First Direct switch from Natwest Select Account.

debsf1 Forumite Posts: 19
Part of the Furniture 10 Posts Combo Breaker
Hi guys, quick query regarding NatWest Select Account and switching to First Direct.
I have what is a relatively dormant NatWest Select Account that I rarely use, I don’t have any DD’s going out of it, though I do have SO’s to transfer money from the Select account to the savings accounts I have with Nat West. 
I am considering applying to switch to First Direct whilst the £175 switch offer is on. As the NW Select Account was the most basic of their accounts would it still be applicable? I could transfer regular payments into the FD account (when / if opened) from my regular Halifax account.


  • Bridlington1
    Bridlington1 Forumite Posts: 1,837
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 10 June at 7:14PM
    You can switch in from a Natwest select account if you want, it makes no difference to the switch whether the Natwest account is a select or reward account. As long as you do a full switch from Natwest into first direct and meet the terms of the offer you will be fine.

    If you wanted to move payments from a Halifax account to first direct as well without closing Halifax it would probably be easiest to move these over manually.

    One other thing I will say is that you can get a £30 Amazon voucher on top of the £175 if you apply through the MSE website:
  • debsf1
    debsf1 Forumite Posts: 19
    Part of the Furniture 10 Posts Combo Breaker
    That’s great, thank you so much. I didn’t want to jeopardise the switch if the NW Select was too basic an account and obviously no DD’s going out of it either.
  • debsf1
    debsf1 Forumite Posts: 19
    Part of the Furniture 10 Posts Combo Breaker
    Just to update, I have applied (through your link, thank you!) using my NatWest Select account and my application has been accepted. 😊. 

    Thank you so much for your original reply, you gave me the confidence to try it. X
  • changearound1
    changearound1 Forumite Posts: 110
    100 Posts Third Anniversary Name Dropper
    OP, is the Select account your only current account with Natwest? If so, you may have problems with your NW savings accounts particulatly if they include the Digital Regular Saver.
    To open a DRS you have to be a NW current account holder and there's a bit in NW's general savings T&Cs about downgrading accounts if you're no longer eligible. It's not specifically referring to the DRS but it could apply. Also, you can only withdraw from the DRS to a NW current account.
    These potential problems could be overcome by opening a second NW current account or maybe you already have one and I'm creating problems where none exist  :)
    Just thought I'd mention it.
Meet your Ambassadors


  • All Categories
  • 339K Banking & Borrowing
  • 248.7K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.8K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards