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New Natwest / RBS / Ulster Bank £200 Switch Incentive

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  • Aidanmc
    Aidanmc Posts: 1,326 Forumite
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    anna42hmr said:
    thanks for the heads up on this one, am trying my luck with Ulster (have done RBS within the timeframe but understand from past offers they do not often check the other brands, ) so have submitted the application and will see how it goes. 
    Do they definitely not check between brands? Did the RBS switch a couple of years ago, but would like to do the Ulster offer (I am in Ulster which helps if I need to visit a branch). I don't want to waste time applying and switching if they do check between the brands.

    I cannot say for definite if they will check yours or not. I got through with all 3 at different times within the last few years.
    Worth a try!
  • ForumUser7
    ForumUser7 Posts: 2,473 Forumite
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    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • Aidanmc said:


    I cannot say for definite if they will check yours or not. I got through with all 3 at different times within the last few years.
    Worth a try!
    Yeah, I might as well apply. Worst they can do is not pay the reward. Nothing to lose I guess.
  • I would like to do this new NatWest switch offer. I switched away from Monzo on 16/01/23 for a previous switch offer with a different bank. Does anyone know how long until I can open a new account with Monzo so that I can switch that again? Is it 30 days? I'm just trying to avoid an unnecessary hard search. TIA 

    "Those who forget the past are condemned to repeat it"
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,896 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 14 February 2023 at 6:50PM
    WLewer98 said:
    I would like to do this new NatWest switch offer. I switched away from Monzo on 16/01/23 for a previous switch offer with a different bank. Does anyone know how long until I can open a new account with Monzo so that I can switch that again? Is it 30 days? I'm just trying to avoid an unnecessary hard search. TIA 
    It's definately much longer than 30 days - probably 12 months+ based on reports from other people who've done similar. I'd suggest you try Starling, Metro, or a second current account with a high street bank you already use to get a donor for this switch offer.
  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    anna42hmr said:
    thanks for the heads up on this one, am trying my luck with Ulster (have done RBS within the timeframe but understand from past offers they do not often check the other brands, ) so have submitted the application and will see how it goes. 
    Do they definitely not check between brands? Did the RBS switch a couple of years ago, but would like to do the Ulster offer (I am in Ulster which helps if I need to visit a branch). I don't want to waste time applying and switching if they do check between the brands.
    it cannot be guaranteed, but i have had both RBS and Natwest incentives in the past at different points of time and received the money, I've not tried Ulster before, but reading on prior switches there have been success from people getting switches from all of them.   

    for me its worth a chance, as have a burner account already set up for switching, and the speed of this payout by the sounds of it, will (if i get accepted) not take long to establish if i get the incentive or not (as this time they are paying out within 7 days of all criteria being met as it states:

    To get £200, you must:

    (a) apply online for an Ulster Select account (‘new eligible account’) via ulsterbank.co.uk from 14th February 2023. The application must then successfully result in an open account. Please note that in some cases, if you apply
    for an Ulster Select account and do not meet criteria for that particular account type, we can open a Foundation account for you instead. If this happens you will still be eligible for this offer if you also meet conditions 1(b), 1(c) and 1(d) below;

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

    (c) deposit £1,250 into your new eligible account within 60 days of opening your new eligible account; and

    (d) log into our mobile banking service within 60 days of opening your new eligible account.

    Within 7 calendar days of you meeting conditions 1(a), 1(b), 1(c) and 1(d) above, we’ll pay £200 into your new eligible account. Your new eligible account must be open for us to pay £200 to you. We will not pay £200 after the new eligible account is closed even if you’ve met all required conditions.


    Due to the speed, of payout therefore i am not typing up a burner account for months to establish if i get other offers come up on the off chance this works.  So in this case its worth a chance

    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • Anyone know which ULSTER branch you can use if you live in England. It’s asking for it on the application. 
  • Expotter
    Expotter Posts: 372 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 14 February 2023 at 9:33PM
    Is it not the case that if you've received an incentive from any of them before you're not eligible?

    From T&C:
    • As stated above, 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.
  • Expotter said:
    Is not the case that if you've received an incentive from any of them before you're not eligible?

    From T&C:
    • As stated above, 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.
    Yes, but apparently they don't always check.
  • Aidanmc
    Aidanmc Posts: 1,326 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Anyone know which ULSTER branch you can use if you live in England. It’s asking for it on the application. 

    You could use Belfast, but you will need to take a boat or plane trip if you need to visit branch........
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