Nationwide Building Society £50 bonus – who is eligible and when can you expect payment?

Nationwide customers will share in the success of its recent banking takeover. Who will get the £50 bonus and what has the building society said about payment dates?

Nationwide Building Society logo outside branch
Nationwide Building Society will give over 12 million eligible customers a £50 "Thank You" bonus.
(Image credit: Mike Kemp/In Pictures via Getty Images)

Nationwide Building Society is paying millions of customers a £50 "Thank You" bonus to celebrate its takeover of Virgin Money.

Nationwide acquired Virgin Money in a £2.9 billion deal in October 2024. It marked the biggest UK bank takeover since the 2008 financial crisis, creating the UK's second-largest mortgage and savings group, and affecting one in three people.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.