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£50 Cashback with NatWest or RBS Invest

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Comments

  • granta
    granta Posts: 508 Forumite
    Tenth Anniversary 100 Posts Photogenic Name Dropper
    To qualify for the cashback, if i put in £100 in July, then can the 1st £50 payment be in August or does it need to be in July also?
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    granta said:
    To qualify for the cashback, if i put in £100 in July, then can the 1st £50 payment be in August or does it need to be in July also?
    See points 1. And 2.

    1. Start with an initial investment of at least £100 between 1-31 July 2020

    2. Set up regular monthly contributions by 31 August 2020

    3. Continue to make regular monthly contributions until 31 October 2020

    4. We'll then pay you £50 in November 2020 provided that you have met the terms of the offer. 

    This offer is available to first time Royal Bank Invest customers only. Ts&Cs apply.

    We may withdraw this offer before 31 July. 

  • granta
    granta Posts: 508 Forumite
    Tenth Anniversary 100 Posts Photogenic Name Dropper
    granta said:
    To qualify for the cashback, if i put in £100 in July, then can the 1st £50 payment be in August or does it need to be in July also?
    See points 1. And 2.

    1. Start with an initial investment of at least £100 between 1-31 July 2020

    2. Set up regular monthly contributions by 31 August 2020

    3. Continue to make regular monthly contributions until 31 October 2020

    4. We'll then pay you £50 in November 2020 provided that you have met the terms of the offer. 

    This offer is available to first time Royal Bank Invest customers only. Ts&Cs apply.

    We may withdraw this offer before 31 July. 

    Thanks, that's what I thought. The conversation above made me want to check! All good.
  • thenewcomer
    thenewcomer Posts: 165 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    granta said:
    granta said:
    To qualify for the cashback, if i put in £100 in July, then can the 1st £50 payment be in August or does it need to be in July also?
    See points 1. And 2.

    1. Start with an initial investment of at least £100 between 1-31 July 2020

    2. Set up regular monthly contributions by 31 August 2020

    3. Continue to make regular monthly contributions until 31 October 2020

    4. We'll then pay you £50 in November 2020 provided that you have met the terms of the offer. 

    This offer is available to first time Royal Bank Invest customers only. Ts&Cs apply.

    We may withdraw this offer before 31 July. 

    Thanks, that's what I thought. The conversation above made me want to check! All good.
    Isnt my screenshot the same as what was written in the above?

    Guys please help. I want to invest the minimum to get the cash back
    Aim to retire by 45.
  • dcs34
    dcs34 Posts: 664 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    granta said:
    granta said:
    To qualify for the cashback, if i put in £100 in July, then can the 1st £50 payment be in August or does it need to be in July also?
    See points 1. And 2.

    1. Start with an initial investment of at least £100 between 1-31 July 2020

    2. Set up regular monthly contributions by 31 August 2020

    3. Continue to make regular monthly contributions until 31 October 2020

    4. We'll then pay you £50 in November 2020 provided that you have met the terms of the offer. 

    This offer is available to first time Royal Bank Invest customers only. Ts&Cs apply.

    We may withdraw this offer before 31 July. 

    Thanks, that's what I thought. The conversation above made me want to check! All good.
    Isnt my screenshot the same as what was written in the above?

    Guys please help. I want to invest the minimum to get the cash back
    Was the answer you got at 3:11 yesterday not convincing enough? 
  • drphila
    drphila Posts: 344 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 19 July 2020 at 11:09AM
    schiff said:
    There is an age limit! 
    You mean lower age limit, under the general T&Cs?
    EDIT. Seen it now thanks, its on the 1st page of the application process and is 18-84
  • thenewcomer
    thenewcomer Posts: 165 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    dcs34 said:
    granta said:
    granta said:
    To qualify for the cashback, if i put in £100 in July, then can the 1st £50 payment be in August or does it need to be in July also?
    See points 1. And 2.

    1. Start with an initial investment of at least £100 between 1-31 July 2020

    2. Set up regular monthly contributions by 31 August 2020

    3. Continue to make regular monthly contributions until 31 October 2020

    4. We'll then pay you £50 in November 2020 provided that you have met the terms of the offer. 

    This offer is available to first time Royal Bank Invest customers only. Ts&Cs apply.

    We may withdraw this offer before 31 July. 

    Thanks, that's what I thought. The conversation above made me want to check! All good.
    Isnt my screenshot the same as what was written in the above?

    Guys please help. I want to invest the minimum to get the cash back
    Was the answer you got at 3:11 yesterday not convincing enough? 
    i dont mean that sorry. it was just that subsequent convo confused me. cheers for replying
    Aim to retire by 45.
  • st182
    st182 Posts: 164 Forumite
    Sixth Anniversary 100 Posts Photogenic
    I had a payment scheduled to leave my nawest current account on the 16th, last months went out fine, but this month it hasn't gone......... and I cant see it listed on my standing orders either- should it be? Sorry if i'm being a bit slow. Bit new to all of this :) 
    Pay Off Debts by Xmas 2025 debt £0/7400
  • st182
    st182 Posts: 164 Forumite
    Sixth Anniversary 100 Posts Photogenic
    st182 said:
    I had a payment scheduled to leave my nawest current account on the 16th, last months went out fine, but this month it hasn't gone......... and I cant see it listed on my standing orders either- should it be? Sorry if i'm being a bit slow. Bit new to all of this :) 
    sorry i've just seen last months was categorised as a transfer, so I assume it wouldn't be on my standing orders! last months was a day late, so i'll give it a few days and do it manually if nothing happens. Cheers
    Pay Off Debts by Xmas 2025 debt £0/7400
  • sparkiemalarkie
    sparkiemalarkie Posts: 941 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 1 September 2020 at 10:09PM
    Ok I have a problem with the regular monthly contributions.
    I set the contributions of £50 and to be sent on the last day of the month.
    The initial contribution of £100 was paid in July and also the first monthly payment of £50.
    The second monthly payment was to leave on the last  day of August however this was sent on 1st September ~ so no monthly payment was received in August
    The next contribution should arrive on 30th September and then the last day in October is a Saturday so it won't arrive until November.
    So it seems I have unwittingly broken the t&cs. I bet I'm not the only one.
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