Nationwide’s £100 Bonus: A Welcome Financial Boost for 4 Million Members
Let’s talk about some good news for once — and it's something that might just give your bank account a little summer sunshine. Nationwide Building Society has announced, for the third year in a row, that it’s paying a £100 “Fairer Share” bonus to 4 million of its eligible members. If you're one of them, you could be getting a nice little cash injection between 18 June and 4 July this year.
Now, why is this happening? It’s not a competition or a random draw — it’s part of Nationwide’s pledge to share its profits with its members. This year, the mutual posted record-breaking pre-tax profits of £2.3 billion. That’s up from £1.77 billion last year. And how did they do that? Well, they’ve had a stellar year in mortgage lending and current account growth. So rather than pocketing all the profits or dishing out big dividends to shareholders (because they don’t have any — remember, they’re a mutual), they’re giving back to the people who actually bank with them.
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To qualify for the £100, you needed to have a current account open with Nationwide as of 31 March 2025, and you must still have it active in June when the payments are made. But there’s a little more to it — you also need to have had either a savings account with at least £100 in it or a mortgage with them at that same time. So, it’s a reward for those who actually use Nationwide for more than just holding an empty account.
What’s striking is the scale of this. That’s £400 million going straight into members’ pockets. In a time when many households are still grappling with the high cost of living, climbing food prices, energy bills, and rent hikes, this kind of gesture isn’t just welcome — it’s significant. That £100 might help cover groceries, a rising utility bill, or even just provide a bit of breathing room.
It’s refreshing to see a financial institution backing up its “member-first” message with action. Debbie Crosbie, the chief executive of Nationwide, said it well — this was an outstanding year for them, and this payout is part of their commitment to making sure members benefit directly from the society’s success.
Let’s be honest, we don’t often get free money from our banks. Most of the time, we’re dealing with fee hikes, interest drops, or less-than-clear terms and conditions. But here’s a case where loyalty is actually rewarded.
So, if you’re with Nationwide, double-check your eligibility and keep an eye on your bank account. And if you’re not, this might be a good time to consider whether your current bank is doing anything close to this for you. Because when a bank’s doing well, it’s only fair that the people who helped it succeed — the customers — get to share in the benefit.
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