March 11, 2025, 08:53
12 million nationwide customers are available in cash.
Photo: Alamy
Millions of Britons receive £ 50 from a “thank you” from a large building society.
The nationwide pays £ 50 to over 12 million customers “thank you” after buying its 2024 Virgin money.
As a tribute to its millions of customers, the nationwide said, “This made it possible for financial strengths Nationwide members helped us build.”
The move costs the company over £ 600 million as it seems to cost “great nationwide praise” to customers.
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Nationwide Building Society Bank, UK.
Photo: Alamy
In November, the nationwide reported that Virgin Money, which it bought the previous month, was over £ 2.8 billion.
At the time of the transaction, CEO Debbie Crosbie said that the benefits would go to customer improvement.
Buying was the biggest bank agreement after the financial crisis.
After the transaction, Nationwide is the second largest provider of mortgages and savings accounts in the country.
When it bought a lender, the nationwide also stopped in the Virgin Money plan to close some of its branches as part of a promise not to leave any city, which currently has at least 2028.
Payments will be made on April 9 and will go to over 12 million members with savings or current account or mortgage at the end of September.
They also have a payment or savings or their savings or their balance at least £ 100, the company said.
Nationwide writes to members who receive a payment on March 11 so that they know how and when they receive cash.
National CEO Debbie Crosbie said: “The nationwide became stronger when it bought Virgin money and we are already renovating services for its customers.
“A big nationwide thanks to recognizing the role of our member in building the financial strength that made it possible for the trade.”
Payment is a separate national so -called. With the right stock fee system that regularly returns part of its profit to members.