09 Dec
Does Nationwide Building Society do cashback?
Are you wondering if Nationwide Building Society offers cashback to its customers? Well, you’re in luck! Nationwide Building Society does indeed have a cashback program for its current account members. This scheme aims to provide cost of living support to Nationwide members, with a total of £100 million allocated for cashback.
Members of Nationwide Building Society can earn 5% cashback on both online and in-store spending at supermarkets using their Nationwide debit card. It’s a great way to save some extra money on your everyday purchases!
The cashback is capped at £10 per calendar month, so you can earn up to £120 a year just by using your Nationwide debit card. And the best part? You don’t need to do anything extra to receive the cashback – it will be automatically credited to your account. It’s that simple!
Key Takeaways:
- Nationwide Building Society offers a cashback program for its current account members.
- Members can earn 5% cashback on both online and in-store spending at supermarkets using their Nationwide debit card.
- The cashback is capped at £10 per calendar month, and it will be automatically credited to your account.
- The cashback program aims to provide cost of living support to Nationwide members.
- There is a total of £100 million allocated for cashback.
How does Nationwide’s cashback program work?
Nationwide Building Society offers a cashback program for its current account members, allowing them to earn 5% cashback on their supermarket spending. This includes both online and in-store purchases made using a Nationwide debit card.
The cashback offer is valid between 9 February and 30 April. To qualify for the cashback, members need to spend at least £200 on groceries within a calendar month. They can earn a maximum of £10 cashback per month based on their spending. The cashback earned will be credited directly to their current account.
Nationwide’s cashback program provides a great opportunity for members to earn rewards on their everyday purchases. By simply using their Nationwide debit card at participating supermarkets, they can earn cashback on their grocery shopping. This can help them save money and make their budget stretch further.
Supermarkets eligible for Nationwide cashback
When it comes to earning cashback with Nationwide, members have a wide range of supermarkets to choose from. In addition to major supermarkets such as Tesco, Sainsbury’s, Asda, Morrisons, Aldi, Lidl, Waitrose, Iceland, and the Co-op, there are also other grocery stores and convenience stores listed on Nationwide’s website where cashback can be earned. This means that members have plenty of options when it comes to their grocery shopping and can earn cashback at their preferred supermarket.
However, it’s important to note that there are some exclusions to the cashback offer. Cashback is not applicable to transactions made at petrol stations, in-store concessions, telecoms and financial services providers, specialist independent stores, PayPal transactions, and payments made outside the UK. So while Nationwide’s cashback program covers a wide selection of supermarkets, it’s important to be aware of the exclusions to ensure that cashback is earned on eligible purchases.
Eligible Supermarkets:
- Tesco
- Sainsbury’s
- Asda
- Morrisons
- Aldi
- Lidl
- Waitrose
- Iceland
- Co-op
By offering cashback at popular supermarkets, Nationwide aims to provide additional value to its members. Whether you are a regular shopper at Tesco or prefer the convenience of Aldi or Lidl, you can earn cashback on your grocery purchases with Nationwide. Just remember to check Nationwide’s website for the full list of eligible supermarkets and be mindful of the exclusions to ensure that you make the most of this cashback program.
Qualifying for Nationwide’s cashback offer
To be eligible for Nationwide’s cashback offer, you must have an adult Nationwide current account. The offer applies to various types of adult current accounts, including FlexPlus, FlexDirect, FlexAccount, FlexStudent, FlexGraduate, and FlexBasic. Whether you prefer to pay for your grocery shopping using your debit card, Apple Pay, Samsung Pay, or Google Pay, you can still qualify for the cashback.
There is no need to register or sign up for the offer. As long as you have an eligible current account and make your supermarket purchases through one of the accepted payment methods, you’re set to start earning cashback. It’s a hassle-free way to make the most of your everyday spending.
Here’s a quick summary of the eligibility criteria:
- Must have an adult Nationwide current account
- Accepted current accounts: FlexPlus, FlexDirect, FlexAccount, FlexStudent, FlexGraduate, and FlexBasic
- Accepted payment methods: debit card, Apple Pay, Samsung Pay, or Google Pay
By meeting these simple requirements, you’ll be on your way to earning cashback on your supermarket purchases with Nationwide.
Timeline for receiving cashback
As a Nationwide Building Society current account member participating in the cashback program, you may be wondering how long it takes to receive your cashback. The payment schedule is designed to ensure that you receive your cashback within a reasonable timeframe after the end of each calendar month.
For supermarket spending done in February, you can expect to receive your cashback by 11 April. If you earn cashback in March, it will be paid out by 12 May, and any cashback earned in April will be credited to your account by 12 June. This means that you will typically receive your cashback within six weeks of the end of the respective month.
Please note that these payment dates are approximate and may vary slightly. In some cases, you may receive your cashback earlier than the specified dates, but rest assured that Nationwide is committed to ensuring that you receive your cashback in a timely manner.
Summary
- Eligibility: Must have an adult Nationwide current account (excluding FlexOne).
- Qualifying Spend: Payments made at eligible supermarkets and convenience stores using your debit card, Apple Pay, Samsung Pay, or Google Pay.
- Exclusions: Cashback not applicable to transactions at petrol stations, in-store concessions, and outside of the UK.
By understanding and adhering to these terms and conditions, you can make the most of Nationwide’s cashback program and enjoy the benefits of earning cashback on your supermarket spending.
Conclusion
In conclusion, Nationwide Building Society offers an enticing cashback program for its current account members, providing them with a valuable opportunity to earn extra savings on their supermarket spending. With £100 million allocated for cashback, Nationwide aims to support its members’ cost of living expenses. By simply using their Nationwide debit card, members can earn a generous 5% cashback on both online and in-store purchases made at eligible supermarkets.
It’s important to note that the cashback offer is capped at £10 per calendar month, allowing members to enjoy a steady stream of savings throughout the year. The best part is, there’s no need to sign up or register for the program – the cashback will automatically be credited to their current account. Members can expect to receive their cashback within six weeks of the end of the calendar month, ensuring a timely payoff for their loyalty.
If any issues arise, such as missing cashback payments, Nationwide is readily available to assist. Members can contact Nationwide via phone, webchat, or by visiting a branch, and the dedicated team will ensure that any concerns regarding missing payments are addressed and resolved promptly. With Nationwide’s cashback program, members can maximize their savings and enjoy the benefits of being part of a trusted building society.
FAQ
Does Nationwide Building Society do cashback?
Yes, Nationwide Building Society offers a cashback program for its current account members.
How does Nationwide’s cashback program work?
Members can earn 5% cashback on both online and in-store spending at supermarkets using their Nationwide debit card. The cashback is capped at £10 per calendar month, and members will automatically receive the payment into their account.
Which supermarkets are eligible for Nationwide cashback?
Nationwide’s cashback program covers major supermarkets such as Tesco, Sainsbury’s, Asda, Morrisons, Aldi, Lidl, Waitrose, Iceland, and the Co-op, as well as other grocery stores and convenience stores listed on Nationwide’s website.
What are the eligibility criteria for Nationwide’s cashback offer?
To be eligible, individuals must have an adult Nationwide current account, including FlexPlus, FlexDirect, FlexAccount, FlexStudent, FlexGraduate, or FlexBasic. Members must pay for their grocery shopping using their debit card, Apple Pay, Samsung Pay, or Google Pay.
What is the timeline for receiving cashback?
Cashback payments from Nationwide are made within six weeks of the end of the calendar month. Payment dates ensure that members receive their cashback within a reasonable timeframe after the end of the respective months.
What should I do if I don’t receive my cashback?
If you believe you are eligible for the cashback offer but have not received a payment, you should contact Nationwide through phone, webchat, or by visiting a branch. They will investigate the issue and resolve any missing payments.
What are the terms and conditions for Nationwide’s cashback program?
Nationwide’s cashback program is in effect from 9 February to 30 April 2023. Cashback is earned on qualifying spend made with the current account debit card, with exclusions for certain types of transactions such as petrol stations, in-store concessions, and payments made outside of the UK.
Source Links
- https://www.nationwidemediacentre.co.uk/news/nationwide-announces-gbp-100-million-supermarket-cashback-to-help-members-with-rising-living-costs
- https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/current-accounts/resources/smd586-current-account-cashback-offer.pdf?rev=10185b113f91499989ffad8d53f93dbe
- https://www.themoneyedit.com/banking/bank-accounts/nationwide-cashback-supermarket-offer