How easy is the NatWest Black Mastercard to get ?

Dannydebt

I notice this card has no Foreign transactions fees, but has a fee, but the Fee is waived if you have a Current account them.

How strict are they with the applications, I mean do you have to have 100% Credit Rating or are they flexible ?.

Thanks

[Deleted User]

There's no universal credit rating and no such thing as 100%.

Use the eligibility checker on their site to see if you may be accepted.

YorkshireBoy

Don't you have to have their £28 a month Reward Black current account in order to get the credit card fee waived?

And for that there's the small matter of the £100K per annum income, or £300K mortgage, or savings and investments of £100K with them to overcome.

After that I'd imagine it's plain sailing.

Dannydebt

YorkshireBoy wrote: »

Don't you have to have their £28 a month Reward Black current account in order to get the credit card fee waived?

And for that there's the small matter of the £100K per annum income, or £300K mortgage, or savings and investments of £100K with them to overcome.

After that I'd imagine it's plain sailing.

Yes that's true, I thought it would just be any current account with them and not necessarily the Black Current account.

Do you think they would just let you apply for the account and open it without the £100k up front, and then if £100k was not paid in 12 months later you could worry about it then ?.

Or are they likely to ask for proof of income etc. Although the Black account really is just a normal current account, so I cant imagine that they would be that fussy if you were still making them money by using the card and the account.

YorkshireBoy

Dannydebt wrote: »

Yes that's true, I thought it would just be any current account with them and not necessarily the Black Current account.

Why would you think that when it clearly says on their website?...

Have your annual fee refundedWe'll refund the annual fee for your Reward Black credit card if you also have a Reward Black current account. Monthly fee and eligibility criteria apply to the Reward Black current account.

Do you think they would just let you apply for the account and open it without the £100k up front, and then if £100k was not paid in 12 months later you could worry about it then ?.

No.

Or are they likely to ask for proof of income etc.

Are you suggesting committing fraud?...because the application form asks for both employer and salary. What would you enter in those fields?

Although the Black account really is just a normal current account

No it isn't!

so I cant imagine that they would be that fussy if you were still making them money by using the card and the account.

Really?

ManAtHome

Halifax Clarity and a can of paint would be easier...

JGUK

The wording is at best vague as to whether you need to be a Natwest Private customer to apply for the card.

I am *assuming* based on the wording that you can simply apply for the card regardless of if you are a Private Customer with the Black Rewards account.

You must be a mainland UK resident, over 18 years old and earning over £15k p.a. - seems to be the only real eligibility criteria and there is a soft checker apparently on their site.

So why not see if you might qualify ? You'll have to pay the annual fee though.

BlondBoy

I notice this card has no Foreign transactions fees, but has a fee, but the Fee is waived if you have a Current account them.

It does have a 3% fee on overseas cash withdrawals though. Difficult to see why anyone would favour this over Halifax Clarity for overseas use.

Marchitiello

JGUK wrote: »

The wording is at best vague as to whether you need to be a Natwest Private customer to apply for the card.

I am *assuming* based on the wording that you can simply apply for the card regardless of if you are a Private Customer with the Black Rewards account.

You must be a mainland UK resident, over 18 years old and earning over £15k p.a. - seems to be the only real eligibility criteria and there is a soft checker apparently on their site.

So why not see if you might qualify ? You'll have to pay the annual fee though.

I think it is pretty clear that anyone can apply as far as at least 18 yo and earning a min £15k pa. if you are a reward black bank account customer the £84 fee is waived.