Nationwide Building Society has recently launched a service designed to help people claim unclaimed benefits, providing up to \u00a3550 in additional monthly financial support. The service is part of a wider initiative aimed at addressing issues like digital exclusion, making it easier for people to access financial assistance that may otherwise go unnoticed. <\/p>\n\n\n\n
According to the Manchester Evening News<\/a><\/strong>, Nationwide\u2019s new offering includes an online calculator and a phoneline, though details about the exact scope of the service remain limited. The program seeks to simplify the often complex process of applying for benefits, ensuring more individuals can receive the support they are entitled to.<\/p>\n\n\n\n Each year, around \u00a323 billion<\/strong> worth of benefits go unclaimed in the UK, often due to complexities within the system. To address this, Nationwide has launched a service that includes both an online calculator and a free phoneline for anyone to use. This service aims to help people apply for the benefits they are eligible for, especially focusing on those who might face challenges with digital services.<\/p>\n\n\n\n Santander<\/strong>, like other major banks, has acknowledged the importance of accessible financial services, but Nationwide has taken a unique step by offering a dedicated phoneline, giving everyone, including those less digitally connected, the opportunity to benefit.<\/p>\n\n\n\n Since its launch in late June, 2,229 households<\/strong> have discovered they are eligible for an average of \u00a3554 extra per month<\/strong>, totaling over \u00a31.2 million<\/strong>. This amount is comparable to the typical UK household\u2019s monthly expenses for energy, council tax, water, insurance, and digital services. Nationwide is encouraging individuals to use this tool to potentially alleviate financial burdens, with Santander<\/strong> offering similar services but not providing a direct phoneline like Nationwide.<\/p>\n\n\n\n The \u00a3554<\/strong> per month is seen as a crucial support that could cover essential household expenses, such as energy bills<\/strong>, water rates<\/strong>, and even insurance premiums<\/strong>. It highlights the substantial benefit that could be unlocked by simply accessing the right information and support.<\/p>\n\n\n\n Nationwide’s service is designed with accessibility in mind. While the calculator is available online, Nationwide also offers a telephone service where experts can guide users through the process, ensuring that those who may not be comfortable with digital platforms have equal access to assistance. This dual approach is aimed at supporting a wider range of people.<\/p>\n\n\n\n In contrast, Santander<\/a><\/strong> has yet to offer a comparable, inclusive service that combines both online and telephone support to such an extent, underscoring the progressive nature of Nationwide’s offering.<\/p>\n\n\n\nA New Service to Tackle Unclaimed Benefits<\/h2>\n\n\n\n
The Impact of the \u2018Better Off\u2019 Calculator<\/h2>\n\n\n\n
Making the Process Accessible for Everyone<\/h2>\n\n\n\n
Addressing the Barriers to Claiming Benefits<\/h2>\n\n\n\n