Nationwide Building Society is back with a generous reward package—offering up to £280 in bonuses to eligible students. This comes as part of its FlexStudent current account promotion, specifically tailored to support first-year university students in the UK.
From £100 cashback to £120 in Just Eat vouchers and up to £60 in referral bonuses, the offer is designed to make student banking more rewarding and supportive. With thousands of students preparing for university, this limited-time opportunity is a big win for savvy savers.
What Is the Nationwide FlexStudent Account?
The FlexStudent current account is a student banking product by Nationwide, offering interest-free and fee-free overdrafts, cashback rewards, vouchers, and even overseas perks.
It’s available to first-year university students and has become extremely popular—garnering over 25% of the student account market last year.
FlexStudent Account Highlights:
- Up to £3,000 interest-free overdraft (over three years)
- Commission-free purchases and ATM withdrawals abroad
- Exclusive access to FlexGraduate account post-university
This isn’t just about free cash—it’s a financial tool designed to help students manage their money better, both during university and after graduation.
Nationwide £280 Bonus Breakdown
Nationwide’s latest offer includes a mix of cashback, monthly vouchers, and referral incentives—totaling up to £280 in value.
Here’s a detailed breakdown:
| Bonus Type | Amount | How to Qualify |
|---|---|---|
| Cashback | £100 | Deposit £500 into new FlexStudent account by December 2025 |
| Just Eat Vouchers | £120 | Receive £10 voucher per month for 12 months after opening an account |
| Referral Bonus (student) | £40 | Refer 2 friends, earning £20 voucher per referral |
| Referral Bonus (friends) | £20 | Each referred friend also receives £20 upon successful sign-up |
| Total Bonus Value | £280 | If all criteria are met |
How to Claim the £280 Nationwide Bonus
Getting your hands on the full £280 bonus is simple if you follow the correct steps. Here’s how it works:
Step 1: Open a FlexStudent Account
- Visit the Nationwide website or branch and apply for a FlexStudent account
- Ensure you’re a first-year university student
Step 2: Deposit £500 by December 2025
- This can include your student loan or other income sources
- Once deposited, you’ll receive £100 cashback within 14 days
Step 3: Enjoy Monthly Just Eat Vouchers
- Receive £10 Just Eat vouchers every month for 12 months
- Vouchers are provided within 14 days of eligibility
Step 4: Refer Your Friends
- Refer up to two friends
- Receive £20 in vouchers per successful referral
- Your friend also gets £20 when they open an eligible account
Who Is Eligible?
To take advantage of the Nationwide £280 student bonus, you must:
- Be starting your first year at university in the UK
- Be 18 or over
- Apply for a FlexStudent current account
- Deposit a minimum of £500 by December 2025
- Refer friends who also successfully open a FlexStudent account
What Happens After Graduation?
Students with a FlexStudent account will automatically be offered the FlexGraduate account after finishing university. This account includes:
- Up to 3 years to repay your overdraft
- No interest or fees
- A smoother financial transition post-graduation
Nationwide describes the FlexGraduate as a “financial safety net” to help graduates ease into their careers without financial pressure.
Why This Offer Is a Big Deal
In today’s economy, every pound counts. The Nationwide £280 bonus package not only offers instant perks like vouchers and cashback, but also helps students build a strong financial foundation.
With no hidden fees and perks like commission-free global transactions, this account is ideal for students preparing to manage independent finances.
The Nationwide FlexStudent offer is a limited-time opportunity to grab up to £280 in real bonuses. Whether it’s £100 cashback, £120 in free food vouchers, or a little extra for telling your friends—there’s real value on the table.
More importantly, students gain a reliable, fee-free current account tailored to university life and beyond.
If you or someone you know is starting university this year, this could be one of the smartest financial moves to kick-start student life.
FAQs
When will I receive the £100 cashback from Nationwide?
You will receive the £100 cashback within 14 days of depositing £500 into your FlexStudent account by December 2025.
Can I refer more than two friends for extra bonuses?
The current referral bonus is capped at two friends, allowing you to earn £20 per referral, totaling £40.
Are Just Eat vouchers available for all students?
Yes, as long as you open a FlexStudent account and meet eligibility, you’ll get £10 vouchers each month for 12 months.