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New NatWest Switching offer starting 24th Jan 2022

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Comments

  • cx6
    cx6 Posts: 1,176 Forumite
    1,000 Posts Name Dropper
    I also have but have done it anyway - you never know !
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,972 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Has anyone recieved their £150 yet?

    In the terms it says "by 9th of June", but also that if you close your account before the 9th of June you won't be paid.  This makes it sound like they're withholding the payment until that date.
    You'd be correct about that. From past experience, NatWest/RBS withhold paying their switch incentives until the last minute. I'd be expecting to get it paid into your account around 08th June.
  • samal
    samal Posts: 165 Forumite
    Part of the Furniture 100 Posts
    Any one has been paid the switching bonus from NatWest as yet?
  • kaMelo
    kaMelo Posts: 2,889 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    samal said:
    Any one has been paid the switching bonus from NatWest as yet?
    No one will have had it yet.
    One of the conditions for receiving the bonus;

    • If you close your new or existing eligible account before 9th June 2022, no payment will be made to you.

    That would suggest they will check accounts are still open on or around that date, only upon confirmation that they are will anyone receive the switching bonus.
    Going off past switching offers along with that condition I wouldn't expect anyone to receive anything until the 9th June at the earliest.
  • Rob5342
    Rob5342 Posts: 2,554 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Has anyone recieved their £150 yet?

    In the terms it says "by 9th of June", but also that if you close your account before the 9th of June you won't be paid.  This makes it sound like they're withholding the payment until that date.

    I switched an account to them last year for the switching bonus and they were quite slow to pay and did it quite close to the date I said. I transferred £500 back and forth from my savings account three times on the same day and got the bonus no problem.
  • Olinda99
    Olinda99 Posts: 2,042 Forumite
    1,000 Posts Third Anniversary Name Dropper
    not received my £150 yet but I suppose it's not the 9th June yet either.
  • I've just been on the online chat to them to chase and they're saying I haven't paid in £1250.. so I've added up my transactions of payments in from another bank in my name and I have over £3000 in March and over £2000 in April so I don't understand even if its £1250 a month I have or am I missing something ? I've given them the figures and waiting for a response.
  • kaMelo
    kaMelo Posts: 2,889 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Why bother them now? Wait until the bonus is due in June,  if youve fulfilled the conditions Ie, logged into the mobile app, paid in £1250 and switched,  then it is time to question them.
  • GingerTim
    GingerTim Posts: 2,704 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Just had a text message from Natwest to say that the £150 bonus 'is on its way and should be in your account by 09/06/2022'.
  • Thumbs_Up
    Thumbs_Up Posts: 965 Forumite
    500 Posts First Anniversary Name Dropper Photogenic
    edited 31 May 2022 at 3:56PM
    GingerTim said:
    Just had a text message from Natwest to say that the £150 bonus 'is on its way and should be in your account by 09/06/2022'.
    Me too.

    It will be spent on that bias corporation also know as the BBC  £159. I had to cross myself.




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