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NatWest £175 Reward

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Comments

  • Hi, I have a question about this switch... It says they will automatically close the account your switching from, but I have a credit card with my current bank that's linked to that account. What happens with that? Thanks...
  • PRAISETHESUN
    PRAISETHESUN Posts: 5,248 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    billyrees said:
    Hi, I have a question about this switch... It says they will automatically close the account your switching from, but I have a credit card with my current bank that's linked to that account. What happens with that? Thanks...
    If holding a current account is a requirement for also holding your CC, then your CC will likely be closed if you switch your current account.  Same goes for any linked savings accounts. You'll need to refer to the T&Cs of your credit card to know for sure. Outside of that requirement, they should function independently and closing one will not affect the other.
  • Thanks for the reply... I had the bank account long before I applied and got the CC, so it's not a requirement as far as I'm aware. On the application page for the CC it doesn't say you have to be an existing customer to qualify for it.
  • billyrees
    billyrees Posts: 6 Forumite
    Fourth Anniversary First Post
    I've just read that they've pulled the offer, but I applied for an account before that announcement. The first scan of my passport was rejected, but the second one was successful... I had a message on 30th March saying the switch is going ahead and will be completed by 9th April. Is this still within the window to get the offer?
  • ischris85
    ischris85 Posts: 498 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Received text today, to say I would receive my switch bonus of £175 on 13/05.
  • DCFC79
    DCFC79 Posts: 40,651 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 7 May 2020 at 12:29PM
    ischris85 said:
    Received text today, to say I would receive my switch bonus of £175 on 13/05.
    I also had the same text, it says its being paid early which is good, well we will see what happens.
    Now my next question is do I keep it or switch it to another bank.
  • ischris85
    ischris85 Posts: 498 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    DCFC79 said:
    ischris85 said:
    Received text today, to say I would receive my switch bonus of £175 on 13/05.
    I also had the same text, it says its being paid early which is good, well we will see what happens.
    Now my next question is do I keep it or switch it to another bank.
    I decided to upgrade my Natwest select to a Reward account.

  • DCFC79
    DCFC79 Posts: 40,651 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ischris85 said:
    DCFC79 said:
    ischris85 said:
    Received text today, to say I would receive my switch bonus of £175 on 13/05.
    I also had the same text, it says its being paid early which is good, well we will see what happens.
    Now my next question is do I keep it or switch it to another bank.
    I decided to upgrade my Natwest select to a Reward account.

    That's what I did from the start, just don't think Ill use it enough for the benefits. Will need to investigate it, might downgrade it and keep it for the time being and see what switch offers come up.
  • anderson24
    anderson24 Posts: 11 Forumite
    Part of the Furniture 10 Posts
    ischris85 said:
    Received text today, to say I would receive my switch bonus of £175 on 13/05.

    I received the text also, today is 13/05, but no money yet.
  • MikeWhite
    MikeWhite Posts: 626 Forumite
    Part of the Furniture 500 Posts Name Dropper
    ischris85 said:
    Received text today, to say I would receive my switch bonus of £175 on 13/05.

    I received the text also, today is 13/05, but no money yet.

    Two of us here, too, got the text but no money yet. Gift horse/mouth etc...
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