The high street building society is giving members who have its FlexStudent bank account £100 cashback and a year of Just Eat vouchers worth £120
Nationwide is giving new building society members a free £220 boost this year – however it’s only for a select few.
The high street building society is giving members who have its FlexStudent bank account £100 cashback and a year of Just Eat vouchers worth £120. The cash boosts will be available from today (July 16). The bank account is available to students and offers an interest-free, fee-free overdraft of up to £3,000. The FlexStudent account also does not charge for purchases and cash withdrawals abroad.
To get the cash boost you will need to apply for a FlexStudent account from 16 July and deposit £500 by December 13 2024 – this can be your first student loan payment. Once you have deposited the £500 you will then receive the £100 cashback payment within 14 days. From opening the account, students will then receive a £10 Just Each voucher every month for the first year. These vouchers can be used online.
Tom Riley, Director of Retail Products at Nationwide Building Society, said: “We think your student bank account should help you live your best life at university and we hope our cashback offer and Just Eat collaboration helps make their first year that little bit easier. Combined with the interest-free, fee-free arranged overdraft and commission-free usage abroad, we’re doing what we can to help make university life as simple and fun as possible.”
To be eligible for the student account, you will need to be:
- Be 18 or over
- Have been a UK resident for three or more years
- Not have another student bank account (if you do, you could move this to Nationwide)
- Have an unconditional offer or a conditional place on a full-time UCAS course of at least two years
- Be starting your course at a UK institution in five months or less, or have been on your course for less than 12 months
Nationwide is not the only high street bank tempting students with perks. Santander has today launched the chance for 20 students to win £27,750 – the entire cost of their university tuition. An additional 30 students can also win one year’s worth of tuition of £9,250. Alongside this, all new Santander Edge Student current account holders will get a free four-year Santander 16-25 Railcard card.
Andrea Melville, the director of Current Accounts, Savings and Business Banking at Santander said: “We all know that every penny matters when it comes to students’ finances. Whether it’s paying for rent, groceries, travel, or a night out, it all adds up – and as the new academic term is around the corner, we wanted to give our student customers a little helping hand. That’s why, our student account continues to offer the free railcard, making travel easier on the wallet, and for a limited time, we’ll be giving students the chance to win their tuition fees back.”
