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Natwest/RBS to launch 3% cashback account

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  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    This could get interesting for those with a Santander 123 and dwindling balances.

    I will be closing my 123 come January as my household bills are low and I'm spending all my money... (house extension, just in case you think I'm frivolous). Plenty of accounts that pay more than 3% if I have any money left over.

    Until I can build up cash balances again, an account with 3% on DDs could be very handy. Will need to see the T+Cs when they come out though.
  • st999
    st999 Posts: 1,574 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I know this has been available to selected Natwest/RBS customers for a while

    So where are the details of this account?
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    st999 wrote: »
    So where are the details of this account?

    I wasn't aware anything had been made public yet.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Natwest/RBS have been leaking info about their plans selectively for a couple of months now. That's why the Press is starting to talk about it - see link in the OP. Actual T&Cs will not become publically available before the launch but you can rest assured that the offering will be available to Natwest and RBS customers. And who knows, may be also Ulster Bank ones.
  • st999
    st999 Posts: 1,574 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Details of the account that a selected few have been privileged to have that us common people have not.
    I know this has been available to selected Natwest/RBS customers for a while,

    Not the account that will be released on 12th October.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    st999 wrote: »
    Details of the account that a selected few have been privileged to have that us common people have not.

    All the information I - and I presume 99% of MSE forum members - have about this offer is in this thread. No need to sulk, you have been given the same information as anyone else on here has.
  • st999
    st999 Posts: 1,574 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No need to sulk

    I'm not sulking, I just want to know what account that the selected Natwest/RBS customers have that the OP is referring to?

    At least the privileged not sir Fred has gone.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Very simple, it's those customers holding one of the Natwest/RBS premium accounts. Copious information about it has been on the Natwest/RBS website ever since the offer was launched for them.
  • kpearsoncj
    kpearsoncj Posts: 248 Forumite
    Part of the Furniture Combo Breaker
    will it launch for england rbs?
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    colsten wrote: »
    Actual T&Cs will not become publically available before the launch but you can rest assured that the offering will be available to Natwest and RBS customers.

    Just to clarify, do you mean that the account will just be available to existing RBS Group customers?

    If the account is available to anybody that can open a new account with them, it seems almost redundant to say that only RBS Group customers can get it, as by default they'd become a customer while applying.
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