Nationwide members will receive £100 bonus under the Fairer Share scheme
Nationwide confirmed it will once again pay a profit-sharing bonus to its members.
It is the fourth time Britain’s biggest building society has made the payment under its Fairer Payment scheme, with more than four million customers eligible.
But Virgin Money customers, who only recently became Nationwide members following a £2.9 billion takeover, will have to wait until next year for any payout.
There will also be a portion of the one million customers who switched to Nationwide over the last year who will not meet the eligibility requirements.
Nationwide will only make the payment to members with a qualifying current account open on March 31, 2026, combined with either at least £100 in total savings or a minimum of £100 owed on a mortgage, on the same date.
Dame Debbie Crosbie announced Nationwide will make the Fairer Share payment again
Dame Debbie Crosbie, Nationwide’s chief executive, said: ‘More people than ever are choosing Nationwide.
‘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.’
Nationwide said it would start to pay members from 10 June.
It also announced it will launch a new member-exclusive bond, which will offer a 5 per cent savings rate for 15 months, on balances of up to £10,000. It said the bond would be available exclusively to Nationwide and Virgin Money customers.
It came as the building society reported pre-tax profits of £1.49billion, in the year to 31 March 2026, down from the £2.3billion it made last year.
Nationwide said last year’s earnings had been bolstered by a one-off gain following the acquisition of Virgin Money.
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