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Nationwide fairer share 2026 - cash deposits
Comments
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As has been posted on here a few times, it's announced after their full-year end results in May - this year after 21st
Last year was on the 29th May
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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No email here. Not expecting anything until the end of year results (as mentioned by Nasqueron).
I've been doing a £500 in, and two transactions out every month since December. Worked last year, will adapt and overcome if not successful this year.
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I did that last year (albeit I did more than £500 as I bounced money around for the RBS fee) and did 3 card payments + £200 a month in the regular saver - you didn't mention savings by the way, that was the other criteria
The email was for Virgin customers by the way being told next year they can qualify if they haven't got Nationwide accounts, I got one too as I have an account with both
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Dont forget it's taxable. Rachel Reeves needs all the help she can get !
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It's taxable as NW class it as interest, same as the £50 thank you from last year
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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The law defines dividends paid by BS' to be interest.
https://www.legislation.gov.uk/ukpga/2005/5/section/372
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I did make the MSE recommended payments into my Flex Current Account from Jan - March 2026 but haven't heard anything from Nationwide. Was this a stand alone email they sent, or part of the "Savings Watch" email you can subscribe to ?
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No announcement is expected until after their full-year end results after May 21
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Even more reason to stop that other person incorrectly blaming someone for taxing it!
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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As I have posted as well previously if OP read the post!
Last year May 29th was the year end results and the same day they announced fair share
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
2
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