Nationwide Building Society customers keen to ensure they would be eligible for a £100 payment via its Fairer Share scheme should take steps now to ensure they do not miss out. 

In June last year, a total of £400million was paid to 4million Nationwide members, up from £385million for 3.85million members the year before.

The building society is yet to release details of whether there will be a similar scheme in 2026, which would mark the fourth year in a row a payment has been made. 

If there is a payment, it's likely the eligibility criteria would be similar to the last three years, when it was based on customers' activity in March. 

To qualify, members typically need a qualifying active Nationwide current account, plus either a qualifying Nationwide savings account, or cash Isa - or a Nationwide mortgage.

In the last three years, customers needed to have had at least £100 in a Nationwide savings account or a cash Isa, or £100 left on a Nationwide mortgage at the end of any day in March.

So, customers with a Nationwide current account should act now to ensure they have at least £100 in their savings account or cash Isa at some point this month.

Last year, Nationwide said: 'You will have had qualifying savings if you had at least £100 in total in one or more personal savings accounts or cash Isas with Nationwide at the end of any day in March 2024.'

A list of Nationwide's savings accounts can be found here. Accounts that should qualify include the Instant Access Saver, Flex Instant Saver, FlexOne Saver, Flex Regular Saver and its suite of cash Isas.

If you are using a mortgage to qualify, there needs to be at least £100 owed on it. 

If you have a FlexAccount, FlexDirect or FlexBasic account, there is an extra condition you must ensure you meet in order not to be caught out.

In two out of the three months of January 2025, February 2025 and March 2025, you would have needed to receive at least £500 into your current account - and transfers in from other Nationwide accounts you hold do not count.

In addition, you needed to make at least two payments out of your current account.

So, you would have needed to receive a total of £1,000 into the current account from a non-Nationwide account, and make no less than four payments across two of those three months.

If you did not meet any of those conditions last year you could also have qualified by making at least 10 payments out of the current account in two out of three months of January 2025, February 2025 and March 2025 - for a total of 20 payments out of the account across two months.

These conditions did not apply to any new customers who switched their current account to these Nationwide current accounts between 1 January 2025 and 31 March 2025.