{"id":252,"date":"2025-12-09T13:18:16","date_gmt":"2025-12-09T13:18:16","guid":{"rendered":"http:\/\/uniquebeautytips.com\/index.php\/2025\/12\/09\/nationwide-issues-three-week-deadline-for-customers-to-receive-50-payout\/"},"modified":"2025-12-09T13:18:16","modified_gmt":"2025-12-09T13:18:16","slug":"nationwide-issues-three-week-deadline-for-customers-to-receive-50-payout","status":"publish","type":"post","link":"http:\/\/uniquebeautytips.com\/index.php\/2025\/12\/09\/nationwide-issues-three-week-deadline-for-customers-to-receive-50-payout\/","title":{"rendered":"Nationwide issues three-week deadline for customers to receive \u00a350 payout"},"content":{"rendered":"
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\"New <\/div>
Payouts began going out in April (Picture: In Pictures via Getty Images)<\/figcaption><\/figure>\n

When Nationwide<\/a> acquired Virgin Bank in October last year, millions of eligible customers were issued with a ‘Thank You’ payment<\/a> of \u00a350 each.<\/p>\n

The cash, totalling over \u00a3600 million, was distributed from April 2025 to show gratitude to the 12 million members who helped enable the buyout with their loyal custom<\/a>.<\/p>\n

But although Nationwide has confirmed<\/a> all payments have been issued, a number of recipients could still miss out if they don’t claim what they’re owed soon.<\/p>\n

According to the building society<\/a>, those who chose to receive the money via cheque have just three weeks to deposit it, otherwise the money will be lost entirely.<\/p>\n

The deadline to cash cheques sent as part of ‘The Big Nationwide Thank You’ is January 1, 2026 <\/strong>– but since banks will be closed on New Year’s Day<\/a> and at various points over the Christmas<\/a> period, there’s even less time to act.<\/p>\n

Nationwide also highlighted that qualifying customers who haven’t received any updates have until this date to get in touch and confirm their details, either through online banking or by visiting one of its branches. <\/p>\n

Who was eligible for the Nationwide Big Thank You payment?<\/h2>\n

First thing’s first, It\u2019s important to note that this is separate from Nationwide\u2019s 2025 Fairer Share Scheme<\/a>; an annual May payout whereby \u00a3100 is added to accounts, \u2018depending on financial performance.\u2019 <\/p>\n

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Comment now<\/title><\/use><\/svg>Have you claimed your \u00a350 payout from Nationwide yet?<\/span><\/span>Comment Now<\/a><\/div>\n<\/section>\n
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This particular payment of \u00a350 was issued to any member who had a savings<\/a>, current account, or mortgage<\/a> at the end of September last year<\/strong>.<\/p>\n

To qualify, individuals needed to have completed at least one transaction in their current or savings account, or maintained a balance of at least \u00a3100 in their current account, savings, or mortgage, within the 12 months leading up to September 30, 2024.<\/p>\n

They must also have continued to hold their accounts or mortgage by the the time the payments were made in April 2025.<\/p>\n

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\"A <\/div>
The building society acquired Virgin Money last year (Picture: Bloomberg via Getty Images)<\/figcaption><\/figure>\n

Nationwide said in a statement: ‘On October 1, 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.<\/p>\n

‘To say thank you, we\u2019ve given over 12 million of our members \u00a350 each.’<\/p>\n

When were the Nationwide Big Thank You payments made?<\/h2>\n

Nationwide Big Thank You payments began going out from April 9, 2025<\/strong>, with payments completed by April 30.<\/p>\n

The building society explained at the time: \u2018Members with a Nationwide current account or instant and limited access savings will be paid directly into their accounts by the end of April.<\/p>\n

\u2018For mortgage members, Nationwide will pay the current account used to pay their mortgage Direct Debit by the end of April. Where this is not possible, or for any other mortgage payment type, a cheque will be issued by May 14.\u2019<\/p>\n

Other qualifying members \u2013 such as those with ISA and Bond accounts \u2013 would also have received their cheque by May 14.<\/p>\n

If you think you met the criteria but haven’t heard from Nationwide, or have an issue with your payment, you should contact the bank’s customer service team.<\/p>\n

Do you have a story to share?<\/strong><\/p>\n

Get in touch by emailing MetroLifestyleTeam@Metro.co.uk<\/a>.<\/strong><\/p>\n

<\/symbol> <\/symbol> <\/symbol> <\/mask> <\/g> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/g> <\/clipPath> <\/defs> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/path> <\/path> <\/path> <\/symbol> <\/path> <\/symbol> <\/path> <\/symbol> <\/path> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/path> <\/symbol> <\/symbol> <\/symbol> <\/path> <\/path> <\/symbol> <\/symbol> <\/symbol> <\/symbol> <\/svg>Comment now<\/title><\/svg><\/span> Comments<\/span> <\/a> Add Metro as a Preferred Source on Google<\/title><\/svg><\/span> Add as preferred source<\/span> <\/a><\/section>\n","protected":false},"excerpt":{"rendered":"

After this date, the money will be lost.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-252","post","type-post","status-publish","format-standard","hentry","category-money"],"_links":{"self":[{"href":"http:\/\/uniquebeautytips.com\/index.php\/wp-json\/wp\/v2\/posts\/252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/uniquebeautytips.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/uniquebeautytips.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/uniquebeautytips.com\/index.php\/wp-json\/wp\/v2\/comments?post=252"}],"version-history":[{"count":0,"href":"http:\/\/uniquebeautytips.com\/index.php\/wp-json\/wp\/v2\/posts\/252\/revisions"}],"wp:attachment":[{"href":"http:\/\/uniquebeautytips.com\/index.php\/wp-json\/wp\/v2\/media?parent=252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/uniquebeautytips.com\/index.php\/wp-json\/wp\/v2\/categories?post=252"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/uniquebeautytips.com\/index.php\/wp-json\/wp\/v2\/tags?post=252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}