You are here: Home - Saving & Banking - News -

NatWest launches £150 switch offer

Written by: Danielle Levy
High street bank NatWest is hoping to lure new customers with a £150 offer to switch to their current account.

New and existing customers will be able to receive a £150 one-off payment after making NatWest’s Reward current account their main bank account.

In addition, the bank estimates that customers will be able to earn £83 on average each year in cashback on household bills. The switching offer is available between 7 January and 15 February 2019.

Customers who switch to NatWest’s Reward Silver, Platinum or Black accounts will be able to benefit from zero foreign fees on debit card purchases made outside of the UK and up to 40% off cinema tickets. Meanwhile, Platinum and Black customers will be entitled to personal car breakdown cover for vehicles they own or are travelling in, as well as mobile phone and travel cover.

To receive the £150 payment, £1,500 must be paid into the Reward account and customers need to log in online or through the mobile app before 22 March. If you have already received a cash offer from NatWest for switching to a new current account after October 2017, you will not be entitled to the payment.

David Crawford, head of NatWest current accounts, said: “One of the best New Year resolutions is getting on top of your finances. Anyone switching across to us will also be able to take advantage of a financial health check to make sure they are making the most of their money.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Falling diesel demand and Brexit blamed for decline in new car sales

Car sales in the UK fell by close to 7% in 2018 as consumer confidence declined ahead of Brexit and...