How to Use the Nationwide Fairer Share Payment Calculator

A Nationwide Fairer Share Payment Calculator is an online tool designed to help Nationwide Building Society members quickly check whether they are likely eligible for the annual Fairer Share Payment.

This payment is a reward that Nationwide sometimes distributes to qualifying members as part of its mutual ethos of sharing profits with its customer-owners.

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What Is the Nationwide Fairer Share Payment?

Nationwide Building Society occasionally pays out a Fairer Share Payment (e.g., £100 per eligible member in 2023) to qualifying members. The eligibility rules generally require members to hold certain products, such as:

• A Nationwide current account, and
• Either savings of at least £100 or an active Nationwide mortgage or personal loan.

Because the rules can be confusing, the calculator helps you check your potential eligibility in seconds.

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How to Use the Calculator

1. Select whether you have a Nationwide current account.
   This is the core requirement—without it, you are unlikely to qualify.
2. Answer if you have £100 or more in savings with Nationwide.
   Even small savings balances count if they meet the threshold.
3. State if you hold a Nationwide mortgage or loan.
   If you don’t have savings, a mortgage, or a loan can still make you eligible.
4. Click “Check Eligibility.”
   The tool will instantly tell you if you are likely to qualify for the Fairer Share Payment.

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Example Scenario

• Sarah has a Nationwide current account.
• She also has £500 in savings.
• She does not have a mortgage or a loan.

The calculator would confirm that Sarah is eligible.

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Why This Calculator Is Helpful

• Saves time: No need to search through Nationwide’s terms and conditions.
• Gives clarity: Quickly know if you should expect the payment.
• Budget planning: Helps you anticipate extra funds you might receive.
• Transparency: Ensures you understand why you are or aren’t eligible.

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Nationwide Fairer Share Payment Calculator FAQ

Q1: What is the Nationwide Fairer Share Payment?
A: It’s a one-off reward that Nationwide distributes to eligible members, typically around £100, as a way of sharing its profits.

Q2: Who is eligible for the payment?
A: Members with a Nationwide current account and either at least £100 in savings or an active Nationwide mortgage/loan.

Q3: Can I get the payment if I only have savings but no current account?
A: No. Having a current account is a key requirement.

Q4: Does the calculator guarantee eligibility?
A: No, it provides an estimate based on simplified rules. Final eligibility is determined by Nationwide.

Q5: When are payments usually made?
A: Payments are typically made once per year if Nationwide decides to issue them. Dates vary.

Q6: Do joint account holders both get paid?
A: Yes, if both are eligible in their own right. For example, if both individuals meet the criteria, each can receive the payment.

Q7: Will the calculator update if Nationwide changes its rules?
A: This version is based on general past eligibility criteria. If Nationwide updates its requirements, the calculator logic should be adjusted accordingly.