Natwest & RBS Reward Accounts Death Knell?

HillStreetBlues

With the changing / removing of the Halifax rewards and tightening up or removal of cashback on other bank accounts, is the end near for the Natwest & RBS  reward accounts as we know it?

Nasqueron

https://www.youtube.com/watch?v=fpaQpyU_QiM

Hattie627

What about the Danske Bank reward account? I've been earning a steady £3 net per month since 2018.

WillPS

There's certainly a negative direction of travel.

It's worth remembering that 123 and 123 Lite have effectively been on borrowed time for years now, and their 'Edge' replacements are still available. The cashback isn't as generous but Santander are as present in the market as they've always been.

We also don't know what Halifax's new rewards are going to be.

Unlike their competitors, Natwest Group's cashback offers also serve as a method of getting customers in to their cashback portal too - at the very least you have to go in to MyRewards occasionally to get your rewards paid out, and there have been occasions I've spotted a usable offer while I've been doing that. By contrast Santander, Lloyds and Halifax's offers rarely get checked because I don't have a need to.