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UPDATE: NatWest Switch bonus

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Comments

  • soulsaver
    soulsaver Posts: 6,656 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 24 February 2020 at 12:45PM
    "sbr40 said:
    I want to switch to this but I don't really want to close my other Halifax account, does anyone know if I can open a normal current account with another bank then switch that immediately to Natwest? I've read reports of others doing similar but just wanted to see if anyone has done it for this purpose. 
    Thanks"
    Yep lots of people on here have done it. Best wait for the card to arrive and deposit a few £££s
  • sbr40
    sbr40 Posts: 9 Forumite
    Second Anniversary First Post
    soulsaver said:
    "sbr40 said:
    I want to switch to this but I don't really want to close my other Halifax account, does anyone know if I can open a normal current account with another bank then switch that immediately to Natwest? I've read reports of others doing similar but just wanted to see if anyone has done it for this purpose. 
    Thanks"
    Yep lots of people on here have done it. Best wait for the card to arrive and deposit a few £££s

    Excellent, thanks.
  • pollypenny
    pollypenny Posts: 29,435 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just opened an account but having trouble uploading photo ID. The selfie was easy, but I cannot upload a photo of my driving licence.  Anyone got any tips?

    i took it on my iPad, which I used to complete the application form. 
    Member #14 of SKI-ers club

    Words, words, they're all we have to go by!.

    (Pity they are mangled by this autocorrect!)
  • The terms state I need to deposit £1,500 to recieve the bonus. If the balance transfered from my old account is £1500 or higher, is this classed as satistying this or do I need to actually pay in £1500?
  • Will you still get the switching bonus if you pay in £1500, and then transfer that straight away to another account. Or do you have to leave the £1500 in the account. Thanks!
  • abz88
    abz88 Posts: 312 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Will you still get the switching bonus if you pay in £1500, and then transfer that straight away to another account. Or do you have to leave the £1500 in the account. Thanks!
    Nothing in the T&Cs about having to leave the money for any length of time.
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,913 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    There's no requirement for the money to stay in the account for any length of time - you can pay straight in/out. I'm not sure if any money transferred by a CASS switch will count however, so I'd probably pay in/out anyway just in case. 

    As for ID issues - if you're having trouble you could try uploading an alternate piece of documentation? Otherwise when I had this issue a quick branch visit sorted me out.
  • abz88
    abz88 Posts: 312 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Update: Message received from NatWest today confirming that they will be paying the £175 early on 13/05/2020
  • clowning
    clowning Posts: 132 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    I too had a text informing me that I would receive the money on 13th. Great news  :)
    #66
  • fenwick458
    fenwick458 Posts: 1,522 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    abz88 said:
    Update: Message received from NatWest today confirming that they will be paying the £175 early on 13/05/2020
    what were the original payout dates specified in the t's & c's anyone, I can't find them now?
    for both Natwest and RBS if possible, I think RBS is roughly 2 weeks later than Natwest.

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