Nationwide Fairer Share 2026 payment £100 bonus decision due

The scheme, which pays cash directly into eligible members’ accounts, is set to expand after Nationwide’s takeover of Virgin Money – bringing millions more people into the fold.

Around half of Virgin Money’s 6.3 million customers became Nationwide members earlier this month, including those with current accounts, savings and mortgages.

But while many will be eager to see if they qualify this year, there’s a catch: the eligibility cut-off was in March, meaning new members may miss out on the upcoming payment.

Stephen Noakes, Nationwide’s director of retail, said: “The acquisition of Virgin Money enables us to expand the benefits of mutuality, and we look forward to sharing the additional value we can create for our new members.

“From exclusive savings rates to existing member benefits, we want there to be every reason to join Britain’s biggest building society, which continues to be the UK’s most switched to current account provider.”

Key details – including exactly how much will be paid and when – will be confirmed when Nationwide announces its financial results, expected on May 21.

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A statement from Nationwide clarifies: “Nationwide’s Board will decide on a Fairer Share payment for 2026 and it will depend on our financial performance.

“That assessment will be made after our financial year end, with the eligibility criteria for this year being agreed then too.

“The decision will be announced as part of our full year results in May.”