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Natwest switching offer now £175 until June 2019

24

Comments

  • RG2015
    RG2015 Posts: 6,090 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    RichYoung wrote: »
    what is meant in the terms and conditions as "using the account" every month?
    Would a DD or monthly transfer suffice?
    thanks!
    Where does it say "using the account" every month"?
  • metrobus
    metrobus Posts: 1,784 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Can the £1500 you need to fund the new Natwest acc include the money that was switched from your old account?

    TIA
  • RG2015
    RG2015 Posts: 6,090 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    2010 wrote: »
    DAK if you can switch a solo current account from say Tesco to a joint Natwest and still get this offer?
    The switch offer has the following quote.

    "Joint accounts will only be eligible for one payment."

    This appears to confirm that switching to a joint account is fine.
  • 18cc
    18cc Posts: 2,120 Forumite
    The question as to whether money switched counts towards the £1,500 has been discussed at length in other threads on this board

    there is no exact agreement so I think I'm right in saying that the consensus is don't chance it.
  • 2010
    2010 Posts: 5,513 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    metrobus wrote: »
    Can the £1500 you need to fund the new Natwest acc include the money that was switched from your old account?

    TIA

    I would almost empty the account that is being switched to be on the safe side.

    Then you can pay in the £1,500 at your leisure before 12th July 2019.
  • Lioness_Twinkletoes
    Lioness_Twinkletoes Posts: 1,573 Forumite
    So to clarify, you only need to pay in £1,500 once? Then you can use the account with as little as you like?
  • bsms1147
    bsms1147 Posts: 2,277 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Lioness_Twinkletoes wrote: »
    So to clarify, you only need to pay in £1,500 once? Then you can use the account with as little as you like?
    A one-off £1500 payment for the £125 switching offer, then use the debit card once a month until June 2020 for the remaining £50 payment.

    https://personal.natwest.com/content/dam/natwest/personal/current-accounts/documents/april19-nw-switcher-terms-conditions.pdf
  • 18cc
    18cc Posts: 2,120 Forumite
    Yes and just for additional clarity you can transfer out part or all of the £1500 immediately or at any time of your choosing it doesn't have to stay there
  • GoldWings
    GoldWings Posts: 11 Forumite
    Part of the Furniture First Post Combo Breaker
    Do you think setting up a reoccurring online card payment eg Netflix would count as the ‘using debit card once a month’?
    Apologies if this has been covered before
  • 18cc
    18cc Posts: 2,120 Forumite
    not if direct debit but if you gave netflix the long card number then yes.
This discussion has been closed.
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