Nationwide confirm who won't get 'free' bonus £100 payment

Nationwide have made it clear who isn't eligible for a £100 payment from their 'Fairer Share' scheme, as not everyone will be eligible and the window of opportunity to become so closed a couple of months ago.

There are a number of ways to get the hundred quid and if you don't meet any of them then you're not on the list of people in line for some money.

Over four million Nationwide customers are expected to get £100 and money is set to go out between 10 and 30 June, but according to the Express some customers are worried they haven't been told they're getting their money yet.

Nationwide told their customers they're sending messages out to those who are in line for the money, and they also have an eligibility tool to see if you meet the criteria.

If you are then the money is paid in automatically and you shouldn't have to do anything else, which means you'd better be vigilant against scammers telling you the £100 is yours if you just give them some confirmation details.

If you haven't got a message from Nationwide saying you're in line for the £100 yet, you probably aren't getting it (Mike Kemp/In Pictures via Getty Images)

If you've not been contacted and Nationwide's eligibility tool says you aren't in line for the extra dough then you're probably not someone who will be getting the money.

Nationwide have said that people who are eligible should be contacted by the end of 30 May, so if you've not had it today then it's probably not you.

Given that most people will have plenty of leeway left in their £1,000 allowance for making money off their savings, many of the around four million people getting their £100 won't need to pay tax on it.

The money is counted as interest on your savings, so only high earners who go above making a grand from the interest on their savings will need to pay tax on the £100.

Over four million people will get £100, but you need to have met the criteria by the end of March (Getty Stock Photo)

Who is eligible for the £100 payment?

To get the 2026 Fairer Share payment from Nationwide Building Society, you must have a Nationwide current account and either £100 or more in Nationwide savings or a cash ISA, or a Nationwide mortgage with at least £100 owed.

You needed to have met these rules by 31 March 2026.

As reported by MoneySavingExpert, if you had a FlexAccount, FlexBasic or FlexDirect account, you qualified if you did one of these:

Option A

In at least two months out of January, February, and March 2026:

• Pay in at least £500 from another bank and make at least two payments out

Example:

• January: £500 salary transfer in and two card payments
• March: £500 transfer in and two direct debits

Option B

In at least two of those three months, make:

• 10 or more outgoing payments

These could be things like:

• Debit card purchases
• Direct debits
• Bank transfers

Nationwide didn’t fully confirm exact qualifying payment types.

Option C

Switch your main bank account to Nationwide using the Current Account Switch Service between 1 January and 31 March 2026

Virgin Money current accounts do not count for the 2026 payment, but eligible Virgin Money customers may be included from 2027 onwards.

If you qualify, Nationwide will automatically pay you £100 in June 2026.

Check the qualifying criteria for each current account on the full terms and conditions.