Nationwide hands £50 ‘thank you’ to 12m customers after Virgin Money buyout - The building society said the move, which will cost about £600 million, is to thank customers after the banking megadeal last year.

As a result of the takeover, Nationwide will pay around 12 million customers a share of more than £600 million to thank them for enabling the purchase of Virgin Money - meaning they will each receive £50.

MILLIONS of Nationwide customers have now been issued alerts about the building society’s bonus payment. Next month, 12million members will receive a one-off £50 as a gesture of gratitude to

Nationwide is to pay £50 to more than 12 million customers, which it described as a “thank you” following the purchase of Virgin Money last year.

Nationwide has announced that more than 12 million customers will each receive a £50 payment under its new 'Big Nationwide Thank You' initiative. The building society says the bo

More than 12 million customers of Nationwide will each receive a payment of £50 following the takeover of Virgin Money. The Nationwide, the UK's largest building society, described the money as a "thank you" to its members,