Natwest Advantage Gold

ps10006

I have been with Natwest for years now, with the Silver account costing me £8 per month. With the advantage gold at £12.95 p/m i will get breakdown cover and save money on what im paying for breakdown at the minute. Question is, will i incur a credit search against me by Natwest if i apply to upgrade my account to the gold? I want to get a personal loan from Natwest in the next couple months, so will it effect that in any way also?

Many Thanks

InsideInsurance

Only Natwest can tell you if upgrading requires a credit check. Some banks it does, some banks it doesnt.

madgagoo

As long as you have the full version of select silver (I.e. not credit restricted version) then you won't be credit searched to change to advantage gold. If you have a cheque book, purple visa debit card or an overdraft limit then you have the full version, if you have a blue visa debit card AND no overdraft facility or cheque book then you MAY have credit restricted version. Check with telephone banking or your branch if you're not sure.

If you have the full version then gold or silver will make no difference to whether you will be accepted for a loan, however the gold will reduce your APR if you are accepted.

If you have credit restricted silver then this MAY mean you would be declined for a loan but again check first.

Hope that's clear!

chambta

Upgrading and keeping the same account number involves the branch keying a new code on your account, nothing more.