Overview
- Nationwide disclosed on Thursday, May 21 that about 4.4 million eligible members will receive a £100 Fairer Share payment automatically from 10 June.
- To qualify members must have held a Nationwide current account on 31 March 2026 plus either at least £100 in Nationwide savings during March 2026 or at least £100 outstanding on a Nationwide mortgage on that date.
- The 2026 distribution totals roughly £440 million, is treated as savings interest for tax purposes, and brings the scheme’s total returned to members since 2023 to about £1.5 billion.
- Many customers who joined via the Virgin Money transfer are not eligible for the 2026 payment and may only be assessed for inclusion from 2027 as the integration continues.
- The payout accompanies Nationwide’s full-year results showing pre-tax profit of £1.49 billion and new member offers including a 15‑month 5% member bond and a £175 current‑account switching incentive, steps designed to drive account growth and deposits.