Natwest black reward card

stockylad

I have been offered by NatWest a Black Reward Credit Card without annual fee. It says there is no foreign transaction fees. I have a Halifax Clarity card which offers me the same but no rewards.


Anyone got a view or can tell me if one is equal to the other ?
Does "no foreign transaction fees" give me perfect exchange rates.


Will pay off in full every month.

eDicky

According to a Which? review this card has an £84 annual fee, so you are fortunate if you have it waived. It gives conflicting information about foreign usage costs:

"Offers a competitive rates of cashback, it has no charges for use overseas and personalised priority servicing."

"Foreign usage
Foreign usage fee (Europe) 3.0%
Foreign usage fee (worldwide) 3.0%"

http://moneycompare.which.co.uk/credit-cards/42558-natwest-cashback-plus-black-credit-card

- can you look in the card's T&Cs?

NiftyDigits

eDicky wrote: »

According to a Which? review this card has an £84 annual fee, so you are fortunate if you have it waived. It gives conflicting information about foreign usage costs:

"Offers a competitive rates of cashback, it has no charges for use overseas and personalised priority servicing."

"Foreign usage
Foreign usage fee (Europe) 3.0%
Foreign usage fee (worldwide) 3.0%"

http://moneycompare.which.co.uk/credit-cards/42558-natwest-cashback-plus-black-credit-card

- can you look in the card's T&Cs?

The 3% is for cash withdrawals and gambling transactions. They refund the annual fee if you utilise other qualifying NatWest products.

http://personal.natwest.com/content/dam/natwest_com/creditcards/downloads/nw_rewardblack_summary.pdf

Roger1

NiftyDigits wrote: »

They refund the annual fee if you utilise other qualifying NatWest products.

http://personal.natwest.com/content/dam/natwest_com/creditcards/downloads/nw_rewardblack_summary.pdf

More precisely:

Annual fee

We’ll charge a £84 annual fee when you first use your Reward Black credit card account (for example, by making a purchase or a balance transfer) and then each following year on the anniversary of that date.

Annual fee refund

If you hold or open one of our Reward Black current accounts, we’ll refund any annual fees that are charged to your Reward Black credit card account while the current account remains open. Each annual fee and refund will show on the same monthly credit card statement.

and

To get a Reward Black current account, you need to be aged 18 or over and UK resident, with either (i) £100,000 of annual personal income (paid into the current account); (ii) a NatWest mortgage of at least £300,000; or (iii) £100,000 of NatWest savings and investments. £28 monthly fee applies.

http://personal.natwest.com/personal/credit-cards/compare-credit-cards/reward-black-credit-card.html

There must be other benefits for £28 a month? When I looked at the Black Card a couple of years ago, it cost £24 a month then and included travel insurance, airport lounge access etc etc but no 0% f/x transactions.