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NatWest/RBS/Ulster £200 Switching Offer 15/2/2024-2/4/2024

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Comments

  • I’m wondering if you can pay in the 1250 in portions, say 650 for a day take it out and 600 for a day? 
    Anyone done that or similar?
    I’m trying to convince a friend to do a switch too. 
  • Marcoos
    Marcoos Posts: 204 Forumite
    100 Posts First Anniversary Name Dropper
    I’m wondering if you can pay in the 1250 in portions, say 650 for a day take it out and 600 for a day? 
    Anyone done that or similar?
    I’m trying to convince a friend to do a switch too. 
    The 1250 has to stay in for 24 hours. 
  • GTR_King
    GTR_King Posts: 1,987 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 2 March 2024 at 11:18AM
    Officially from NatWest:
    Yes, the £200 will be paid within 7 calendar days of all the criteria been met, which would also include weekends.

    Just letting everyone know 

    So if anyone gets their switch incentive today let’s everyone know the time etc so help us all out
  • masonic
    masonic Posts: 27,381 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 2 March 2024 at 11:23AM
    GTR_King said:
    Officially from NatWest:
    Yes, the £200 will be paid within 7 calendar days of all the criteria been met, which would also include weekends.

    Just letting everyone know 

    So if anyone gets their switch incentive today let’s everyone know the time etc so help us all out
    I would still say there is a lack of clarity in that statement. *What* includes weekends? Counting of the 7 calendar days, or the actual days they will be making the payments.
    If the latter, then I am surprised that you haven't received your payment yet. I guess we'll get some further insight by the reports of people receiving the bonus, which have come thick and fast so far this week, but have been absent so far today.
  • harz99
    harz99 Posts: 3,743 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    @Bridlington1 thank you for reminding people of your experience and the potential consequences of chasing every single penny that can be obtained by fair or foul means.

    As you say "there's no need to rush to get them all at once"
  • GTR_King
    GTR_King Posts: 1,987 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 2 March 2024 at 11:50AM
    masonic said:
    GTR_King said:
    Officially from NatWest:
    Yes, the £200 will be paid within 7 calendar days of all the criteria been met, which would also include weekends.

    Just letting everyone know 

    So if anyone gets their switch incentive today let’s everyone know the time etc so help us all out
    I would still say there is a lack of clarity in that statement. *What* includes weekends? Counting of the 7 calendar days, or the actual days they will be making the payments.
    If the latter, then I am surprised that you haven't received your payment yet. I guess we'll get some further insight by the reports of people receiving the bonus, which have come thick and fast so far this week, but have been absent so far today.
    Who knows! Seems odd that I haven’t got mine yet! But hay ho did complete all the requirements so hopefully soon! So if 7 Calendar days from money going in 29th should be in by the 6th 
  • clivep
    clivep Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper
    masonic said:
    Or having attempted it. Hopefully someone will give it a whirl.
    I'm considering it (I guess someone has to be the first) as I already have a NatWest account from last year and a spare burner account, but am unsure yet as maybe I'm pushing my luck too much and it could backfire with a possible warning or ban.

    If you switch into an existing a/c that had received a bonus last year then I think it unlikely you'd get another bonus this time. This was my experience when I failed to get a bonus last year.
    If you had closed last year's a/c after getting the bonus and now switched into a new a/c then you'd have a better chance on getting a 2nd bonus. This was my wife's experience last year.


  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    GTR_King said:
    masonic said:
    GTR_King said:
    Officially from NatWest:
    Yes, the £200 will be paid within 7 calendar days of all the criteria been met, which would also include weekends.

    Just letting everyone know 

    So if anyone gets their switch incentive today let’s everyone know the time etc so help us all out
    I would still say there is a lack of clarity in that statement. *What* includes weekends? Counting of the 7 calendar days, or the actual days they will be making the payments.
    If the latter, then I am surprised that you haven't received your payment yet. I guess we'll get some further insight by the reports of people receiving the bonus, which have come thick and fast so far this week, but have been absent so far today.
    Who knows! Seems odd that I haven’t got mine yet! But hay ho did complete all the requirements so hopefully soon! So if 7 Calendar days from money going in 29th should be in by the 6th 
    If you met the requirements on 29th then it's generally 2 working days after that so Monday.
  • bobeschism
    bobeschism Posts: 28 Forumite
    Third Anniversary 10 Posts Name Dropper
    He who dares, Rodney ;)
    It's not not getting the incentive that concerns me, more a ban which would preclude me from any further switch offers. But then, it's going to be years before I become eligible for any again.
    I think you'd be wise not to push your luck with RBS. Unless something's changed within the last year I suspect your efforts would be fruitless anyway.

    When LBG gave me a lifetime ban last year (I suspect using them for too many short lived donor accounts in a short space of time won't have helped matters) I switched many of my LBG accounts elsewhere just to make life easier in the event that a payment was ever made to any of them after the accounts were closed.

    I had already received the £150 switching offer from RBS in 2022 but not bothered with NatWest/Ulster at that time. After accidentally getting £200 each from NatWest/Ulster I decided to try my luck with RBS as I still had LBG accounts I wanted to switch out. RBS never paid me the £200 if this is anything to go by.
      Having just set up a Chase account, then within minutes switched to Ulster Bank, I’m kind of terrified!   
    I set up 2 Chase account burners and within minutes switched to NW and RBS, and have absolutely no qualms. If you're terrified, maybe that's an indication it's time for you to stop chasing switching bonuses.

  • GTR_King
    GTR_King Posts: 1,987 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Ed-1 said:
    GTR_King said:
    masonic said:
    GTR_King said:
    Officially from NatWest:
    Yes, the £200 will be paid within 7 calendar days of all the criteria been met, which would also include weekends.

    Just letting everyone know 

    So if anyone gets their switch incentive today let’s everyone know the time etc so help us all out
    I would still say there is a lack of clarity in that statement. *What* includes weekends? Counting of the 7 calendar days, or the actual days they will be making the payments.
    If the latter, then I am surprised that you haven't received your payment yet. I guess we'll get some further insight by the reports of people receiving the bonus, which have come thick and fast so far this week, but have been absent so far today.
    Who knows! Seems odd that I haven’t got mine yet! But hay ho did complete all the requirements so hopefully soon! So if 7 Calendar days from money going in 29th should be in by the 6th 
    If you met the requirements on 29th then it's generally 2 working days after that so Monday.
    Thank you 🤩 will wait till Monday 
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