The Big Nationwide Thank You
We're giving over 12 million of our members £50 each.
What is The Big Nationwide Thank You?
On 1 October 2024, we completed the purchase of Virgin Money, becoming an even stronger force in UK banking. This was made possible by the financial strength Nationwide members helped us build.
To say thank you, we're giving over 12 million of our members £50 each as part of The Big Nationwide Thank You. Over £600 million in total.
Over 12 million members will receive a payment
£50 will be paid to each eligible member
Over £600 million in total given back to members
How did members qualify for the payment?
You must have been a Nationwide member on 30 September 2024. And still be a member when we come to make the payment.
In the 12 months to the end of September 2024, members must also have:
- had at least one qualifying transaction on your Nationwide current account or savings account, or
- had at least £100 in total in one or more of your Nationwide current accounts and savings accounts, or
- owed at least £100 in total on one or more Nationwide residential mortgages.
You also met the requirements if you completed a switch to any Nationwide current account. You just had to do so between 1 July 2024 and 30 September 2024 using the Current Account Switch Service.
For full details, including any exclusions that might apply, read our terms and conditions.
Check if you're eligible for The Big Nationwide Thank You
We're writing to members who will receive the payment. If you think you're eligible and haven't heard from us by 20 March 2025, there are ways you can check.
How does the £50 get paid?
If we can pay the money into a current account, instant access or limited access savings account in your name, we will do so. The payment should arrive by 30 April 2025.
If we can't, and you have a mortgage with us, we will pay £50 into the bank account used to pay your mortgage Direct Debit. As long as the account is in your name, the payment should arrive by 30 April 2025.
All other payments will be made by cheque. Cheques will be sent by 14 May 2025. They must be paid in by 1 January 2026 to make sure you don't miss out on the payment.
Is this different to Nationwide Fairer Share?
Yes, The Big Nationwide Thank You is in addition to the Fairer Share Payment we made last year.
We would like to make another Fairer Share Payment this year. This will depend on how we perform financially. We'll announce our decision when we publish our results for the 2024/25 financial year.
For more details, visit our Nationwide Fairer Share Payment page.
Frequently asked questions
Not yet a Nationwide member?
Becoming a member is easy. You simply have to bank, save or have a mortgage with us.
Current accounts
If you're looking for banking that puts you first, you'll find it when you choose us. We're the only banking provider to share our profits with our members and their communities.
Savings accounts
Explore our range of personal savings accounts and Cash ISAs to find the best savings accounts, interest rates and offers for you.
Mortgages
Whether you’re a first time buyer or looking for a better deal, we can help you find a mortgage that’s right for you.
Need extra support?
If you can't find the information that you're looking for, or need extra help. Try one of the options below.