Nationwide customers wake up to £50 payments arriving on doorsteps

NATIONWIDE WERE DUE TO HAVE SENT OUT ALL £50 CHEQUES ON MAY 14, WITH THE PAYMENTS SET TO ARRIVE ON DOORSTEPS 19:01, 20 May 2025 Nationwide Building Society has issued a key update on £50

payments going out to millions of customers. The group has been sending out the payments as a thank you gesture to over 12 million members, after the group acquired Virgin Money, reports

Express.co.uk. Payments have been issued as direct payments into bank accounts and also as cheques sent in the post. READ MORE: DWP £300 WINTER FUEL PAYMENT CHANGES 'COULD BE REVERSED

WITHIN WEEKS' JOIN OUR FREE MONEY SAVING WHATSAPP COMMUNITY FOR THE LATEST UPDATES May 14 marked an important deadline for the scheme as all cheques were due to have been sent out,

while all the direct payments were due by April 30. Customers should received a cheque via the post or can expect to do so in the coming days. Nationwide was asked for an update on the

payments and a spokesperson stated: "We are really pleased to confirm all payments have been made and cheques have been sent. "If you have been contacted by us to confirm you are

eligible and have not received the payment you can contact us in branch or over the phone." WHO IS ELIGIBLE FOR THE £50 NATIONWIDE BIG THANK YOU PAYMENT? To qualify to receive the £50

payment, you need to have been a Nationwide member on September 30, 2024, and still be a customer with the group when the payment is issued. You also need to have done one of several things

in the 12 months to the end of September 2024. This can be either: * Had at least one qualifying transaction on your Nationwide current account or savings account, or * Had at least £100 in

total in one or more of your Nationwide current accounts and savings accounts, or * Owed at least £100 in total on one or more Nationwide residential mortgages. A person will also qualify

for the payment if they completed a switch to any Nationwide current account, between July 1 and September 30, 2024, using the Current Account Switch Service. HOW IS THE £50 NATIONWIDE BIG

THANK YOU PAYMENT BEING ISSUED? All payments directly into bank accounts were sent out by April 30. You will have received the funds in a current account, instant access account or limited

access savings account in your name, if Nationwide was able to pay you in this way. Otherwise if you have a mortgage with Nationwide, the £50 would have been paid into the account used to

pay your mortgage direct debit. These payments were also all sent out by April 30. Article continues below In all other cases, customers will have been sent a cheque in the post, which were

all sent out by May 14.