Opening burner account with Santander advice on account switching cashback

Slinky

Re RBS/Natwest/Ulster, this is on the Natwest website:

To get your £200 Switch, you need to:

• Apply online or via our mobile app to switch a current account held elsewhere  (using the Current Account Switch Service) into a NatWest account from 14th February 2023.
• 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 working days.
• If you've previously received a switching incentive from NatWest Group, you will not be eligible for this offer. Offer can be withdrawn or amended at any time.

PRAISETHESUN

Slinky said:

Re RBS/Natwest/Ulster, this is on the Natwest website:

To get your £200 Switch, you need to:

• Apply online or via our mobile app to switch a current account held elsewhere  (using the Current Account Switch Service) into a NatWest account from 14th February 2023.
• 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 working days.
• If you've previously received a switching incentive from NatWest Group, you will not be eligible for this offer. Offer can be withdrawn or amended at any time.

The terms of course say this, but historically they have been very bad at actually enforcing them. YMMV, but there are quite a few people on here who have successfully taken advantage of switching incentives from all 3 banks in the NatWest group.

dealyboy

@Slinky said:

Re RBS/Natwest/Ulster, this is on the Natwest website:

To get your £200 Switch, you need to:

• Apply online or via our mobile app to switch a current account held elsewhere  (using the Current Account Switch Service) into a NatWest account from 14th February 2023.
• 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 working days.
• If you've previously received a switching incentive from NatWest Group, you will not be eligible for this offer. Offer can be withdrawn or amended at any time.

This quote is from the NatWest bank accounts page ... https://www.natwest.com/current-accounts.html?intcam=HP-HI-DEF-Default ... this highlights and summarises various features of different accounts.

The incentive section is ... 


As you can see it refers to the T&Cs terms PDF which details the conditions in a page and a half.

The introductory paragraph ...


and the closing section ...


... note the specific "between 1st October 2017 and 13th February 2023". There are similar terms for both RBS and Ulster Bank.

So 3 x £200 kerchink.