New Natwest / RBS / Ulster Bank £200 Switch Incentive

MikeJXE

New and existing National Westminster Bank Plc (‘NatWest’) customers who are UK residents are eligible for this offer

if you meet the conditions below. You won’t be eligible for this offer if you (or in the case of a joint account, either account holder) have 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.

2. Existing customers

If you already have a NatWest Select, Foundation, Reward, Reward Silver, Select Silver, Reward Platinum, Select Platinum, Premier Select, Premier Reward, Black account or Premier Reward Black account (‘existing eligible account’) opened prior to 14th February 2023, to get £200 you must:

(a) 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 [if any] to your existing eligible account) using the Current Account Switch Service online or via the mobile app;

(b) deposit £1,250 into your existing eligible account within 60 days of switching to your existing eligible account; and

(c) log into our mobile banking service within 60 days of switching to your existing eligible account.

Within 7 calendar days of you meeting conditions 2(a),2(b) and 2(c) above, we’ll pay £200 into your existing eligible account. Your existing eligible account must be open for us to pay £200 to you. We will not pay £200 after the existing eligible account is closed, even if you’ve met all required conditions.

Apply for RBS and Ulster to get the £200

Banksy_2

paul_liverpoolfc said:

I'm thinking of switching from Santander to Natwest.

When you apply for a sole Select account, does it give you the option to switch after asking for your name, DOB and address? 

When I moved to Santander, I was able to open the account and switch in one step.

Thanks.

Hi Paul.

Yep I believe it did when I did my switch.

Even if it didn't you'd still be able to do it afterwards anyway.

Banksy_2

SamDude said:

I have a Natwest account and used a switcher offer in April 2018.

Will I be able to switch a burner account to RBS and then Ulster Bank for this offer?
Will it work for my existing Natwest account again?

Hi Sam.

Is your burner account still with Nat West?

I've done switches this year which have seen me get the switch bonus with Nat West and RBS, and not long off trying for the hat trick with Ulster.

I'm playing it safe though and transferred elsewhere first rather than Nat West to RBS, or RBS to Ulster...

Others may have had success with it, and he they did happy days, but for me playing safe this year to get as much chance of netting all the bonuses.

Nothing is guaranteed of course and that should be remembered above all.

Hope that helps.

Banksy

James240

James240 said:

James240 said:

Passport and livescan all okayed now, just waiting for them to tell me the accounts open

Accounts all opened, deposited the £1,250 so hopefully some point next week the £200 bonus appears  

...... And the £200 hit my account yesterday woohoo!!

paul_liverpoolfc

I started the application but, after submitting my address and how long I'd lived there, I had to exit it to go and do something. A message came up, saying they'd performed a credit check. Have I messed up my application? Thanks. 

clivep

SamDude said:

I have a Natwest account and used a switcher offer in April 2018.

Will I be able to switch a burner account to RBS and then Ulster Bank for this offer?
Will it work for my existing Natwest account again?

My wife & I had Natwest switcher offers in 2018 so didn't qualify, however...

Tried RBS & were successful. Same with Ulster.

My wife's Natwest was also successful but mine was not. This was probably as my wife no longer had a Natwest a/c since 2018 whereas I had kept mine open so was switching into an existing a/c.

Banksy_2

paul_liverpoolfc said:

I started the application but, after submitting my address and how long I'd lived there, I had to exit it to go and do something. A message came up, saying they'd performed a credit check. Have I messed up my application? Thanks. 

Looks like it may have stopped it in its tracks if you had to go away from your screen - it may have timed out. Sometimes the applications are auto saved but guess it depends on whether it had got to that stage first?

Have you had any emails or notifications from them regarding any application made?

SamDude

Banksy_2 said:

SamDude said:

I have a Natwest account and used a switcher offer in April 2018.

Will I be able to switch a burner account to RBS and then Ulster Bank for this offer?
Will it work for my existing Natwest account again?

Hi Sam.

Is your burner account still with Nat West?

I've done switches this year which have seen me get the switch bonus with Nat West and RBS, and not long off trying for the hat trick with Ulster.

I'm playing it safe though and transferred elsewhere first rather than Nat West to RBS, or RBS to Ulster...

Others may have had success with it, and he they did happy days, but for me playing safe this year to get as much chance of netting all the bonuses.

Nothing is guaranteed of course and that should be remembered above all.

Hope that helps.

Banksy

 

My Natwest account one of my main accounts, but I do have another burner account to switch to Ulster (and burner#2 to RBS).
Thanks for confirming.

georged123

I've just completed a switch into Natwest.

I was an existing Natwest customer but eligible for the switch bonus so I went through the process of opening a new select account and switching a burner account into that.

My balance from my burner account has been transferred into my existing account I've had for years so i'm now left with a new empty account I opened for the switch.

Should the balance from my burner account have gone into the newly created account?

Middle_of_the_Road

georged123 said:

I've just completed a switch into Natwest.

I was an existing Natwest customer but eligible for the switch bonus so I went through the process of opening a new select account and switching a burner account into that.

My balance from my burner account has been transferred into my existing account I've had for years so i'm now left with a new empty account I opened for the switch.

Should the balance from my burner account have gone into the newly created account?

Yes, that's how it usually works.