Nationwide has introduced a contemporary wave of £100 bonus funds, and it’s excellent news for tens of millions of its clients. Should you’ve acquired the appropriate accounts, you could possibly see an additional £100 land in your checking account this summer season.
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Right here’s every part that you must find out about who’s eligible, when the cash will arrive, and the best way to be sure to don’t miss out.
Why is Nationwide giving out £100?
This £100 bonus is a part of Nationwide’s Fairer Share scheme, which supplies a piece of the constructing society’s income again to its members. In whole, £400 million will probably be handed out to round 4 million individuals.
This comes off the again of a robust yr for Nationwide. It made pre-tax income of £2.3 billion, partly due to its current takeover of Virgin Cash. To say thanks, it’s sharing the success with clients once more, similar to it did with £50 thanks funds earlier this yr.
When will the £100 cost arrive?
Nationwide will begin paying the £100 into eligible clients’ present accounts between 18 June and 4 July 2025.
Should you’re eligible, you need to get an e-mail or letter by 30 Might 2025 confirming it.
Who qualifies for the £100 bonus?
That you must meet three fundamental circumstances to get the cost:
- A qualifying Nationwide present account (opened on or earlier than 31 March 2025)
- A financial savings account with at the least £100 in it at any level in March 2025
or
A Nationwide mortgage with at the least £100 left to repay on 31 March 2025
Let’s break down what counts as a qualifying present account…
Flexone, Flexstudent or Flexgraduate
You could have both paid cash in or out throughout March 2025 – however not for those who switched to this account utilizing the Present Account Swap Service between 1 January and 31 March 2025.
Flexaccount, Flexdirect or Flexbasic
That you must have both:
- Acquired at the least £500 into your account (not together with transfers from different Nationwide accounts) and made at the least two funds out in two of the three months: January, February or March 2025
or - Made at the least ten funds out in that very same three-month window
Once more, you gained’t qualify for those who switched utilizing the Present Account Swap Service between January and March 2025.
FlexPlus
Easy one – simply pay the month-to-month account price.
Hold a watch out for financial institution switching presents to money in on free cash and doubtlessly get offers like this sooner or later.
How will I do know if I’m getting it?
Nationwide will probably be in contact with everybody who qualifies by 30 Might. Should you don’t hear something, it probably means you don’t meet the factors this time spherical.
Anything to know?
That is now the third yr working that Nationwide has given money bonuses via its Fairer Share scheme:
- In 2023, it paid out £340 million to three.4 million clients
- In 2024, that rose to £385 million for 3.85 million clients
- And now in 2025, it’s topping that with £400 million for 4 million members
It’s a beneficiant transfer from a constructing society that’s nonetheless owned by its members, and a reminder that being with the appropriate financial institution can truly repay.
Ricky Willis is the unique Skint Dad. A money-making fanatic, father, and husband to Naomi. He’s at all times searching for distinctive methods to earn a bit additional.
