Nationwide’s FlexStudent account offer has attracted significant attention this year, particularly among students looking to benefit from a range of banking rewards. The account provides various financial perks, including cashback, food delivery vouchers, and an interest-free overdraft, designed to ease the financial pressures often experienced by students.
These incentives have made the account a popular choice, offering both immediate rewards and long-term banking benefits.
To fully benefit from the package, students must meet specific requirements. As the offer draws to a close, it’s essential for eligible students to act promptly in order to secure the available rewards before the program ends.
What Does Nationwide’s FlexStudent Offer Include?
Nationwide’s FlexStudent account has become increasingly popular, especially among first-year students. The account offers up to £260 in cashback and Just Eat vouchers, with the total package reaching up to £280 when students use the referral scheme. This offer is an excellent way for students to receive a financial boost as they settle into university life.
The rewards consist of £100 in cashback, which is paid directly into your account within two weeks of meeting the deposit requirements. Additionally, you’ll receive £10 in food delivery vouchers every month for a year, which adds up to £120 over the course of 12 months. This is a welcome perk for students, especially when faced with the stress of university life and late-night study sessions.
Furthermore, Nationwide offers an interest-free overdraft to students, starting at £1,000 in the first year, increasing to £2,000 in the second year, and up to £3,000 in the third year and beyond. This overdraft facility provides students with a financial safety net, which can be invaluable during their time at university.
Important Deadlines and Eligibility Criteria
To take full advantage of the offer, students need to open a FlexStudent account by October 29, 2025, and credit their account with at least £500 by December 12, 2025. It’s worth noting that this £500 requirement can be met through multiple smaller transactions. Many students use their student loan instalment as the primary deposit, but you can achieve the £500 goal through various smaller deposits.
The deadline is fast approaching, and those who fail to meet the requirements won’t be able to access the full range of benefits. So, if you haven’t signed up yet, now is the time to act. As GB News reported, Nationwide has already seen strong demand for this offer, with many students eager to secure their rewards.
In addition to the cashback and vouchers, students can benefit from a £40 bonus through the referral scheme. If you refer two friends to Nationwide’s FlexStudent account, you can earn £20 in Just Eat vouchers for each successful referral, bringing your total rewards to £280. Additionally, students who are referred will receive £20 in Just Eat vouchers themselves, making it a win-win for both the referrer and the new customer.
Nationwide’s FlexStudent Account: A Top Choice for Students
Fred Powell, the Head of Product at Nationwide, shared that their FlexStudent offer attracted over 25% of the student current account market last year. Given its overwhelming popularity, Nationwide has decided to bring the offer back for a second year, making it even better and more rewarding for students.
Nationwide’s success with this offer can be attributed to its value and the extra benefits it provides to students. Beyond the financial perks, Nationwide has made efforts to engage students directly by holding promotional events at universities in Cardiff, Manchester, and Glasgow.
These events, which featured Olivia Attwood and Joe Baggs, offered free breakfasts and financial guidance to students at the “NationFried” pop-up cafés, creating an opportunity to both entertain and inform students about the benefits of the FlexStudent account.
The combination of substantial rewards, such as cashback and vouchers, and the flexibility of the overdraft facilities, make the FlexStudent account an excellent option for students seeking financial support during their university years.
