NATWEST SWITCH OFFER - £150

WillPS

nmjams said:

MeteredOut said:

nmjams said:

I closed my Natwest current account at the start of the month, would i be eligible for the switch offer?

Its having a previous switch offer, not a previous account, that determines if you can get this switch offer. Did you?

There was no switch offer, i opened the account years ago.

You can switch at any time, it doesn't have to be when you open the account.

With all the Natwest Group incentives I recall existing customers have been allowed to benefit by switching in to an existing account, so even if you opened the account before the first of these offers in 2017/18, you could still have benefitted.

flaneurs_lobster

ceepan said:

I think that now that it is 15 days since I met the criteria that they don't believe I am eligible for the switch.  Does anyone know if they will contact me to tell me that?

In my experience banks (other than Lloyd's) don't explicitly notify if a switching bonus is NOT to be paid.

You have, after all, applied to switch a bank account to them - not applied for a cash bonus.

They'll generally be able to explain why you were excluded if you ask (unless you already know, of course).

adindaspantai

FLAMPARD said:

So as I understand you can set up a direct debit with PayPal and make at least 2 £2 payments to get the £5 reward as well as paying in the monthly £1250 ? With a use of the app at least once a month Is that correct 

2x£2 DD using the same DD mandate such as Paypal will meet the criteria

Based on the Switching T&C

Wthn 60 days of your switch completing, you must: (4)

• Pay £1,250 into your eligible account. Ths can be made of multiple payments into your eligible  account, and

• Log into our moble app. Ths can be done on any devce that supports the NatWest Mob

So nothing here say it will need to be done for each single month. As the  meet this £1,250 is very easy, to be in a safer side, good to have it every single month until the reward is paid. That is what I am doing anyway

nmjams

I can see in the T&C it states:

"Request and complete a full switch of a current account that is not with NatWest, RBS, or Ulster Bank to your eligible account using the Current Account Switch Service online or via the mobile app from 11TH March 2025. The switch must include closing your current account held elsewhere and moving any payment instructions to your eligible account"

Would i be able to switch but keep my old account open, with some direct debits staying with my old bank?

adindaspantai

nmjams said:

I can see in the T&C it states:

"Request and complete a full switch of a current account that is not with NatWest, RBS, or Ulster Bank to your eligible account using the Current Account Switch Service online or via the mobile app from 11TH March 2025. The switch must include closing your current account held elsewhere and moving any payment instructions to your eligible account"

Would i be able to switch but keep my old account open, with some direct debits staying with my old bank?

No. a full switch mean your old account will be closed on the switching day and all of scheduled payments will be directed/transferred to your new account.

Nasqueron

nmjams said:

I can see in the T&C it states:

"Request and complete a full switch of a current account that is not with NatWest, RBS, or Ulster Bank to your eligible account using the Current Account Switch Service online or via the mobile app from 11TH March 2025. The switch must include closing your current account held elsewhere and moving any payment instructions to your eligible account"

Would i be able to switch but keep my old account open, with some direct debits staying with my old bank?

If you want to keep the old account, setup a new account even with the same provider if allowed and switch that after you have moved any DDs you want + funds to cover them - or switch the main account and leave the second account open

FLAMPARD

Is it ok to pay the £1250 in before the switch completion?