{"id":366,"date":"2025-03-19T10:54:34","date_gmt":"2025-03-19T11:54:34","guid":{"rendered":"http:\/\/www.phithuongbatphu.com\/?p=366"},"modified":"2025-04-16T01:23:42","modified_gmt":"2025-04-16T01:23:42","slug":"martin-lewis-issues-10-day-warning-to-qualify-for-100-nationwide-bonus-payout","status":"publish","type":"post","link":"http:\/\/www.phithuongbatphu.com\/index.php\/2025\/03\/19\/martin-lewis-issues-10-day-warning-to-qualify-for-100-nationwide-bonus-payout\/","title":{"rendered":"Martin Lewis issues 10-day warning to\u00a0qualify for \u00a3100 Nationwide bonus payout"},"content":{"rendered":"
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\n\t\t\"\"\t<\/div>
Martin has the lowdown on the Fairer Share initiative (Picture: Getty\/ITV1)<\/figcaption><\/figure>\n

Last year, Nationwide<\/a> paid 3.85 million members \u00a3100 each as part of its Fairer Share scheme \u2014 and it looks like the building society<\/a> will be issuing a fresh round of bonuses<\/a> in the next few months.<\/p>\n

While the exact details of the 2025 initiative – which is separate to recent \u00a350 payouts<\/a> marking Nationwide’s acquisition of Virgin Money – have yet to be released, Martin Lewis<\/a> has offered some urgent advice to help you qualify.<\/p>\n

In the latest edition of his Money Saving Expert (MSE) newsletter, he shared a guide on possible conditions for the ‘reward’, urging: ‘Go quick to boost your chances.’<\/p>\n

MSE explained: ‘In previous years, the scheme has been announced in May and paid in June, though whether you got it depended on if you met the qualifying criteria in the first three months of the year.’<\/p>\n

That means existing members have just a few weeks left to ensure they fulfil any requirements, while non-nembers need to switch to Nationwide ASAP to be eligible<\/a>.<\/p>\n

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\n\t\t\"A\t<\/div>
The building society operates as a mutual, so shares profits with members (Picture: Bloomberg via Getty Images)<\/figcaption><\/figure>\n

Assuming the initiative comes with the same prerequisites as in 2023 and 2024, what you have to do will depend on the account you have and how you used it in January or February this year.<\/p>\n

If you’re already a Nationwide customer, your account must still be open on March 31, 2025, so don’t close it between now and then. Additionally, you need to have used it within the first three months of the year, with slightly different criteria for different types of account:<\/p>\n

FlexAccount, FlexBasic, FlexDirect accounts<\/strong><\/h3>\n

To qualify for a Fairer Share payout, you must have either received \u00a3500 and<\/em> made two payments out of your account, or made at least 10 outgoing payments in January and February this year. <\/p>\n

However, MSE adds that if you didn’t do this, ‘you may still be able to qualify by switching.’<\/p>\n

FlexPlus packaged accounts<\/strong><\/h3>\n

No payments in or out are required here, but you need to have kept up with your fee to be eligible.<\/p>\n

FlexOne, FlexGraduate, FlexStudent accounts<\/strong><\/h3>\n

The deadline for these members is slightly later, so you’ll have until the end of March to qualify by making at least one payment in or out<\/em> of your account.<\/p>\n

‘Payments out can include debit card transactions, Direct Debits, bank transfers and standing orders but not transfers to other Nationwide accounts you have,’ explains the MSE site.<\/p>\n

Mortgages and savings accounts<\/strong><\/h3>\n

Mortgage customers must owe at least \u00a3100 by end of March, while savings accounts must have a balance of at least \u00a3100.<\/p>\n

MSE advises: ‘If you don’t have either of those, stick \u00a3100 (or maybe \u00a3200 to be safe in case it changes its terms) into one of Nationwide’s savings accounts before Monday 31 March.’<\/p>\n

\n
Comment now<\/title><span class=\"metro-comment-cta__text\">Have you done the necessary steps to qualify for Nationwide’s \u00a3100 bonus payout?<\/span><\/span><a class=\"metro-comment-cta__button\" href=\"#metro-comments-container\">Comment Now<\/a><\/div>\n<\/section>\n<h2 class=\"wp-block-heading\">Not with Nationwide or missed the deadline to qualify? <\/h2>\n<p>If you use the Current Account Switch Service to switch an account you hold with another bank to a Nationwide FlexDirect one by March 31, you may still meet the criteria for the \u00a3100 Fairer Share payment \u2014 and you may even be eligible for a \u00a3175 new customer bonus too.<\/p>\n<p>Keep in mind though, there isn’t long left to act, as the process normally takes seven working days to go through.<\/p>\n<p>Alongside switching your current account, MSE recommends you also ‘stick \u00a3100 (or \u00a3200 to be even safer) into a Nationwide savings account <em>or<\/em> owe at least \u00a3100 on a Nationwide mortgage in March 2025′ to maximise your chances of qualifying.<\/p>\n<figure class=\"img-container shareable-item wp-caption\">\n<div class=\"img-wrap\">\n\t\t<img decoding=\"async\" width=\"646\" height=\"431\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"article-image wp-image-22257172 lazyload\" alt=\"New corporate identity and logo Nationwide Building society on 28th July 2024 in London, United Kingdom. Nationwide Building Society is a British mutual financial institution, the seventh largest cooperative financial institution and the largest building society in the world. (photo by Mike Kemp\/In Pictures via Getty Images)\" loading=\"lazy\" data-src=\"http:\/\/www.phithuongbatphu.com\/wp-content\/uploads\/2025\/03\/SEI_234334022-5a3b.jpg\">\t<\/div><figcaption>You don’t need to be an existing member to qualify (Pictures: Getty Images)<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">When will the Nationwide bonus be paid out?<\/h2>\n<p>Last time around, the bank contacted eligible members <strong>by May 31,<\/strong> with bonuses deposited into members\u2019 accounts between June 13 and June 28.<\/p>\n<p>Nationwide plans to release information such as the amount and exact payout dates around the same time in 2025, so there\u2019s still a while to wait.<\/p>\n<p>However, all the hard work\u2019s done for you, so you don\u2019t need to make a claim or request the money yourself.<\/p>\n<p>If you think you qualify and haven\u2019t heard anything from Nationwide by June, get in touch. And don\u2019t forget to stay aware of fraudulent attempts at obtaining your personal information to apply for the payment.<\/p>\n<p class=\"\"><strong>Do you have a story to share?<\/strong><\/p>\n<p class=\"\"><strong>Get in touch by emailing <a href=\"mailto:MetroLifestyleTeam@Metro.co.uk\">MetroLifestyleTeam@Metro.co.uk<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Martin has the lowdown on the Fairer Share initiative (Picture: […]<\/p>\n","protected":false},"author":1,"featured_media":368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cost-of-living"],"_links":{"self":[{"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/posts\/366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/comments?post=366"}],"version-history":[{"count":3,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/posts\/366\/revisions"}],"predecessor-version":[{"id":372,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/posts\/366\/revisions\/372"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/media\/368"}],"wp:attachment":[{"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/media?parent=366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/categories?post=366"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/tags?post=366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}