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Nationwide to gift £50 to 12.3 million customers as ‘thank you’

Nationwide Building Society will give back to 12.3 million customers as a "thank you"
Nationwide Building Society will give back to 12.3 million customers as a "thank you" (Getty Images)
  • Nationwide Building Society will give £50 to 12.3 million customers as a "thank you" following its merger with Virgin Money.
  • The payments, which total more than £600 million, will be distributed between April 9 and May 14.
  • Eligible members must have had a savings or current account or mortgage with Nationwide at the end of September 2024, and have made at least one transaction or maintained a balance of £100.
  • Nationwide CEO Debbie Crosbie stated the payment acknowledges members' contributions to the building society's financial strength, which enabled the merger.
  • This follows previous member rewards, including £100 payments to some members in 2023 and 2024, totalling more than £3.5 billion returned in member value since April 2023.
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