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New Natwest / RBS / Ulster Bank £200 Switch Incentive

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  • gt94sss2
    gt94sss2 Posts: 6,119 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 18 March 2024 at 4:36PM
    Thanks! Was it another letter, or a text/email?
    By email/text.

    The only things I have received by post is the debit card and PIN.

    A couple of days after they emailed me to say the switch was starting, they emailed my customer number.

    My activation code for the app came via text a few days after that..
  • AmityNeon
    AmityNeon Posts: 1,085 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    I opened an additional Nationwide account today. I’ve received the sort code and account number so I presume I can go ahead and do a switch to RBS?
    You'll need the 16-digit debit card number of the Nationwide account, unless the account doesn't have an associated debit card.
  • Sorry if this has been asked before, but I moved the £1250 in and out before the switch. 
    Will I need to do it again after the switch to qualify ?
    To me it isn't clear in the T&Cs which is why I am asking here as someone is bound to know !
    Thanks in advance. 
    User name should now read NowWhereIWantToBe  

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  • PRAISETHESUN
    PRAISETHESUN Posts: 4,900 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 10 March 2023 at 4:38PM
    trient said:
    billyboy said:
    Hi I think you may be wrong about the TSB cash account not being suitable for switch as I have used Santander Basic accounts for switching in the past without any problems. I assume the TSB cash account is similar but I could be wrong.
    How did you open the Santander basic account? I thought a prerequisite for a basic account with any bank was not having (nor being able to get) a current account in the first place.
    I've also used basic current accounts from Santander and BoS as donor accounts to qualify for switch incentives in the past. Can't speak for the TSB cash account, but as long as the basic account is a current account, and not a savings account or pre-paid debit card masquerading as a current account you should be fine.
  • dealyboy
    dealyboy Posts: 1,941 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hi @NotWhereIWantToBe ...
    Sorry if this has been asked before, but I moved the £1250 in and out before the switch. 
    Will I need to do it again after the switch to qualify ?
    To me it isn't clear in the T&Cs which is why I am asking here as someone is bound to know !
    Thanks in advance. 
    ... it was my experience and others that that is enough ... expect incentive 2 days after switch date  :)


  • pantaiema
    pantaiema Posts: 183 Forumite
    Eighth Anniversary 100 Posts Combo Breaker
    For this switching is there any requirement to install the app or you could do it all using online banking +key secure reader? Thanks
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,900 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    pantaiema said:
    For this switching is there any requirement to install the app or you could do it all using online banking +key secure reader? Thanks

    Natwest, RBS and Ulster Bank have launched a new bank switch offer today! 

    Here's what they say:

    Apply online or via our mobile app to switch a current account held elsewhere into a NatWest account from 14th February 2023 to receive our offer of £200

    Deposit £1,250 into your account and log into our mobile banking app within 60 days. App eligibility criteria apply

    When you meet these conditions we’ll pay £200 into your eligible account within 7 days.

    T&cs say that you're not eligible if you've received a switch incentive since October 1st 2017

    Links:

    https://www.natwest.com/current-accounts/switch-your-banking-to-natwest.html

    https://www.rbs.co.uk/current-accounts/switch-your-bank-account-to-rbs.html#200-offer

    https://www.ulsterbank.co.uk/current-accounts/switch-to-ulster-bank.html#switch1
    You need to specifically log into the app to be eligible for the incentive.
  • I don't think I'm the first but I've now received the last of the three switch bonuses from this offer. 
  • dealyboy
    dealyboy Posts: 1,941 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 13 March 2023 at 5:12PM
    Hi @flaneurs_lobster ...
    I don't think I'm the first but I've now received the last of the three switch bonuses from this offer. 
    Well done ... don't tell me the most difficult of the three ... ub or not ub that is the question.

    Next one from tomorrow.  :)
  • Topscooby
    Topscooby Posts: 80 Forumite
    Second Anniversary 10 Posts Name Dropper Photogenic
    I started my switch to NatWest on Thursday 2nd March via their website. I used my Santander Everyday account to switch from. They (NatWest) notified me that my account was opened the next day Friday 3rd March. They then informed me my switch would complete on Friday 10th March. This was confirmed on Friday 10th. I subsequently registered for online banking and paid in the required £1250. A further £100 was transferred as this was my balance in the Santander donor account. Today, Monday 13th, NatWest paid the £200 switching incentive into my account…absolutely chuffed  :D

    Now I’m eyeing up the new Halifax switching offer!   :dizzy:
    £12k in 2025 #27 ( £7,000 / £12000 ) 🤞
    £12k in 2024 #18 (£14,000 / £12,000)…Goal surpassed 🙏
    The 365 Day 1p Challenge 2023 #86 ( Completed at 299.42% )
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