New Natwest / RBS / Ulster Bank £200 Switch Incentive

Lou76

Another one here who has received the RBS bonus.

Switched Friday (24th), text received an hour ago (27th) confirming £200 incentive paid. 👍

ForumUser7

Has anyone been able to get the £200 incentive from 2 or more of the group banks at the same time?

flaneurs_lobster

ForumUser7 said:

Has anyone been able to get the £200 incentive from 2 or more of the group banks at the same time?

Me.

One was a swap into a very long-standing RBS account, the other was a brand new NatWest. No NatWest account held since the last century. 

I've got an Ulster Bank application/switch outstanding.

LightKnow

flaneurs_lobster said:

ForumUser7 said:

Has anyone been able to get the £200 incentive from 2 or more of the group banks at the same time?

Me.

One was a swap into a very long-standing RBS account, the other was a brand new NatWest. No NatWest account held since the last century. 

I've got an Ulster Bank application/switch outstanding.

??? RBS and natwest not same same ???

No issues having RBS and NatWest Switch together?

flaneurs_lobster

LightKnow said:

flaneurs_lobster said:

ForumUser7 said:

Has anyone been able to get the £200 incentive from 2 or more of the group banks at the same time?

Me.

One was a swap into a very long-standing RBS account, the other was a brand new NatWest. No NatWest account held since the last century. 

I've got an Ulster Bank application/switch outstanding.

??? RBS and natwest not same same ???

No issues having RBS and NatWest Switch together?

All totally within the T&C of each switch offer. There have been no previous switch rewards paid to me by any of the three banks.

ForumUser7

flaneurs_lobster said:

LightKnow said:

flaneurs_lobster said:

ForumUser7 said:

Has anyone been able to get the £200 incentive from 2 or more of the group banks at the same time?

Me.

One was a swap into a very long-standing RBS account, the other was a brand new NatWest. No NatWest account held since the last century. 

I've got an Ulster Bank application/switch outstanding.

??? RBS and natwest not same same ???

No issues having RBS and NatWest Switch together?

All totally within the T&C of each switch offer. There have been no previous switch rewards paid to me by any of the three banks.

'...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 1st October 2017 and 13th February 2023.'

I see how this works now - wait to do all three at the same time.

I wasn't going to partake in switching, because I was concerned about the high number of credit searches etc., but I think I will now - it's certainly very lucrative

Cambsalex

I still don’t understand how you can obtain a switching bonus from another of the NatWest group. I’ve switched from Lloyds to NatWest and am awaiting £200 (not had it yet 🥹) if I switched from Santander to RBS now would I get another £200? Surely not

flaneurs_lobster

Cambsalex said:

I still don’t understand how you can obtain a switching bonus from another of the NatWest group. I’ve switched from Lloyds to NatWest and am awaiting £200 (not had it yet 🥹) if I switched from Santander to RBS now would I get another £200? Surely not

Why not? One thing to watch for is that if you are applying for a new account, the switch must be requested at the same time. See also the exclusion clause in @ForumUser7 's last post. 

Cambsalex

So if I wanted 2x bonus you’re saying I should have applied at the same time? Noted if so and thank you. 

ForumUser7

Cambsalex said:

So if I wanted 2x bonus you’re saying I should have applied at the same time? Noted if so and thank you. 

If you haven’t received a switch incentive from NatWest group before 13th feb, I think the ts and cs are saying you should be fine to get all 3 now. I.e. if you did one on 15th for example, you could still do the others now