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Nationwide 5% cashback on supermarket spending
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GibbsRule_No3. said:Since I shop in M&S and they are not on the list, it doesn’t look like I would be eligible for this offer but I was wondering if you need to spend the full £200 at just one company in the month, or if it would be a combination of stores? Eg Tesco, Sainsbury, F&M (since they are on the list!), Aldi, Asda etc. Not impressed that M&S are not on there, assume it would be too hard to separate the food shopping from the clothes etc. Having said that other stores on the list have clothing/homeware lines. I am not going out of my way to buy gift cards. Spending £200 on food in M&S a month would be a natural monthly spend for me.0
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flaneurs_lobster said:RG2015 said:
The idea though that exploiting these offers somehow deprives poorer people, by denying them the chance to benefit from Nationwide's altruism, is a bit of a stretch.
Altruism would be Nationwide donating the £99 million to the Trussell Trust. Anonymously.
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I still haven't been officially told about this. No emails, no app messages etc.2
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RG2015 said:flaneurs_lobster said:RG2015 said:
The idea though that exploiting these offers somehow deprives poorer people, by denying them the chance to benefit from Nationwide's altruism, is a bit of a stretch.
Altruism would be Nationwide donating the £99 million to the Trussell Trust. Anonymously.1 -
ZeroSum said:I still haven't been officially told about this. No emails, no app messages etc.0
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km1500 said:
No, but I can read press releases..
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.”So Nationwide think it important to help members with certain current accounts shopping in (un)certain stores using a debit card rather than other payment methods, but don't think it important to help other members such as those paying by credit card?There has also been some coverage of people going back to using cash as a budgeting tool, so if Nationwide were really serious about this then they should be handing out an extra £10 for every £200 cash withdrawn by members from ATMs.It is all about promoting Nationwide current accounts - something which Nationwide have been doing (often to the disbenefit of members with other products) for a long time. This is just another iteration of the same old strategy.2 -
flaneurs_lobster said:RG2015 said:
The idea though that exploiting these offers somehow deprives poorer people, by denying them the chance to benefit from Nationwide's altruism, is a bit of a stretch.
Altruism would be Nationwide donating the £99 million to the Trussell Trust. Anonymously.
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Section62 said:km1500 said:
No, but I can read press releases..
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.”So Nationwide think it important to help members with certain current accounts shopping in (un)certain stores using a debit card rather than other payment methods, but don't think it important to help other members such as those paying by credit card?There has also been some coverage of people going back to using cash as a budgeting tool, so if Nationwide were really serious about this then they should be handing out an extra £10 for every £200 cash withdrawn by members from ATMs.It is all about promoting Nationwide current accounts - something which Nationwide have been doing (often to the disbenefit of members with other products) for a long time. This is just another iteration of the same old strategy.
Personally I don't care if it is just about promoting their current accounts as long as I profit from it I don't care if the bank benefits too. If I can get £10/mth from buying £200 worth of supermarket gift cards every month till April then I'll take it.0
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