New NatWest Switching offer starting 24th Jan 2022

Zanderman
Zanderman Posts: 4,851 Forumite
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edited 23 January 2022 at 10:38PM in Budgeting & bank accounts
£150 switching offer launching tomorrow:

https://www.natwest.com/content/dam/natwest/personal/permanent/current-accounts/documents/nw-pers-switcher-terms-january-2022.pdf

(acknowledging danielwoolnough on hukd for posting there)

New customers 

To get £150, you must: 

(a) apply online for a NatWest Select, Reward, Premier Select or Premier Reward account (‘new eligible account’) via natwest.com or the mobile app between 24th January 2022 and 7th April 2022 by 5pm (the application must then successfully result in an open account) 

(b) as part of your application, transfer a non-NatWest current account to your new eligible account (which includes closing your non-NatWest current account and moving all your payment instructions to your new eligible account) using the Current Account Switch Service online or via the mobile app; and 

(c) after your new account is opened and before 12th May 2022, deposit £1,250 into your new eligible account and log into our mobile banking service. If you meet these conditions, we’ll pay £150 into your new eligible account by 9th June 2022. 2. 


Existing customers If you already have a NatWest Select, Reward, Reward Silver, Reward Platinum, Premier Select, Premier Reward or Premier Reward Black account (‘existing eligible account’) opened prior to 24th January 2022, to get £150 you must: 

(a) by 5pm, 7th April 2022, transfer a non-NatWest current account to your existing eligible account (which includes closing your non-NatWest current account and moving all your payment instructions to your existing eligible account) using the Current Account Switch Service online; and 

(b) before 12th May 2022, deposit £1,250 into your existing eligible account and log into our mobile banking service. If you meet these conditions, we’ll pay £150 into your existing eligible account by 9th June 2022.

Exclusions

You won’t be eligible for this offer if you’ve already taken advantage of a cash switcher offer from NatWest, Royal Bank of Scotland and/or Ulster Bank between October 2017 and 24th January 2022. 

Joint account holders will only be eligible for one payment. 

You can only benefit from this offer once, meaning that even if you apply, successfully open an account, and meet the conditions of this offer for more than one eligible account, you’ll only receive one payment.

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