Switching to Natwest

mfijohn

Please excuse my ignorance, I have read the eligibility notes on the MSE site, re switching to Natwest and not being the brightest star in the sky, I am a little confused with the wording, does it mean you cannot have been a Natwest customer since 2017?   I switched from Natwest to Nationwide earlier this year, for the switch bonus and  because age premium on the ins was much cheaper. I have an account with HSBC which has very little in, which I switched to last year for the bonus ( this is a floating account not my main) so can I switch that to Natwest and get the bonus?

flaneurs_lobster

Read the NatWest page https://www.natwest.com/current-accounts.html and the T&Cs linked from it rather than the MSE precis but basically you can get the bribe if you haven't received a bonus since 2017.

dealyboy

mfijohn said:

Please excuse my ignorance, I have read the eligibility notes on the MSE site, re switching to Natwest and not being the brightest star in the sky, I am a little confused with the wording, does it mean you cannot have been a Natwest customer since 2017?   I switched from Natwest to Nationwide earlier this year, for the switch bonus and  because age premium on the ins was much cheaper. I have an account with HSBC which has very little in, which I switched to last year for the bonus ( this is a floating account not my main) so can I switch that to Natwest and get the bonus?

Hi John ... yes ... the clause in the Switcher T&Cs pdf refers to having had an incentive.

If you have had bank accounts with any of NatWest, RBS and Ulster Bank since 2017 it's no problem as long as you didn't receive a switching bonus when you opened them ...

https://forums.moneysavingexpert.com/discussion/comment/80242385/#Comment_80242385

Good luck.

35har1old

dealyboy said:

mfijohn said:

Please excuse my ignorance, I have read the eligibility notes on the MSE site, re switching to Natwest and not being the brightest star in the sky, I am a little confused with the wording, does it mean you cannot have been a Natwest customer since 2017?   I switched from Natwest to Nationwide earlier this year, for the switch bonus and  because age premium on the ins was much cheaper. I have an account with HSBC which has very little in, which I switched to last year for the bonus ( this is a floating account not my main) so can I switch that to Natwest and get the bonus?

Hi John ... yes ... the clause in the Switcher T&Cs pdf refers to having had an incentive.

If you have had bank accounts with any of NatWest, RBS and Ulster Bank since 2017 it's no problem as long as you didn't receive a switching bonus when you opened them ...

https://forums.moneysavingexpert.com/discussion/comment/80242385/#Comment_80242385

Good luck.

The terms are a bit strange as it  suggests that you could already have switched this year after February and you would be eligible for the incentive 

dealyboy

@35har1old said:

dealyboy said:

mfijohn said:

Please excuse my ignorance, I have read the eligibility notes on the MSE site, re switching to Natwest and not being the brightest star in the sky, I am a little confused with the wording, does it mean you cannot have been a Natwest customer since 2017?   I switched from Natwest to Nationwide earlier this year, for the switch bonus and  because age premium on the ins was much cheaper. I have an account with HSBC which has very little in, which I switched to last year for the bonus ( this is a floating account not my main) so can I switch that to Natwest and get the bonus?

Hi John ... yes ... the clause in the Switcher T&Cs pdf refers to having had an incentive.

If you have had bank accounts with any of NatWest, RBS and Ulster Bank since 2017 it's no problem as long as you didn't receive a switching bonus when you opened them ...

https://forums.moneysavingexpert.com/discussion/comment/80242385/#Comment_80242385

Good luck.

The terms are a bit strange as it  suggests that you could already have switched this year after February and you would be eligible for the incentive 

Hi there ...

Sorry Harold how do you mean? Surely that suggestion is correct that you could have switched after February and would have got the incentive, but any more switches wouldn't be eligible. If you switched but didn't receive the incentive for some reason you would eligible to switch to this account and get the incentive.

mostilts

Hi team, having recently successfully gained £200 by switching an old unused Lloyds current acc to NATWEST, I was wandering whether I could now switch it from NATWEST to RBS and get a further £200?

WillPS

mostilts said:

Hi team, having recently successfully gained £200 by switching an old unused Lloyds current acc to NATWEST, I was wandering whether I could now switch it from NATWEST to RBS and get a further £200?

On paper you're only entitled to one incentive from the Natwest Group (Natwest, RBS and Ulster). In practice you'll probably get it once per brand - I wouldn't be inclined to make this very obvious tho (as switching from Natwest to RBS might!).

It's pretty trivial getting a donor account somewhere else.

Banksy_2

mostilts said:

Hi team, having recently successfully gained £200 by switching an old unused Lloyds current acc to NATWEST, I was wandering whether I could now switch it from NATWEST to RBS and get a further £200?

Whilst it may still work going straight from Nat West to RBS, I'd recommend going to another bank first - if you're quick and create a Halifax reward account and start a switch from Nat West by the close of play tomorrow you could get £150 for doing that if you've not had a switch bonus off them before - you get the £150 just 3 working days after the switch completes. Then move from Halifax to RBS to net another £200..

Worth thinking about...

Banksy

mostilts

Good points, thanks guys, Halifax first thing tomorrow, then RBS. I’ll post how I get on.

georged123

I received my RBS and NatWest switching bonuses at basically the same time (four minutes apart).

There must be some crossover of information/processes so I’d be wary of switching between the two.

Lions_89

Is it still the case you can switch to/from Ulster bank?