Key dates
November 2025
We wrote to Virgin Money customers to explain what the transfer to Nationwide means for them.
9 February 2026
This was the date we asked you to get in touch by if you’d like to object to the transfer directly to us.
23 February 2026
This was the date of the Court hearing to decide if the transfer could go ahead. Now that the Court hearing has passed, you can no longer object to the transfer.
February 2026
- We’ll get in touch with customers whose combined deposits with Virgin Money and Nationwide are going to be over the FSCS limit after the transfer. We’ll explain what options they have.
- We’ll contact Virgin Money ISA customers to confirm that their ISA Manager will change to Nationwide after the transfer.
24 February 2026 to 1 June 2026
Customers can withdraw money during this period, without notice or charges, if their combined deposits with Virgin Money and Nationwide will be over the FSCS limit after the transfer.
2 April 2026*
The transfer of Virgin Money’s business to Nationwide is expected to happen on this date.
Documents
- The Court Order and approved Scheme dated 24 February 2026
- Updated Scheme Document dated 18 February 2026
- Redline of updated Scheme Document dated 18 February 2026 against version dated 6 November 2025
- The Scheme Document dated 6 November 2025
- Updated Scheme Summary (also known as the Explanatory Statement) dated 18 February 2026
- Redline of updated Scheme Summary (also known as the Explanatory Statement) dated 18 February 2026 against version dated 6 November 2025
- The Scheme Summary (also known as the Explanatory Statement) dated 6 November 2025
- The Legal Notice dated 6 November 2025
Customer Templates
- VM44038v6 Your Questions Answered
- VM45941v3 Business Facility Customer of Virgin Money only
- VM45940v2 Business Facility Virgin Money and Customer of Nationwide
- VM45970v1 Business Asset Finance Customer of Virgin Money only
- VM45968v1 Business Asset Finance Virgin Money and Customer of Nationwide
- VM44945v3 Business Savings Customer of Virgin Money only
- VM44945v3 Business Current Account Customer of Virgin Money only
- VM44945v3 Business Borrowing Customer of Virgin Money only
- VM44945v3 Business Credit Card Customer of Virgin Money only
- VM44957v3 Business Savings Virgin Money and Customer of Nationwide
- VM44957v3 Business Credit Card Virgin Money and Customer of Nationwide
- VM44957v3 Business Borrowing Virgin Money and Customer of Nationwide
- VM44957v3 Business Current Account Virgin Money and Customer of Nationwide
- VM44940v1 Personal Loans Virgin Money Customer of Virgin Money only
- VM44952v1 Personal Loans Virgin Money and Customer of Nationwide
- VM44941v1 Mortgages Virgin Money Customer of Virgin Money only
- VM44953v1 Mortgages Virgin Money and Customer of Nationwide
- VM44942v1 Mortgages Clydesdale Bank Customer of Clydesdale Bank only
- VM44954v2 Mortgages Clydesdale Bank and Customer of Nationwide
- VM44916v1 Mortgages Guarantor Customer of Virgin Money Only
- VM44943v1 Current Account Mortgages Customer of Virgin Money only
- VM44955v1 Current Account Mortgages and Customer of Nationwide
- VM44937v2 M Power Current Customer of Virgin Money only
- VM44937v2 M Power Saver Customer of Virgin Money only
- VM45869v1 M Power Endorser Combined Customer of Virgin Money only
- VM45883v3 M Power Current Account Virgin Money and Customer of Nationwide
- VM45883v3 M Power Saver Account Virgin Money and Customer of Nationwide
- VM44937v2 Savings Customer of Virgin Money only
- VM44937v2 Current Account Customer of Virgin Money only
- VM44949v3 M Power Current Virgin Money and Customer of Nationwide
- VM44949v3 Savings Virgin Money and Customer of Nationwide
- VM44949v3 M Power Saver Virgin Money and Customer of Nationwide
- VM44949v3 Current Account Virgin Money and Customer of Nationwide
- VM45866v2 Children’s Savings Account Customer of Virgin Money only
- VM45881v2 Children’s Savings Account Virgin Money and Customer of Nationwide
- VM44938v1 Virgin Money Credit Card Customer of Virgin Money only
- VM44950v1 Virgin Money Credit Card Virgin Money and Customer of Nationwide
- VM44939v1 Virgin Atlantic Credit Card Customer of Virgin Atlantic only
- VM44951v1 Virgin Atlantic Credit Card Virgin Atlantic and Customer of Nationwide
- VM45854v2 Savings Deceased Customer of Virgin Money Only
- VM45854v2 Current Account Deceased Customer of Virgin Money Only
- VM45870v3 Savings Deceased Virgin Money and Customer of Nationwide
- VM45870v3 Current Account Deceased Virgin Money and Customer of Nationwide
- VM49204v2 ISA Deceased Important Information Customer of Virgin Money only
- VM44441v1 FSCS Important Information Virgin Money and Customer of Nationwide
- VM49203v2 ISA Power of Attorney Important Information Customer of Virgin Money only
- VM44442v2 ISA Important Information Customer of Virgin Money only
Staying safe and avoiding fraud
Fraudsters often take advantage of times of change to try and persuade people to transfer money or share personal or financial information.
Your sort code and account number aren't changing. Virgin Money or Nationwide will never ask you to move your money to another account or to change any Direct Debit or standing orders. We'll also never ask you for security details over the phone, by email or by text, so if someone does - please don't share this information with them.
Please be extra vigilant if you're contacted by phone, email or text from someone claiming to be from Virgin Money or Nationwide, asking you to take action.
If you're worried that you might have been targeted, call us straight away - ideally from another phone if possible. Report suspected fraud.
We'll do everything we can to help. You can keep up to date with the latest fraud and scams impacting customers - and learn how to stay safe - by visiting our fraud awareness section.
*These dates are subject to change and will be updated accordingly if required.