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.

Want to earn more points from credit cards? – December 2021 update

If you are looking to apply for a new credit or charge card, here are our November 2021 recommendations based on the current sign-up bonus. 

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the top current deals:

British Airways American Express

5,000 Avios for signing up, no annual fee and an Economy 2-4-1 voucher for spending ….. Read our full review

British Airways American Express Premium Plus

25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review

The Platinum Card from American Express

30,000 points and an unbeatable set of travel benefits – for a fee Read our full review

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.

American Express Business Gold

20,000 points sign-up bonus and free for a year Read our full review

American Express Business Platinum

40,000 points sign-up bonus and a long list of travel benefits Read our full review

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Capital On Tap Business Rewards Visa

The most generous Avios Visa or Mastercard for a limited company Read our full review

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:

Barclaycard Select Cashback Credit Card

1% cashback and no annual fee Read our full review