The place is my Nationwide £100 bonus? Guidelines defined as first funds arrive

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Your assist makes all of the distinction. Learn extra Nationwide’s annual bonus has began arriving in financial institution accounts, gifting eligible savers £100 every.

For the third 12 months operating, this ‘Fairer Share’ cost shall be distributed to hundreds of thousands of Nationwide members. The financial institution says this contains greater than 4 million individuals in 2025, up from 3.85 million final 12 months and three.4 million the 12 months earlier than.

The initiative will value the constructing society £400 million – probably the most it has ever distributed as a part of the Fairer Share Scheme.

As with earlier years, receiving the cost shall be topic to sure eligibility standards. The constructing society explains that it's going to go to “eligible members selecting Nationwide for his or her on a regular basis banking, along with holding a qualifying financial savings or mortgage product”.

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Nationwide Constructing Society posted a 30 per cent leap in annual earnings after an ‘excellent’ 12 months that noticed it full the takeover of Virgin Cash (PA) Most individuals have now obtained their cost, as Nationwide confirms that 99.97 per cent of eligible members have been paid on Wednesday.

The constructing society mentioned the remaining eligible members ought to obtain their funds by 4 July on the newest.

Stephen Noakes, Nationwide’s retail director, mentioned: “We now have already made glorious progress in rolling out this 12 months’s Fairer Share cost, having surpassed 4 million funds within the first day. We're delighted to have been in a position to pay eligible members £100 for the third 12 months operating attributable to Nationwide being in a robust monetary place.

“That power, mixed with our mutuality, meant we have been in a position to return a complete of £2.8bn in worth to members within the final monetary 12 months.”

The cost comes after Nationwide noticed a 30 per cent leap in annual earnings after an “excellent” 12 months that noticed it full the takeover of Virgin Cash. The agency was in a position to pay its members a one-off £615m ‘Thank You’ reward earlier this 12 months following the deal.

The agency accomplished the £2.9bn takeover, which noticed the financial institution grow to be the UK’s second-largest mortgages and financial savings supplier, behind Lloyds Banking Group.

<img src="https://static.independent.co.uk/2025/04/01/8/00/British-Prime-Minister-Keir-Starmer-visits-Nationwide-Building-Society-office-in-the-city-of-London.jpeg" srcset="https://static.independent.co.uk/2025/04/01/8/00/British-Prime-Minister-Keir-Starmer-visits-Nationwide-Building-Society-office-in-the-city-of-London.jpeg?quality=75&width=320&crop=3%3A2%2Csmart&trim=555%2C0%2C803%2C0&auto=webp 320w, https://static.independent.co.uk/2025/04/01/8/00/British-Prime-Minister-Keir-Starmer-visits-Nationwide-Building-Society-office-in-the-city-of-London.jpeg?quality=75&width=640&crop=3%3A2%2Csmart&trim=555%2C0%2C803%2C0&auto=webp 640w" loading="lazy" alt="Prime minister Keir Starmer meets with staff and CEO Debbie Crosbie during his visit to the Nationwide Building Society office in April" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> open picture in gallery

Prime minister Keir Starmer meets with employees and CEO Debbie Crosbie throughout his go to to the Nationwide Constructing Society workplace in April (Reuters) The group mentioned integration of the acquisition was “progressing effectively”.

Nationwide mentioned it was persevering with to run the 2 companies individually initially after the acquisition, and had no plans for job cuts within the quick time period.

However Ms Crosbie mentioned it was “too early to say” what affect there could be on employees of the mixed group additional out because it integrates the companies.

“Each enterprise all the time critiques its workforce, and we’ll proceed to try this on an ongoing foundation, nevertheless it’s too early to say if there’ll be an affect on the broader workforce,” she mentioned.

She additionally signalled Nationwide would hold Virgin Cash’s Newcastle headquarters, with Ms Crosbie saying “the present footprint that we've got will stay the identical”.