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NatWest £125 switch incentive

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  • Bot_65 wrote: »
    good to hear you successful
    As the Nat West web site shows the offer is also open to existing customers I thought I'd give it a go
    I've just been told by the Sales team this is not in fact the case .
    I challenged them on this drawing attention to their web site clearly stating that it is for existing customers but was told there had been some confusion about the wording !!!
    I'm disappointed

    The only person confused seems to be the sales person you spoke to!

    The T&Cs are very clear that existing customers can benefit. I also rang the switching team the day after I'd done my existing customer application last week (because I'd had no confirmation) and during the call I asked if it would qualify. They said yes. I would trust them more than the sales team.

    That said this is a good reminder to save a copy of the T&Cs as linked by KTF so you have them to hand if they later deny you the bonus and have changed/removed them on their system.
  • Trying to do this for my husband (not new to Natwest as we have a joint account, but needing a new sole account for this) we also experienced applying late at night on Tuesday and getting just a holding message saying he'd hear back about his application in 3-5 days. He tried again mid-morning today and it sailed through, account opened instantly, switch applied for.

    I recall when we applied for our joint account a year or so ago we did it late at night and it also got "stuck" and we never heard back until we chased it two weeks later then had to do it again anyway. For some reason their server really does not seem to like applications outside normal hours.
  • MABLE
    MABLE Posts: 4,236 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Switch completed today and everything set up. Will pay in the required £1500. Not sure if it has to be every month to qualify for the criteria but will pay in on a monthly basis just to be on the safe side. Also I chose the Select account.
  • MABLE wrote: »
    Switch completed today and everything set up. Will pay in the required £1500. Not sure if it has to be every month to qualify for the criteria but will pay in on a monthly basis just to be on the safe side. Also I chose the Select account.

    Just need to pay in £1500 before 16 March for the switch bonus. Not a monthly requirement.
  • Mchambers
    Mchambers Posts: 1,054 Forumite
    edited 18 January 2018 at 3:19PM
    My switch will be completed next week. Had a letter today from YB confirming switch. Will pay £1500 before 16/3/18 to get bonus. Very nice and easy for £175.
  • castle96
    castle96 Posts: 2,980 Forumite
    Part of the Furniture 1,000 Posts
    McC. £50 extra for you then ?
  • Frogletina
    Frogletina Posts: 3,914 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    castle96 wrote: »
    McC. £50 extra for you then ?

    Please don't encourage him :doh:
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • castle96
    castle96 Posts: 2,980 Forumite
    Part of the Furniture 1,000 Posts
    ah.. see it/understand now
  • Consumerist
    Consumerist Posts: 6,311 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ok. i received the Account Application Form today for a REWARD (PRIVATE) current account. I spoke to the switching team who advise that if you do not qualify for the PRIVATE account they will open a standard Reward account anyway.

    Not sure that I trust them not to turn this into a dogs breakfast so I'll be watching progress carefully.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    Bot_65 wrote: »
    good to hear you successful
    As the Nat West web site shows the offer is also open to existing customers I thought I'd give it a go
    I've just been told by the Sales team this is not in fact the case .
    I challenged them on this drawing attention to their web site clearly stating that it is for existing customers but was told there had been some confusion about the wording !!!
    I'm disappointed

    To get the incentive it has to be applied online. Here is the link to the existing customer switch, and the link to the wording on the website.

    https://www.natwest.com/apps/secure/applicationforms_dda/asp/form.asp?appid=896&CCF=Y

    https://beta.natwest.com/personal/current-accounts/reward_account.html#switchoffer

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income 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 MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
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    Total £4095.19/£7332.95 = 55.84%
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