Nationwide giving customers 5% cashback on their supermarket shopping

From today Nationwide customers will receive 5 per cent cashback on their supermarket spend. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The building society is giving current account members cashback on their grocery spending until 30 April. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The 5 per cent cashback will apply to online and in-store purchases made with a Nationwide debit card at both large and small supermarkets. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The cashback is capped at £10 per calendar month per card, meaning members will receive the monthly maximum by spending £200. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

According to the latest data from the British Retail Consortium, food inflation accelerated to 13.8 per cent in January, up from 13.3% in December. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

Data from Nationwide’s Spending Report reveals that supermarkets were the top category for spending during the last year, with members making more than 54 million purchases a month, on average, amounting to around £1 billion. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

Members will receive the cashback payments into the account used to make purchases and those who have provided their mobile phone number will receive a text alert following the payment. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

Tom Riley, Director of Retail Products at Nationwide Building Society, said: “Food costs have risen sharply and many households now think carefully about how and where they shop.” ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

“We’re helping members with £10 a month cashback on supermarket spending – just one of the benefits of having a current account with the world’s biggest building society.” ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The cashback offer is part of Nationwide’s ongoing efforts to support its members who are facing rising costs. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The Society operates a dedicated freephone cost-of-living hotline and is providing support for members struggling with overdraft and credit card debt. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The Society has also streamlined support for those worried about rising rates on their mortgage repayments. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

New members who open a qualifying current account during the offer period will also be eligible for the cashback. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The qualifying accounts include FlexPlus, FlexDirect, and FlexAccount. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

  ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

Latest News