Nationwide ‘On Your Side’ with credit card reward scheme
As part of its ‘On Your Side’ campaign Nationwide Building Society has launched a credit card reward scheme which should make shopping more enjoyable for its customers.
The scheme, which is available to the building society’s Visa debit and credit card customers, is designed to help their money go further.
It offers discounts at several leading retailers, with the launch offer including a 15 per cent discount at card and gift retailer Clintons on purchases to the value of £10 or more, and a 20 per cent discount at Hertz on selected destinations worldwide.
Discounts of up to 50 per cent are available, including on certain West End Theatre tickets.
Nationwide’s banking director Graham Pilkington said the scheme “rewards our loyal customers and is further proof of us being ‘On Your Side”.
Nationwide customers with a Visa debit or credit card can register for the scheme on the Simply Rewards website.
A number of credit card companies are currently offering cash-back rewards designed to help customers make their money go further over the expensive Christmas period.
Recent research by Defaqto looked at 13 credit cards currently offering cash-back rewards and found that the highest rate was offered by Capital One’s World MasterCard.
This offers an introductory 5 per cent cash-back on purchases for the first 99 days, with a maximum of £100 cash back on total expenditure of £2,000.
After the introductory period it provides 0.5 per cent cash-back on aggregate annual purchases of up to £6,000 and 1 per cent on purchases between £6,000 and £10,000.
Some cards offer rewards other than cash back, including air miles, points, and shopping rewards.