldn’t credit your account, a cheque was sent by 14 May 2025.
2. Fairer Share Payment – £100 Bonus
The annual £100 Fairer Share Payment is designed to share Nationwide’s profits with its members. It is part of the society’s commitment to rewarding customers who are actively involved with its products and services.
Eligibility Criteria:
- Account Type: Members with a qualifying current account and either a qualifying savings account or a qualifying mortgage were eligible.
- Qualifying Current Accounts: This includes FlexPlus, FlexDirect, FlexOne, and more.
- Qualifying Savings: A total of £100 or more across any personal savings accounts or cash ISAs with Nationwide.
- Qualifying Mortgage: At least £100 owed on a residential mortgage with Nationwide.
Members eligible for this payment received the £100 directly into their account between 13 June and 28 June 2024, or via cheque if direct payment wasn’t possible.
How to Ensure Nationwide Building Society Bonus Eligibility
To be eligible for these payments in the future, ensure the following:
- Maintain Active Accounts: Keep your Nationwide current or savings accounts active and meet the required balance or transaction criteria.
- Check Eligibility Announcements: Keep an eye out for official communications from Nationwide to stay informed about any changes to eligibility.
- Ensure Correct Contact Information: Make sure Nationwide has your current address and email to receive timely updates.
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FAQs
1. How do I qualify for the £50 “Big Nationwide Thank You” bonus?
To qualify, you need to be a member of Nationwide as of 30 September 2024, with either a qualifying transaction or a balance of at least £100 in your account.
2. When will I receive the £100 Fairer Share Payment?
The Fairer Share Payment is made annually. If eligible, the payment will be credited directly to your account in June or issued via cheque.
3. How can I ensure I am eligible for the bonuses next year?
Keep your accounts active, ensure a qualifying balance, and stay updated on communications from Nationwide.
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