Nationwide has issued an alert to millions of members today, Wednesday, with many set to spot a new four-word message appearing on their bank statements and within their accounts.
The announcement follows confirmation last month from the world’s largest building society that it would distribute its Fairer Share Payments in 2026, marking the fourth year running.
Approximately 4.4 million members will receive a free £100 paid directly into their accounts from today, June 10, with eligibility dependent on meeting all the required criteria.
Qualifying members use Nationwide for their everyday banking, while also holding an eligible savings account or mortgage.
To be eligible, members must have held a qualifying current account with Nationwide on March 31 this year, and maintained a minimum of £100 in a qualifying savings account, or owed at least £100 on an eligible mortgage.
New alerts sent through the Nationwide app today read: “Your £100 Fairer Share payment has now been paid into your current account ending [xxxx]. This will appear as Nationwide Fairer Share Payment.”
Nationwide confirmed earlier today that it has set itself a deadline of June 30 to process any outstanding payments.
Stephen Noakes, Nationwide’s Group Retail Director, said: “We’ve made strong progress with this year’s Fairer Share payment, surpassing four million payments on the first day.
“We’re pleased to be able to reward eligible members with £100 for the fourth consecutive year, reflecting Nationwide’s strong financial position.”
Nationwide has distributed a Fairer Share Payment every year since 2023. The payout is reliant on Nationwide’s financial health and remains subject to Board approval.