{"id":107363,"date":"2025-04-06T10:30:00","date_gmt":"2025-04-06T09:30:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=107363"},"modified":"2025-04-06T10:24:01","modified_gmt":"2025-04-06T09:24:01","slug":"nationwide-thank-you-customers-50-bonus","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/nationwide-thank-you-customers-50-bonus\/","title":{"rendered":"Nationwide Launches \u00a350 Bonus for Eligible Members \u2013 Here\u2019s How You Can Claim Yours"},"content":{"rendered":"\n

Nationwide Building Society will begin issuing \u00a350 payments to eligible members from Wednesday, 9 April. This initiative, called the Big Nationwide Thank You<\/a><\/em>, aims to reward customers who have helped strengthen the society\u2019s financial position.\u00a0<\/p>\n\n\n\n

The bonus highlights Nationwide\u2019s commitment to its mutual model, benefiting its 12 million members rather than shareholders. While millions of members stand to benefit, not all customers will qualify for the bonus. <\/p>\n\n\n\n

Eligibility depends on account activity up to September 2023, and only those with active accounts or mortgages during that time will receive the payment.\u00a0This initiative follows Nationwide\u2019s acquisition of Virgin Money, reflecting its ongoing strategy to offer direct benefits to its members.<\/p>\n\n\n\n

Nationwide Announces Member Bonus Amid Virgin Money Acquisition<\/h2>\n\n\n\n

Nationwide Building Society has confirmed that payments of \u00a350<\/strong> will begin landing in eligible customers\u2019 bank accounts from Wednesday, 9 April. The initiative, described as the Big Nationwide Thank You<\/em>, is intended to recognise long-term members for their role in strengthening the society\u2019s financial position.<\/p>\n\n\n\n

The move follows Nationwide<\/a>\u2019s recent takeover of Virgin Money<\/strong>, which was completed to expand its presence in the UK\u2019s financial sector. As the country\u2019s largest building society, Nationwide has emphasised the significance of its mutual model \u2014 owned by its members rather than shareholders \u2014 and has framed the bonus as a benefit of this structure.<\/p>\n\n\n\n

Not All Customers Will Receive the Bonus Despite Wide Eligibility<\/h2>\n\n\n\n

While the \u00a350 bonus will reach a large proportion of Nationwide\u2019s 12 million members, several conditions will prevent some customers from qualifying. According to Nationwide<\/em><\/strong>, members must have held an eligible current account, savings account, or mortgage with the building society on 30 September 2024.\u00a0<\/p>\n\n\n\n

Furthermore, customers were required to have shown recent account activity \u2014 either through at least one transaction or a minimum balance of \u00a3100 in any of the eligible products \u2014 in the 12 months preceding September.<\/p>\n\n\n\n

Accounts deemed dormant, or no longer actively used during that period, will not be included in the payment rollout. In addition, customers <\/a>must still hold an active Nationwide account or mortgage at the time of the payout in April.\u00a0<\/p>\n\n\n\n

Anyone who has closed their accounts or switched providers since the qualifying date will not be eligible, nor will new customers who joined the society after the cutoff period.\u00a0<\/p>\n\n\n\n

The society’s CEO, Debbie Crosbie<\/strong>, stated: \u201cNationwide became even stronger when it bought Virgin Money and we are already improving services for its customers. The Big Nationwide Thank You recognises the role our members played in building the financial strength that made the deal possible.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Nationwide\u2019s \u00a350 bonus payment, part of the Big Nationwide Thank You, will be hitting customer accounts soon. However, eligibility comes with certain conditions that exclude many account holders. Customers who have not shown recent account activity or those who left the building society after September 2023 will miss out. <\/p>\n","protected":false},"author":10,"featured_media":107370,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-107363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/107363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=107363"}],"version-history":[{"count":3,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/107363\/revisions"}],"predecessor-version":[{"id":107378,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/107363\/revisions\/107378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/107370"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=107363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=107363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=107363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}