Nationwide has confirmed it is pressing ahead with its Fairer Share Payment scheme for the fourth year in a row
Certain Nationwide members may need to contact the building society by Monday, June 8.
This comes after Nationwide confirmed it is pushing forward with its Fairer Share Payment scheme for the fourth year running. In a statement issued last month, Nationwide revealed that approximately 4.4 million of its members will receive a free £100 payment next month. At the time it said: “We are a building society not a bank, which means we can do things differently. Unlike our banking peers, we share some of our profits with eligible members.
“We will do this by making a one-off payment of £100 to those who qualify.” Notifications dispatched to those eligible for the payment confirmed the funds will land in accounts by June 30.
Should you prefer not to receive the payment, you do have the option to turn it down. On its website, Nationwide explains: “You will need to let us know, no later than June 8 by calling us on 0330 123 9734, Monday to Friday between 9am and 5pm, Saturday between 9am and 2pm, or by visiting us in branch.”
Once you have opted out of receiving the 2026 payment, you will be unable to reverse that decision. Those who chose not to receive the Nationwide Fairer Share Payment in 2023, 2024 and/or 2025 will still need to notify Nationwide if they wish to opt out on this occasion.
