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The Independent UK
The Independent UK
National
Albert Toth

How 3m more Brits could be given Nationwide’s £100 bonus payment

  • Nationwide's takeover of Virgin Money has resulted in over 3 million Virgin Money customers becoming Nationwide members.
  • These new members are now potentially eligible for Nationwide's annual £100 'Fairer Share Payment'.
  • However, new members will not receive the bonus until 2027 at the earliest, having missed the March cutoff for 2026.
  • The 'Fairer Share Payment' is subject to Nationwide's financial performance and board approval, and is not guaranteed.
  • The £2.9bn acquisition has established Nationwide as the UK's second-largest mortgages and savings provider.

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