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NatWest £125 switch incentive

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Just as I thought I'd exhausted every bank...up pops NatWest with a switch offer! £125 for switching, and no direct debits required. All you need to do is:
  • switch a non-NatWest account
  • deposit £1,500
  • log into online or mobile banking
All before 16 March (although you need to apply for the account by 16 February).


Happy days!
«134567217

Comments

  • B_G_B
    B_G_B Posts: 502 Forumite
    About half way down. The big red bit.
    https://beta.natwest.com/personal/current_accounts.html
  • Full t & c here: https://beta.natwest.com/content/dam/natwest/personal/current-accounts/documents/Switching_Offer_Terms_2018.pdf.

    My understanding is that it is limited to one incentive per customer - so you can't get it twice by (say) switching a joint account and a sole account
  • Just as I was about to give my credit files a rest. :rotfl:

    Tempted to just switch out Co-Op, as I may be dropping that once the Tesco DDs end anyway.
  • Just as I was about to give my credit files a rest. :rotfl:

    Tempted to just switch out Co-Op, as I may be dropping that once the Tesco DDs end anyway.

    Same here. I might switch halifax instead for the same reason though I have a regular saver with them and can't remember if holding a current account is a condition of that
  • vacheron
    vacheron Posts: 2,173 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 10 January 2018 at 4:28PM
    £6 in fees (assuming you leave after the payment on April 13th) for £125 back. I'll take that! :)
    • The rich buy assets.
    • The poor only have expenses.
    • The middle class buy liabilities they think are assets.
    Robert T. Kiyosaki
  • fabsaver
    fabsaver Posts: 1,305 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    vacheron wrote: »
    £6 in fees (assuming you leave after the payment on April 13th) for £125 back. I'll take that! :)
    There is no monthly fee with the Select account.
  • Sconeyj wrote: »
    Just as I thought I'd exhausted every bank...up pops NatWest with a switch offer! £125 for switching, and no direct debits required. All you need to do is:
    • switch a non-NatWest account
    • deposit £1,500
    • log into online or mobile banking
    All before 16 March (although you need to apply for the account by 16 February).


    Happy days!

    How many times have you switched?
    House Deposit: £5,015.37:j
    Make £2018 in 2018 - £1399.45/£2018
    Save 7k in 2018 #25
    Emergency Fund - £0/£1000 = 90%
  • 2 accounts now opened (for myself and OH). So I will wait until getting the Feb reward payment from Co-op\Halifax before switching - reckon I can squeeze in the March reward too and still switch before 16 March?
  • fabsaver
    fabsaver Posts: 1,305 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    This is perfect timing, with the £250 Yorkshire bank switching bonus having paid out this week.
    I was undecided about keeping the account and this has helped to make the decision for me :D

    I wonder if NatWest deliberately timed it that way.
  • Sconeyj
    Sconeyj Posts: 16 Forumite
    Third Anniversary 10 Posts Combo Breaker
    How many times have you switched?


    This will be my 9th switch, taking switching earnings to £1,330!
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