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NatWest £125 switch incentive

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  • I have opened two new accounts with them. This wasn't intentional. It was because by mistake I gave the account number of my joint account with HSBC but meant to give the number for my sole HSBC account for the switch. They told me to apply again with the correct number so have ended up with two accounts. (Only hoping for one incentive amount obviously!) It's rather confusing that they don't have the account numbers on the debit cards. Anyway for both accounts I took my ID documents into my local branch. I keep getting emails from them telling me its my last chance to upload my documents to digidocs if I want the account to be opened. It does say to ignore the message if I have taken the docs into a local branch but have to say it is a little unnerving!
    I have also ordered a card reader twice, once about a week ago and the second time about 4 days ago but still waiting for it to come in the post.
  • leew
    leew Posts: 730 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Too late to the party here :( missed this somehow, existing customer for 30+ yrs and fancied £125, never mind.
  • aj_m
    aj_m Posts: 9 Forumite
    leew wrote: »
    Too late to the party here :( missed this somehow, existing customer for 30+ yrs and fancied £125, never mind.

    Friday was the deadline to apply to open a new account. If you already have one of the required accounts (NatWest Select, Reward, Select Silver, Reward Silver, Select Platinum, Reward Platinum, Black or Reward Black account) you just need to switch, deposit £1500 and log onto online banking by 16/03/18.
  • Malc00
    Malc00 Posts: 29 Forumite
    I have now completed all 3 points and can't believe how simple the whole process was!

    Sorry if this has been asked but I can't find the answer. When is the cash back paid? March?
  • ValiantSon
    ValiantSon Posts: 2,586 Forumite
    Malc00 wrote: »
    I have now completed all 3 points and can't believe how simple the whole process was!

    Sorry if this has been asked but I can't find the answer. When is the cash back paid? March?
    Paid by 13th April.
  • MABLE
    MABLE Posts: 4,238 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Can the balance being switching form part of the criteria of paying in £1500?
  • 18cc
    18cc Posts: 2,120 Forumite
    no it cant
  • badger09
    badger09 Posts: 11,622 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    18cc wrote: »
    no it cant

    Are you sure about that?

    @MABLE
    I can't see anything in the T&C which says that the balance on your switched in account isn't counted as a 'deposit' towards the £1500 required.

    However, as it is relatively:cool: easy to deposit an additional £1500 and withdraw it again, why not do that?
  • Badger50
    Badger50 Posts: 123 Forumite
    edited 19 February 2018 at 2:26PM
    I thought someone had asked Natwest about this and was told that the transfer balance did count?* But for the sake of making an additional transaction or two you might as well make an additional deposit. Belt and braces.

    *Post #539
  • MABLE wrote: »
    Can the balance being switching form part of the criteria of paying in £1500?

    Yes and that is exactly what I was told weeks ago by NatWest CS.

    However I still deposited £1500 additionally because you just never know!:D
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