£50 Bonus from Nationwide is Coming: Are You on the List?
Hey, have you heard the latest? Nationwide is sending out a £50 bonus to over 12 million of its members, and if you're eligible, you might be seeing that extra cash hit your account sooner than expected.
This isn’t just some rumour flying around—Nationwide has officially confirmed the dates. Most people who qualify will get their £50 by April 30, 2025 . If you’re someone who doesn’t have an active bank or savings account with them anymore, no worries—Nationwide will send you a cheque instead, and those are expected to land by May 14, 2025 . You’ve even got until January 1, 2026 to cash it in before it expires.
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So, who’s actually getting this money? Well, it’s part of what Nationwide is calling their “Big Nationwide Thank You” —a bonus following their acquisition of Virgin Money last year. To be eligible, you had to be a member as of September 30, 2024 , and you must still be a member at the time they pay out. You also need to have either done at least one transaction in the 12 months up to that September date, or kept at least £100 in a Nationwide current or savings account—or owed that much on a Nationwide residential mortgage.
And this part is important—only people with qualifying products like a savings account, current account, or mortgage in their own name count as members. If you just have a personal loan, a credit card, or even an investment account with them, unfortunately, you won’t make the cut. Also, if you're managing someone else's account—for example, through a power of attorney—you won’t be considered eligible either.
Now here’s something interesting: if you switched to a Nationwide current account using the official Current Account Switch Service between July 1 and September 30, 2024 , you’re also in! That was a window where new members could qualify, so if you took that opportunity, this might be your reward.
Nationwide is spreading more than £600 million across its members in this round alone. Last year, they gave out a £100 bonus to 3.85 million members, and they’ve even hinted at another potential £100 payment coming up in May, depending on how well they perform financially this year.
So if you’re a member, go check your account. That £50 could be just around the corner—and if you're not sure, it might be worth reaching out to Nationwide or logging into your account to confirm. In times like these, every bit counts. Whether you use it for bills, groceries, or just a little treat for yourself, that bonus is a nice gesture and a rare example of a financial institution giving back to its customers in a meaningful way.
Keep an eye on your account—Nationwide’s “thank you” is real, and it’s arriving soon.
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