Nationwide 5% cashback on supermarket spending

newlywed

I guess if they are giving money back then they get to make up their own rules 

Katiehound

newlywed said:

I guess if they are giving money back then they get to make up their own rules 

except they seem to suggest that it is Visa who are making the decisions about which companies qualify.....

k_man

Katiehound said:

newlywed said:

I guess if they are giving money back then they get to make up their own rules 

except they seem to suggest that it is Visa who are making the decisions about which companies qualify.....

I assume/think that:
As this is likely based on MCC IDs, the food stores that are excluded, and part of a larger store, use their parent store's more general ID.

The included ones have a different MCC ID for the food halls.

Bazzalona13295

As I currently shop online with Iceland through Swagbucks - got the initial £15 with them and £10 with Top Cashback - I'm still ok to continue this way?

I'm assuming all that Nationwide will see is 'Iceland - £42.50' or whatever the figure is?

35har1old

Misleading  Daily Express Newspaper article

Nationwide Building Society offering account with interest rate of 5% - plus £120 cashback

At £10 per month, this means Nationwide Building Society members could get £120 in cashback throughout the year.
ONLY RUNS FOR TWO AND HALF MONTHS 

jadex

Newbie_John said:

surreysaver said:

Suppose I could do a trial purchase of a gift card of, say, £10 with my NatWest Reward credit card and see if I get the full 1% cashback with that. If I do, chances are it will work with Nationwide 

It will work, only supermarket knows what you purchased, not card provider.

On the other hand, just seen Aldi giftcards in store, so it may be a good idea to purchase £200 and then use it for shopping.

Might not be an issue for you but Aldi giftcards can only be used at manned checkouts.

flaneurs_lobster

35har1old said:

Misleading  Daily Express Newspaper article

Nationwide Building Society offering account with interest rate of 5% - plus £120 cashback

At £10 per month, this means Nationwide Building Society members could get £120 in cashback throughout the year.
ONLY RUNS FOR TWO AND HALF MONTHS 

Misleading? In the Daily Excess?!! 

Only surprise there is that anyone would describe the DE as a "newspaper".

Bridlington1

35har1old said:

Misleading  Daily Express Newspaper article

Nationwide Building Society offering account with interest rate of 5% - plus £120 cashback

At £10 per month, this means Nationwide Building Society members could get £120 in cashback throughout the year.
ONLY RUNS FOR TWO AND HALF MONTHS 

I suppose arguably you can earn £120 cashback. If I'm not mistaken you can have up to 4 Nationwide current accounts.

4 accounts at £10/mth for the full offer period comes to £120. Though in order to get this amount you would need to spend £2.4k in supermarkets by the end of April.

RG2015

Bridlington1 said:

35har1old said:

Misleading  Daily Express Newspaper article

Nationwide Building Society offering account with interest rate of 5% - plus £120 cashback

At £10 per month, this means Nationwide Building Society members could get £120 in cashback throughout the year.
ONLY RUNS FOR TWO AND HALF MONTHS 

I suppose arguably you can earn £120 cashback. If I'm not mistaken you can have up to 4 Nationwide current accounts.

4 accounts at £10/mth for the full offer period comes to £120. Though in order to get this amount you would need to spend £2.4k in supermarkets by the end of April.

No. It’s just sloppy journalism.

At least it is obvious, unlike some intentional fake news or misleading dramatic headlines purely for effect.

km1500

I have not seen any definitive proof that if you have n accounts you can get n amounts of £10 cashback
 

May have missed it of course.