NATWEST SWITCH OFFER - £150

winkowinko

As the title suggests

Switch Bank Accounts - £150 Current Account Switch Offer | NatWest

bsms1147

"• You won’t be eligible to earn £150 if you’ve ever received cash from a NatWest, RBS, or Ulster Bank switch offer before."

PRAISETHESUN

bsms1147 said:

"• You won’t be eligible to earn £150 if you’ve ever received cash from a NatWest, RBS, or Ulster Bank switch offer before."

That's a new one. Still, I'm curious to see how well they enforce this between brands, given historically they haven't been the best at doing so in the past.

lr1277

If I read rightly, the £1250 paid in has to stay in the account for 24 hours. I don't know how that is measured. Is it by calendar dates or even to the minute.

But potentially people who cycle money through various accounts only for the money to return to the original account may have some timing issues. No idea.

wiseonesomeofthetime

PRAISETHESUN said:

bsms1147 said:

"• You won’t be eligible to earn £150 if you’ve ever received cash from a NatWest, RBS, or Ulster Bank switch offer before."

That's a new one. Still, I'm curious to see how well they enforce this between brands, given historically they haven't been the best at doing so in the past.

This is the gamble I guess. I have received from both NatWest and RBS in the last decade. Surely they would trace at least one of those.

steven141

I received all 3 NatWest Group bonus payments last year so I'm not eligible.

tiger70

steven141 said:

I received all 3 NatWest Group bonus payments last year so I'm not eligible.

I did aswell.

Nasqueron

steven141 said:

I received all 3 NatWest Group bonus payments last year so I'm not eligible.

I received NW in 2020 time and RBS/Ulster last year!

stewartwilliams

How does NatWest fare?

Been with Lloyds for years now and no major issues.  Haven't been offered anything for years now.

Have a Monzo card and use that account for day to day things with Lloyds for salary and direct debit only.

I've a NatWest credit card that works really well for me - good interest rate, no FX fees etc.

Tempted just to jump ship as other than familiarity, there's nothing holding me back.

£150 is tempting, but are there any issues with the bank itself?
I e. downtime, payment issues etc 

lr1277

stewartwilliams said:

How does NatWest fare?

Been with Lloyds for years now and no major issues.  Haven't been offered anything for years now.

Have a Monzo card and use that account for day to day things with Lloyds for salary and direct debit only.

I've a NatWest credit card that works really well for me - good interest rate, no FX fees etc.

Tempted just to jump ship as other than familiarity, there's nothing holding me back.

£150 is tempting, but are there any issues with the bank itself?
I e. downtime, payment issues etc 

This may not be a problem for you. But customers are limited to a £2k bank transfer limit unless they use their smartphone. May even need to use facial recognition. Haven't tried a larger value transfer by calling customer services.

stewartwilliams

lr1277 said:

stewartwilliams said:

How does NatWest fare?

Been with Lloyds for years now and no major issues.  Haven't been offered anything for years now.

Have a Monzo card and use that account for day to day things with Lloyds for salary and direct debit only.

I've a NatWest credit card that works really well for me - good interest rate, no FX fees etc.

Tempted just to jump ship as other than familiarity, there's nothing holding me back.

£150 is tempting, but are there any issues with the bank itself?
I e. downtime, payment issues etc 

This may not be a problem for you. But customers are limited to a £2k bank transfer limit unless they use their smartphone. May even need to use facial recognition. Haven't tried a larger value transfer by calling customer services.

Don't really do £2k transfers, and use online banking through the app 99% of the time anyway.
Branches don't cater for people who can't nip out of work between 10am-3:30pm, assuming there's one anywhere near you anyway.