Nationwide’s Simply Rewards scheme is closing – will other Visa cashback deals to follow?

Whilst this isn’t strictly travel related, I wanted to flag that Nationwide is closing its Simply Rewards cashback programme on 1st April.

This is because “Nationwide have decided to simplify their offering and focus on their core products and services” according to an email to members.

Simply Rewards offers registered Nationwide Visa debit and credit card holders cashback rewards whenever they used their cards at selected retailers.  It seems a little odd to close the scheme, since it is organised by Visa, presumably doesn’t cost Nationwide any cash and is useful to cardholders as long as a decent flow of offers is coming through.

It will be interesting to see if ALL Visa cashback sites are closing or if this is simply Nationwide acting on its own.

The offers on the HSBC one are a bit weird, to put it mildly, which is odd given the clout that Visa must have to negotiate deals.  Blue chip retailers they are not …. Protein World is currently the headline cashback deal.  The only well known business at present is ao.com but I doubt 1% cashback is going to get anyone excited.

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Want to earn more points from credit cards? – December 2023 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

SPECIAL OFFER: Until 9th January 2024, you will receive 30,000 Membership Rewards points (convertible to 30,000 Avios) with American Express Preferred Rewards Gold. You receive 25,000 points if you spend £3,000 in three months and a further 5,000 points if you hold the card for 15 months. You can apply here.

SPECIAL OFFER: Until 9th January 2024, you will receive a huge 100,000 Membership Rewards points (convertible to 100,000 Avios) with The Platinum Card. You receive 75,000 points if you spend £10,000 in six months and a further 25,000 points if you hold the card for 15 months. You can apply here.

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers:

For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.