{"id":126493,"date":"2026-10-06T07:00:00","date_gmt":"2026-10-06T06:00:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=126493"},"modified":"2026-10-06T00:49:03","modified_gmt":"2026-10-05T23:49:03","slug":"nationwide-customers-miss-out-on-500","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/nationwide-customers-miss-out-on-500\/","title":{"rendered":"Nationwide Customers Could Miss Out on \u00a3500 If They Don\u2019t Meet This Criteria"},"content":{"rendered":"\n<p>Nationwide Building Society customers taking out a qualifying mortgage could receive up to \u00a3500 in cashback through the lender\u2019s<strong> Green Rewards<\/strong> scheme. The incentive applies to eligible properties and has been highlighted alongside a two-year tracker mortgage currently priced at 4.22%.<\/p>\n\n\n\n<p>The offer was included in the latest selection of notable financial products identified by Moneyfactscompare.co.uk. According to the financial comparison service, Nationwide was among several lenders to increase mortgage rates during the week, although the product remained rated as a Best Buy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nationwide Mortgage Customers May Qualify for \u00a3500 Cashback<\/strong><\/h2>\n\n\n\n<p>The Nationwide product highlighted by Moneyfactscompare.co.uk is a two-year variable tracker mortgage available at 80% loan-to-value. Its current rate stands at 4.22%, following a smaller increase than some other tracker products offered by the lender.<\/p>\n\n\n\n<p>According to <strong>Caitlyn Eastell,<\/strong> personal finance analyst at Moneyfactscompare.co.uk, selected Nationwide tracker <a href=\"https:\/\/en.econostrum.info\/uk\/mortgages-and-retirement-hidden-cost\/\" data-type=\"post\" data-id=\"102332\">mortgages <\/a>increased by as much as 0.09%. The two-year 80% loan-to-value product saw a slightly smaller increase.<\/p>\n\n\n\n<p>The mortgage carries a<strong> \u00a3999 fee<\/strong>. It also includes a free property valuation, while customers whose properties meet the required criteria may qualify for up to \u00a3500 in Green Rewards cashback.<\/p>\n\n\n\n<p>Moneyfactscompare.co.uk described the product as remaining competitive despite the rate rise and retained its Best Buy status. The mortgage also received an Excellent Moneyfacts product rating.<\/p>\n\n\n\n<p>Eastell noted that tracker mortgages could attract borrowers while fixed mortgage rates are rising because their initial rates may currently be lower. She also pointed to the main risk attached to this type of mortgage: repayments can increase if the Bank of England base rate rises.<\/p>\n\n\n\n<p>The \u00a3500 figure therefore does not apply automatically to every Nationwide customer. It is linked specifically to qualifying properties under the<strong> <a href=\"https:\/\/www.nationwide.co.uk\/mortgages\/green-reward\" target=\"_blank\" rel=\"noopener\">Green Rewards<\/a> <\/strong>element attached to the mortgage product.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1200\" height=\"727\" src=\"https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2026\/10\/Nationwide-500-Green-Rewards-Cashback-on-Two-Year-Tracker-Mortgage-\u00a9Shutterstock-1200x727.jpg\" alt=\"\" class=\"wp-image-126496\" srcset=\"https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2026\/10\/Nationwide-500-Green-Rewards-Cashback-on-Two-Year-Tracker-Mortgage-\u00a9Shutterstock-1200x727.jpg 1200w, https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2026\/10\/Nationwide-500-Green-Rewards-Cashback-on-Two-Year-Tracker-Mortgage-\u00a9Shutterstock-380x230.jpg 380w, https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2026\/10\/Nationwide-500-Green-Rewards-Cashback-on-Two-Year-Tracker-Mortgage-\u00a9Shutterstock-520x315.jpg 520w, https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2026\/10\/Nationwide-500-Green-Rewards-Cashback-on-Two-Year-Tracker-Mortgage-\u00a9Shutterstock-1536x931.jpg 1536w, https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2026\/10\/Nationwide-500-Green-Rewards-Cashback-on-Two-Year-Tracker-Mortgage-\u00a9Shutterstock.jpg 1980w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-element-caption\"><em>Nationwide \u00a3500 Green Rewards Cashback on Two-Year Tracker Mortgage <\/em><br><em>\u00a9 Shutterstock<\/em><\/figcaption><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\"><strong>Other Savings and Switching Deals Were Also Highlighted<\/strong><\/h2>\n\n\n\n<p>Nationwide\u2019s mortgage was one of several financial products included in the latest Moneyfactscompare.co.uk Pick of the Week. The Union Bank of India\u2019s one-year Fixed Rate Deposit was also selected after its rate increased to 5.12%. According to Eastell, a customer placing the minimum \u00a31,000 into the account would earn around \u00a351 in interest over the course of a year.<\/p>\n\n\n\n<p>Early access to the money is not permitted, and additional deposits cannot be made after the initial investment. Existing Fixed Rate Deposit customers may receive a 0.10% bonus if they reinvest into another bond when the account matures.<\/p>\n\n\n\n<p>Starling Bank\u2019s Easy Saver was another product highlighted. It offers 5% AER on balances of up to \u00a325,000, including a<strong> 2.50%<\/strong> bonus that is subject to conditions. Customers can make unlimited withdrawals without penalties, although they must have or open a Starling Personal account and open the Easy Saver within 30 days of opening a new current account to receive the full rate.<\/p>\n\n\n\n<p>Barclays, meanwhile, has introduced a switching offer worth up to \u00a3300 on its Bank Account. Customers must use the Current Account Switch Service and meet conditions including depositing at least \u00a32,000.<\/p>\n\n\n\n<p>The account also provides access to Blue Rewards, members-only savings products and cashback opportunities with participating partners. It includes a \u00a315 interest-free buffer on arranged overdrafts and, like the other products selected, received an Excellent Moneyfacts product rating.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nationwide customers could qualify for up to \u00a3500 through a cashback scheme linked to selected mortgage products. The offer has been highlighted by a money expert, but the full amount is not available to everyone. Eligibility depends on the property and the conditions attached to the mortgage. Customers may need to check the details carefully before assuming they qualify.<\/p>\n","protected":false},"author":10,"featured_media":126497,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-126493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/126493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=126493"}],"version-history":[{"count":4,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/126493\/revisions"}],"predecessor-version":[{"id":126521,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/126493\/revisions\/126521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/126497"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=126493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=126493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=126493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}