Some Nationwide customers could be entitled to a £100 bonus if they meet two simple conditions. Here’s how you can find out
Nationwide customers could be in for a financial boost as some account holders have stumbled upon the chance to bag a ‘free £100’ for their current accounts. Jamie, a TikTok user known as @jamiesfinance, shared insights on how to potentially secure the Nationwide’s £100 Fairer Share payment in the future.
He cautioned that the bonus is “not guaranteed” and depends on the building society’s profits, meaning “if they do not do well in a year, then you might not receive this payment,” – something to bear in mind for those considering switching for this perk.
Jamie also mentioned: “Additionally, the terms and conditions are subject to change, but they have been quite consistent for the past few years”.
He further explained: “So let me show you how you can make sure you get the payment next year if it does happen”.
To qualify, Jamie outlined two key criteria. The first requirement, he said, is to have “first thing you need is a Nationwide account,” clarifying that “this can be any current account that you have with them”.
He noted that a common mistake causing people to “missed out” on the payment was having only a savings account, which doesn’t meet the criteria. To be considered an “active member,” one must maintain at least £100 in the account.
Jamie highlighted that the terms and conditions aim to exclude dormant accounts from receiving the payment.
This bonus is exclusively for their active members who are “actively contributing to Nationwide,” rather than those who aren’t utilising their accounts.
Detailing the specifics, Jamie revealed: “So, this year, in January, February, and March, so in two out of these three months, you had to receive £500 and make two debit card transactions.”
Alternatively, he added: “Or in two of the three months, make ten eligible debit card transactions”.
Nationwide has been generating favourable chatter among users with many praising the building society’s accounts.
“It looks like I may switch from Santander,” deliberated one commentator, whilst contemplating the benefits of a Nationwide current account.
Amidst this, a customer voiced their banking conundrums: “I don’t like Nationwide’s app, so I use a different bank. You think it will be fine if I just put £100-£600 every now and then in both my current and savings?” the query came.
To which Jamie offered his tactic: “I would just keep £100 constantly in a nationwide savings account and set reminders for March and February next year to deposit £500 in each month and make two card payments”.
In another exchange, an enquiry about the necessity of multiple accounts emerged, asking whether a “current and savings account,” was required, to which Jamie informed that to bag the £100 bounty, an “eligible savings account or mortgage or you won’t get the £100” is compulsory.
The Nationwide website confirms that to qualify, members must have a current account and either qualifying savings or a mortgage as of their last review on 31 March this year.
Eligible members are set to receive their £100 payment between 18 June and 4 July 2025, with the stipulation that the money will only be deposited into an active Nationwide current account. For more information, check out their terms and conditions.