Customers of Nationwide Building Society are being urged to take swift action to potentially secure a £100 cash bonus this summer, following advice from Martin Lewis's Money Saving Expert (MSE).
The potential windfall forms part of Nationwide's 'Fairer Share' scheme, which has seen the mutual hand out hundreds of millions in free cash to its members over the past three years. While the building society has not yet officially confirmed the scheme for 2026, its recent history makes another round highly likely.
What is the Nationwide Fairer Share Payment?
The Fairer Share scheme is Nationwide's initiative to reward its loyal members. For the past three years, it has paid a £100 bonus to eligible customers, with a staggering £400 million distributed to four million members in 2025 alone. The previous year saw £385 million shared among 3.85 million people.
Payments are typically made in June, but the critical cut-off point for meeting the eligibility rules is 31 March. This gives customers just a couple of months to ensure their accounts are set up correctly to qualify.
How to Qualify for the £100 Payout
To be in line for the bonus, members must meet specific criteria. According to MSE, you need to hold a Nationwide current account and either a qualifying savings account or a mortgage with the building society.
This means existing customers should check they have the right mix of products. For those who don't, opening a new current account or savings account now could secure eligibility. New customers can also sign up before the deadline to put themselves in the running.
"Now's the perfect time to maximise your chances," advises Money Saving Expert. The site notes that while the scheme is probable, it is not guaranteed each year, with Nationwide usually making a final announcement in May.
Act Now to Avoid Missing Out
The key takeaway for millions of Nationwide members is the urgency of the March deadline. With the building society's history of generous payouts, ensuring you meet the criteria by the end of the first quarter could result in a welcome summer cash boost.
Prospective and existing customers are advised to review their accounts immediately. Taking action before 31 March 2026 is the only way to guarantee eligibility for what could be another multi-million pound giveaway from Britain's largest building society.