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£50 Cashback with NatWest or RBS Invest

edited 3 July at 8:51AM in Savings & Investments
89 replies 5.5K views
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  • grantagranta Forumite
    79 posts
    Fifth Anniversary 10 Posts
    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?
  • veryintriguedveryintrigued Forumite
    3.2K posts
    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. 

  • grantagranta Forumite
    79 posts
    Fifth Anniversary 10 Posts
    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.
  • thenewcomerthenewcomer Forumite
    120 posts
    100 Posts Second Anniversary 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.
  • dcs34dcs34 Forumite
    242 posts
    Third 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
    Was the answer you got at 3:11 yesterday not convincing enough? 
  • edited 19 July at 11:09AM
    drphiladrphila Forumite
    170 posts
    Eighth Anniversary 100 Posts
    edited 19 July 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
  • thenewcomerthenewcomer Forumite
    120 posts
    100 Posts Second Anniversary 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.
  • st182st182 Forumite
    138 posts
    100 Posts Photogenic First Anniversary
    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 :) 
    Working on PPC = £200; PYD end 2020 #175; £7.8k target. Emergency fund = £0 / £1000.
    CC3 = £0; CC2 = £0; CC1 = £0; Mortgage = £haha
  • st182st182 Forumite
    138 posts
    100 Posts Photogenic First Anniversary
    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
    Working on PPC = £200; PYD end 2020 #175; £7.8k target. Emergency fund = £0 / £1000.
    CC3 = £0; CC2 = £0; CC1 = £0; Mortgage = £haha
  • edited 1 September at 10:09PM
    sparkiemalarkiesparkiemalarkie Forumite
    600 posts
    Sixth Anniversary 100 Posts
    ✭✭
    edited 1 September 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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