Advantage Gold and Natwest Mortgage

sarmia

On the net it says if you are a AG customer you can have reduced rates which arent on the website and save up to £500 on product fees. We are looking at the 10 yr fixed at 5.14%. Does anyone have an experience with an advantage gold discount. I dont yet have the account but thinking of opening one.
Thanks

sarmia

Also will opening a new bank account effect my credit rating?

jonnyd281

I have an Advantage Gold Account - my mortgage rate is a tracker @ .5% above BoE Base Rate.

sarmia

How did this compare to the 'standard' mortgages they took out at the time?
Thanks

Kavanne

sarmia wrote: »

How did this compare to the 'standard' mortgages they took out at the time?
Thanks

what was the monthly payment with and without ad gold? did it save you more than £12.95 per month?

sarmia

Hi,

I haven't been told another price with AG yet, I only saw it on there website but when i clicked nothing else came up. I will ring this morning and ask. If I can reduce the fee of £699 be great. I think you can cancel AG as well so if the monthly repayments are cheaper might be worth having for a while then canceling.

Jacka87

I was speaking to rbs about similar thing (rbs & natwest same people). They allow you to take out the mortgage with there royalties account (which is like advantage) and then after a few months you can cancel accountbut keep mortgage. Some of the rates they offer are cheaper etc. However for the ten year fixes the difference between royalties & non royalties customers is that only rbs royalties customers can currently get a 10yr fix! It has a fee of £699 so I think that will prob be same with natwest.