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Natwest Premier Reward Account

euanovsky
euanovsky Posts: 51 Forumite
Part of the Furniture 10 Posts Name Dropper Combo Breaker
edited 31 March 2023 at 4:14PM in Budgeting & bank accounts
[deleted ]

Comments

  • Marchitiello
    Marchitiello Posts: 1,319 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    I have the RBS version of this account. I was upgraded in branch and asked about income via Tax Return/P60 as a fairly long standing customer with a personal banker relationship, but not paying directly my full income into it. I think the online form will ask you for your income details. That is what needs to be £100k but only £1250 per months does actually have to be paid into the NatWest/RBS account. Be aware that if you do not declare the true income, your declared application gets reported to National Hunter and discrepancy could land you with a marker against your profile. Also some bank have and share true income details, based on payment from organisations into your account (rather then FP between individuals), there was a Telegraph article from 2016 about it which is now behind a paywall; so again very risky to declare inflated income. 
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