Nationwide £100 Bonus 2025:The Nationwide Building Society is gearing up to reward its loyal members with the Fairer Share Payment initiative, an exciting way to share profits with qualifying customers. This £100 bonus has already benefited over 4 million customers in 2024, and many more can expect this reward in 2025. Whether you’re curious about eligibility, payment schedules, or the finer details of the bonus, this article covers everything you need to know.
What is the Nationwide Fairer Share Payment?
The Fairer Share Payment is a unique initiative by Nationwide Building Society to reward its loyal customers by sharing a portion of the organization’s profits. This initiative is designed to appreciate members who actively use Nationwide’s services, such as savings accounts, mortgages, and current accounts.
In 2024, over 4 million Nationwide customers received a £100 bonus as part of this program. The success of this initiative has encouraged Nationwide to continue the Fairer Share Payment for 2025, with the exact details expected to be announced in early 2025.
Who Qualifies for the £100 Bonus?
To be eligible for the £100 bonus, customers must meet the following criteria:
- Qualifying Accounts:
Customers must hold a Nationwide account that meets the conditions before the eligibility cut-off date, 31 March 2025. - Savings or Mortgage Requirements:
- At least £100 savings in a Nationwide account or Cash ISA by the cut-off date.
- A minimum mortgage balance of £100 with Nationwide by the same date.
- Account Activity:
The account must remain active and free from disqualifying activities such as fraudulent usage or closure requests.
Exclusions
Certain circumstances will exclude customers from receiving the bonus:
- Accounts involved in illegal activities.
- Accounts unable to receive payments or lacking a linked current account.
- Accounts marked for closure before the eligibility review.
- Accounts where the holder is deceased.
Key Account Types and Requirements
Nationwide customers must hold one of the following accounts to qualify for the £100 bonus:
| Account Type | Details |
| FlexPlus | Nationwide’s premium current account with added benefits. |
| FlexAccount/FlexDirect/FlexBasic | Standard current accounts offering day-to-day banking solutions. |
| FlexOne/FlexStudent/FlexGraduate | Accounts tailored for students and young professionals. |
Additionally, customers must ensure:
- A minimum savings balance of £100 in eligible accounts (excluding business savings or third-party-held assets).
- A qualifying mortgage of at least £100, excluding commercial or subsidiary-linked mortgages.
When Will the Bonus Be Paid?
While the exact payment dates for 2025 have not been announced, insights from the 2024 schedule suggest the bonus will be paid between mid-June and late June 2025. Payments will be credited directly into the eligible customers’ current accounts.
Key details about the payment:
- The bonus will appear as Nationwide Fairer Share Payment on your bank statement.
- Customers with multiple accounts will receive the bonus for only one account.
Tax Implications of the Nationwide Bonus
The £100 bonus is considered savings income and is therefore taxable. Here’s what you need to know:
- Nationwide will report the payment to HMRC, which means it could affect your taxable income.
- If your savings income exceeds the Personal Savings Allowance, you may need to pay taxes on the bonus.
- Customers should monitor their total annual savings income to avoid unexpected tax obligations.
Do You Need to Claim the Bonus?
No, customers meeting the eligibility criteria do not need to take any action to claim the bonus. Nationwide will automatically process the payment and notify eligible customers.
However, if you do not wish to receive the bonus, you can opt-out by:
- Contacting Nationwide at 0330 1239734 during business hours.
- Visiting a branch and submitting a formal request before June 2025.
Benefits of the Fairer Share Payment
Nationwide’s initiative is more than just a monetary reward—it reflects the building society’s commitment to its members. By sharing profits with loyal customers, Nationwide fosters trust and strengthens relationships. Here’s why the Fairer Share Payment stands out:
- Customer Appreciation: Recognizes and rewards long-term loyalty.
- Profit Sharing: Reinforces Nationwide’s ethos of being a member-first organization.
- Encouragement to Save: Motivates customers to maintain savings or mortgage accounts.
Key Dates and Information for the £100 Bonus
| Event | Details |
| Announcement Date | Early 2025 (Exact date to be confirmed) |
| Eligibility Cut-Off | 31 March 2025 |
| Payment Period | Mid-June to late June 2025 |
| Minimum Savings | £100 in Nationwide account or Cash ISA |
| Minimum Mortgage | £100 with Nationwide |
| Contact for Opt-Out | 0330 1239734 (Weekdays during business hours) |
Conclusion: Nationwide £100 Bonus 2025
The Nationwide Fairer Share Payment is an excellent initiative that emphasizes the value of customer loyalty. Whether you’re a saver, a mortgage holder, or a regular banking customer, this £100 bonus is a fantastic reward for staying with Nationwide. As the announcement for 2025 draws near, ensure your accounts meet the eligibility criteria to make the most of this opportunity. For any questions or concerns, feel free to reach out to Nationwide’s customer service or visit your nearest branch.
FAQs Related To Nationwide £100 Bonus 2025
Yes, the bonus is treated as savings income and may be subject to taxes if your total savings income exceeds the Personal Savings Allowance.
If you close your account or request closure before 31 March 2025, you will not qualify for the bonus.
No, even if you have multiple qualifying accounts, the bonus will be paid for only one account.
