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NatWest + RBS £175 switching offers June 2025

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Comments

  • PRAISETHESUN
    PRAISETHESUN Posts: 4,910 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    edited 8 July at 1:04PM
    @innocentlove Assuming they keep the same terms in future, the only way to become eligible in future would be to close your existing NatWest current account and apply for a new one the next time they launch a new switch offer down the line.
  • innocentlove
    innocentlove Posts: 15 Forumite
    Fifth Anniversary 10 Posts Photogenic Name Dropper

    How to get our £175 Switch offer

    Whether you’re a new or existing customer, it’s easy to switch bank accounts to us. Here’s how to get started, with or without a NatWest account.

    Do you bank with NatWest?
    No, I don't have a NatWest current account

    Pick a bank account

    Simply choose an eligible account below and follow the instructions to start your application. You'll be able to request the switch during your application. If you're not sure which type of account is best for you, we can help you compare current account types.


    Yes, I have a NatWest current account "(but don't have it as of 24th June 2025)" should add this :) .

    Already have an account with us?

    You'll need to either log in to the mobile app or Online Banking to start your application.  


  • innocentlove
    innocentlove Posts: 15 Forumite
    Fifth Anniversary 10 Posts Photogenic Name Dropper
    Thanks @PRAISETHESUN for your explanation. Cheers!
  • blueste
    blueste Posts: 83 Forumite
    Ninth Anniversary 10 Posts Name Dropper Combo Breaker
    goatfaced said:
    When I switched to them approx a year ago they checked if you'd had a bonus from themselves but not with the sister banks. Loads of us did the triple and got bonuses from RBS, Ulster and NatWest. My son only did NatWest (he doesn't like to have more than one switch on the go) so it's worth him trying RBS and as above he won't cry if he doesn't get the bonus 👍
    Has anybody had success where they previously had switching cash from RBS and then got the switching cash from this offer with Nat West?
    Applied anyway but would like to know if I'm likely flogging a dead horse.
  • danny13579
    danny13579 Posts: 753 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    blueste said:
    Has anybody had success where they previously had switching cash from RBS and then got the switching cash from this offer with Nat West?
    Applied anyway but would like to know if I'm likely flogging a dead horse.
    Yes, got the bonus from RBS, NatWest and Ulster (not currently partaking in this offer).

    Many of us on here have gotten a bonus from all three.
  • Nimbleberryfinn
    Nimbleberryfinn Posts: 15 Forumite
    Third Anniversary 10 Posts
    For anyone who received the £125, how long was it after until the £50 was paid for opening the regular saver? 
  • ThePirates
    ThePirates Posts: 359 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    The £125 came very quickly, 1 day after depositing the £1250 the day after the switch. 
    Opened the Reg Saver the day after the switch but been waiting 3 days for the £50
  • Digital_Payback
    Digital_Payback Posts: 181 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    For anyone who received the £125, how long was it after until the £50 was paid for opening the regular saver? 
    Opened the Digital Regular Saver on 5th August, after my switch completed. 
    Received the £50 today, 12th August. 
    Digital Payback

    The National Lottery : A tax on those who aren’t good at maths.
  • wcgt2012
    wcgt2012 Posts: 1 Newbie
    First Post
    I've completed my switch yesterday and just logged in to my account. I've only just realised that I am an existing customer but it was for my mortgage account. Anyone know if I still would qualify for this switch offer?
  • danny13579
    danny13579 Posts: 753 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    wcgt2012 said:
    I've completed my switch yesterday and just logged in to my account. I've only just realised that I am an existing customer but it was for my mortgage account. Anyone know if I still would qualify for this switch offer?

    Existing customers can still qualify once they didn't have a current account with NatWest (or RBS if it's the RBS offer) on 24th June 2025 and never received a previous switching bonus from NatWest (or RBS).

    You also need to have fulfilled the offer conditions

    1. Be a UK resident.

    2. Apply for and open a NatWest Reward, Premier Reward, Select, or Premier Select account (‘eligible

    account’) from 24th June 2025.

    3. Request and complete a full switch of a current account that is not with NatWest, RBS, or Ulster Bank to

    your new account using the Current Account Switch Service online or via the mobile app from 24th June

    2025. The switch must include closing your current account held elsewhere and moving any payment

    instructions to your new account, and

    4. Within 60 days of your switch completing, you must:

    • Pay £1,250 into your new account. This can be made of multiple payments into your new account,

    and

    • Log into our mobile app. This can be done on any device that supports the NatWest Mobile Banking App.

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