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NatWest cuts cashback on Reward account and introduces hefty minimum pay-in
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RBS took £3 last month, waiting to see what they plunder this month - usually 24th or 25th.
Update: They took £2 this month.I’m a Forum Ambassador and I support the Forum Team on the Credit Cards, Savings & investments, and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.0 -
I still seem to be paying £3 a month, what I can't tell is whether the cash back rate has dropped or not
They did the same to me, while paying just 2% cashback, so I rang them up and strangely they refunded two months fees, not just two months overpayments!?! :beer:
Waiting to see what they do next.0 -
Previously if you had a rewards credit card it waved the fee for the rewards account. Does that still apply for new users? They seem to have redesigned the website with less detailed information...0
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It is the other way round. If you have a Rewards current account NatWest refund the annual £24 fee for the Rewards credit card. You will still pay the £2 monthly fee for the Rewards current account.Previously if you had a rewards credit card it waved the fee for the rewards account. Does that still apply for new users? They seem to have redesigned the website with less detailed information...
https://personal.natwest.com/personal/credit-cards/compare-credit-cards/reward-credit-card.html0 -
This thread is about changes that happened a year ago....0
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