Published On: Wed, Jun 18th, 2025
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Nationwide customers urged to look out for 4 words on account statement | Personal Finance | Finance

Nationwide Building Society customers have been encouraged to check their bank statements as a new scheme launches.

The group has started paying out the latest round of its Fairer Share Payment, a £100 bonus payment going out to millions of members.

The funds are due to land in accounts between June 18 and July 4, with more than four million people to get the extra cash.

Several customers reported on social media that the £100 had been credited to their account. The funds will appear alongside the words ‘Nationwide Fairer Share Payment’ on your statement.

Nationwide is paying the cash into Nationwide current accounts of those who qualify. Some people asked Nationwide about what time of day the payments will be issued. One customer said they usually get their payments at around midnight.

Nationwide responded simply to confirm: “We’ll send the payment of £100 to eligible members between 18 June 2025 and 4 July 2025.”

How can I find out if I am eligible for the Nationwide Fairer Share Payment?

To be eligible for the £100 payment, you need to have had a qualifying current account plus either a qualifying savings account or a qualifying mortgage.

You also need to have had certain account activities between January 1 and March 31 this year, depending on which combination of accounts you have.

If you were eligible, you would have been sent a message to let you know by email or letter by March 30. You can also check by logging into online banking or using the eligibility checker tool on the Nationwide website.

Nationwide members may also be able to bag a £200 bonus if they switch over their current account from another provider to the building society.

You will be eligible if you were a qualifying member on March 31 and if you switch over from a non-Nationwide provider to a FlexPlus, FlexDirect or FlexAccount current account. You can get the cash when switching to an existing current account.

You need to do a full switch online using the Current Account Switch Service, including closing your old account, and you have to complete this within 28 days of requesting the switch.

You also have to be within 31 days of opening the new account or applying to switch into an existing account, pay in at least £1,000 and make one debit card payment.