Latest news with #FlexStudent
Daily Mirror
02-07-2025
- Business
- Daily Mirror
Nationwide to give away free £280 bonuses - but only for certain customers
The world's largest building society is offering the bonuses to some new members - people eligible will receive £100 cashback, up to £120 in vouchers, and up to £60 more for referrals Nationwide, the world's largest building society, has announced plans to offer a group of customers up to £280 each in free bonuses. On Tuesday, July 1, it was revealed that some new members will receive £100 cashback, as well as £120 in vouchers, and up to £60 more for referrals. The building society is reintroducing these incentives with its FlexStudent current account, aimed at first-year university students. According to Nationwide, this account "attracted more than a quarter of the student current account market last year". It offers an interest and fee-free arranged overdraft of up to £1,000 in the first year, £2,000 in the second year, and £3,000 in the third year, along with commission-free purchases and cash withdrawals abroad. To qualify for these incentives, students must apply for a FlexStudent account from today and deposit £500 by December 2025, such as the first instalment of a student loan. The £100 cashback will be received within 14 days of the money being deposited into the account. Eligible accounts will also receive a £10 Just Eat voucher code every month for the first 12 months of the account being open. These can be used online and access will be provided within 14 days of the student becoming eligible, reports the Express. Students can also pocket an extra £40 in vouchers for bringing two mates on board, netting £20 each, while the mate nabs a cool £20 too. Exclusive to those with a FlexStudent account is access to FlexGraduate, a bespoke current account tailored for post-uni life, featuring an interest-free, fee-free arranged overdraft "designed to help students find their feet after university, allowing them time to pay off their overdraft once their course has finished". Savvy students could snag up to £280 in bonuses through the account: nabbing £20 when a pal refers them, plus getting £100 cashback, scooping £120 of Just Eat Vouchers, and for every duo of pals they successfully refer, bagging 2x £20 Just Eat vouchers.
North Wales Chronicle
01-07-2025
- Business
- North Wales Chronicle
Nationwide offering fresh £280 to thousands of customers
Today, Tuesday, July 1, Nationwide said some new members will receive £100 cashback, a well as £120 in vouchers, and up to £60 more for referrals. Nationwide said it is once again offering the boosts with its FlexStudent current account, for students in their first year of university. The account "attracted more than a quarter of the student current account market last year", according to Nationwide, and comes with an interest and fee-free arranged overdraft of up to £1,000 in the first year, £2,000 in the second year, and £3,000 in year three, as well as commission-free purchases and cash withdrawals abroad. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: To receive the incentives, students must apply for a FlexStudent account from today and deposit £500 by December 2025. Within 14 days of the money being put in the account, students will receive the £100 cashback. Eligible accounts will also receive a £10 Just Eat voucher code every month, for the first 12 months of the account being open. These can be used online, and access will be provided within 14 days of the student becoming eligible. Students can also get an extra £40 in vouchers for successfully referring two friends, £20 each, while the friend also pockets £20. Recommended reading: Those with a FlexStudent account will have exclusive access to FlexGraduate, a post-university current account with an interest-free, fee-free arranged overdraft "designed to help students find their feet after university, allowing them time to pay off their overdraft once their course has finished". But wait, there's more! Students can get up to £280 worth of bonuses with the account: £20 when a friend refers them, plus £100 cashback, £120 of Just Eat Vouchers, refers two friends successfully x2 £20 Just Eat vouchers.
The Herald Scotland
01-07-2025
- Business
- The Herald Scotland
Nationwide offering fresh £280 to thousands of customers
Nationwide said it is once again offering the boosts with its FlexStudent current account, for students in their first year of university. The account "attracted more than a quarter of the student current account market last year", according to Nationwide, and comes with an interest and fee-free arranged overdraft of up to £1,000 in the first year, £2,000 in the second year, and £3,000 in year three, as well as commission-free purchases and cash withdrawals abroad. Whether you want to speak to a real person in branch, or do your banking online, there are many ways you can bank with us. If you need support, get in touch: — Nationwide (@AskNationwide) January 2, 2025 To receive the incentives, students must apply for a FlexStudent account from today and deposit £500 by December 2025. Within 14 days of the money being put in the account, students will receive the £100 cashback. Eligible accounts will also receive a £10 Just Eat voucher code every month, for the first 12 months of the account being open. These can be used online, and access will be provided within 14 days of the student becoming eligible. Students can also get an extra £40 in vouchers for successfully referring two friends, £20 each, while the friend also pockets £20. Recommended reading: Those with a FlexStudent account will have exclusive access to FlexGraduate, a post-university current account with an interest-free, fee-free arranged overdraft "designed to help students find their feet after university, allowing them time to pay off their overdraft once their course has finished". But wait, there's more! Students can get up to £280 worth of bonuses with the account: £20 when a friend refers them, plus £100 cashback, £120 of Just Eat Vouchers, refers two friends successfully x2 £20 Just Eat vouchers.
Wales Online
18-06-2025
- Business
- Wales Online
Nationwide to send out £100 to millions from today but warns some will miss out
Nationwide to send out £100 to millions from today but warns some will miss out Nationwide is paying out a third round of its Fairer Share payments between June 18 and July 4 in a boost to millions of customers - here's everything you need to know Nationwide is to send out £100 to millions of people (Image: jax10289 via Getty Images ) From today, millions of Nationwide bankers will begin to receive £100 bonus payments, however not every customer will get it. The building society is distributing a third round of its Fairer Share payments between June 18 and July 4. Eligible customers should have received an email or letter from Nationwide with the bonus being paid directly into your current account, so there's no need to apply for it. To qualify for the payment, you must hold a qualifying current account, as well as a savings account or mortgage with Nationwide. The exact qualifying criteria for each type of Nationwide current account can be found below. Your current account must have been opened on or before March 31, 2025. For savings accounts, you must have had at least £100 saved at the end of any day in March, 2025. Article continues below If you have a mortgage, you must have had at least £100 left to pay off on March 31, 2025. Nationwide will distribute a total of £400 million to four million customers after its statutory profit before tax rose to a record £2.3 billion, reports the Mirror. This follows a separate £50 thank you bonus that Nationwide paid out to customers earlier this year following the Virgin Money takeover. Debbie Crosbie, Nationwide's Chief Executive, said: "Nationwide has had an outstanding twelve months. "We returned a record £2.8 billion in value to our members and recorded our highest ever year for growth in mortgage lending and retail deposit balances, and we remain first for customer service." Nationwide Fairer Share - qualifying current accounts Here is the additional qualifying criteria for each Nationwide current account: Article continues below FlexOne, FlexStudent or FlexGraduate: You must have received at least one payment in, or made one payment out of your account, during March, 2025. This does not count if you completed a switch to your account using the Current Account Switch Service between January 1, 2025, and March 31, 2025. You must have received at least one payment in, or made one payment out of your account, during March, 2025. This does not count if you completed a switch to your account using the Current Account Switch Service between January 1, 2025, and March 31, 2025. FlexAccount, FlexDirect or FlexBasic: In two of the three months of January, 2025, February, 2025, and March, 2025, you must have received at least £500 into your current account, not including transfers from other Nationwide accounts and have made at least a set number of payments out of your current account. Again, this does not count if you completed a switch to your account using the Current Account Switch Service between January 1, 2025, and March 31, 2025. In two of the three months of January, 2025, February, 2025, and March, 2025, you must have received at least £500 into your current account, not including transfers from other Nationwide accounts and have made at least a set number of payments out of your current account. Again, this does not count if you completed a switch to your account using the Current Account Switch Service between January 1, 2025, and March 31, 2025. FlexPlus: Pay the monthly fee for maintaining the account.
Daily Mirror
18-06-2025
- Business
- Daily Mirror
Nationwide £100 bonus payments being made to millions of customers from today
Nationwide is paying out a third round of its Fairer Share payments starting today - you can find out exactly who is eligible and when you can expect to be paid by below Millions of Nationwide customers will start to receive £100 bonus payments from today. The building society is paying out a third round of its Fairer Share payments between June 18 and July 4. If you are eligible for the cash, you should have received an email or letter from Nationwide. It will be paid directly into your current account, meaning you don't need to apply for it. In order to get the payment, you need to have a qualifying current account, plus a savings account or mortgage with Nationwide. You can find out the exact qualifying criteria for each type of Nationwide current account below. Your current account must have been opened on or before March 31, 2025. For savings accounts, you must have had at least £100 saved at the end of any day in March 2025. Get banking advice and deals straight to your WhatsApp! As banks market their latest switch offers and savings accounts, the Mirror has launched its very own Money WhatsApp community where you'll get all the latest banking advice and money-saving tips straight to your phone. We'll send you the latest breaking updates and exclusives all directly to your phone. Users must download or already have WhatsApp on their phones to join in. All you have to do to join is click on this link, select 'Join Chat' and you're in! We may also send you stories from other titles across the Reach group. We will also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose Exit group. If you're curious, you can read our Privacy Notice. If you have a mortgage, you must have had at least £100 left to pay off on March 31, 2025. The building society will pay out £400million in total to four million customers after its statutory profit before tax rose to a record £2.3billion. It comes after Nationwide paid out a separate £50 thank you bonus to customers earlier this year following the Virgin Money takeover. Debbie Crosbie, Nationwide's Chief Executive, said: 'Nationwide has had an outstanding twelve months. We returned a record £2.8billion in value to our members and recorded our highest ever year for growth in mortgage lending and retail deposit balances, and we remain first for customer service.' Nationwide Fairer Share - qualifying current accounts Here is the additional qualifying criteria for each Nationwide current account: FlexOne, FlexStudent or FlexGraduate: You must have received at least one payment in, or made one payment out of your account, during March 2025. This does not count if you completed a switch to your account using the Current Account Switch Service between January 1, 2025 and March 31, 2025. FlexAccount, FlexDirect or FlexBasic: In two of the three months of January 2025, February 2025 and March 2025, you must have received at least £500 into your current account, not including transfers from other Nationwide accounts and have made at least two payments out of your current account, or you must have made at least ten payments out of your current account. Again, this does not count if you completed a switch to your account using the Current Account Switch Service between January 1, 2025 and March 31, 2025. FlexPlus: Pay the monthly fee for maintaining the account.
