Natwest £50 savings cashback loophole

Merlin139

I just shift my money out the day it arrives into a higher rate account.

wizk1

tonygee wrote: »

Mines due JULY, seem to recall simply stated '£50 cashback' no mention of 'interest' so would expect full 50....or else:cool:

I know there isn't any interest, which is why this is such a good deal :rolleyes:. Mine's due in September. So fingers crossed

10_66

7sefton wrote: »

Does anyone know... will the £50 be made automatically upon 12 monthly SOs being made, or is a manual claim required?

When this was on offer, the NatWest website stated:

"We will pay £50 into your savings account within 1 month after 12 consecutive monthly payments of at least £100 have been made".

cepheus

Did this have to be a standing order or would a manual movement of money into the savings account count?

10_66

cepheus wrote: »

Did this have to be a standing order or would a manual movement of money into the savings account count?

Standing Order, set up between 7 July and 6 September 2008, to start no later than 4 October 2008.

hammodt

Has anyone got their £50 yet?

wizk1

This could be interesting. I didn't set mine up until the beginning of September :-(

bradgirl

I can't believe you have to get a card reader just to withdraw your money! GRRRRR

atypical

You can also phone them.

metrobus

Since it is 1 year ago that this promo started people who took it out straight away should be getting the £50 within the next month.

Should be interesting.