Millions more savers could soon receive Nationwide's £100 bonus payment [Yahoo! Finance]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
Company Research
Source: Yahoo! Finance
More than 3 million customers are understood to have become Nationwide members as a result of the deal agreed earlier this month. Virgin Money's business officially transferred to Nationwide on 2 April, bringing major changes for its customers. While the banks have said these savers will still be able to use Virgin Money's services as they did before, they are now technically Nationwide members. As a result, they are now in line to receive the building society's £100 ‘Fairer Share Payment', which has been given to customers in previous years, but is not guaranteed. Guidance from Nationwide states: “Nationwide Fairer Share payments are subject to financial performance and are not guaranteed. “Membership does not create an automatic right to any future payment. Any future decision on Nationwide's Fairer Share Payment will be for Nationwide's Board to consider. This would include any future decision on who is eligible to receive a Fairer Share payment.” Millions more savers co
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LYG
Sec Filings
- 4/20/26 - Form 6-K
- 4/17/26 - Form 6-K
- 4/16/26 - Form 6-K
- LYG's page on the SEC website