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Natwest Reward Account DDs question

Thinking of switching my Select Account to a Reward Account.  My question is around the timing of the DDs.  The ones I want to put on there come out of my account on the 1st of each month.  If I converted my account now, would I go the month of September being charged the £2 fee and not get anything back because the Direct Debits are not due until 1st October?  Or does it not work like that?

Comments

  • Jami74
    Jami74 Posts: 1,303 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 5 September at 12:41PM
    I don't think I got charged the £2 fee until I had the account for a month, but it was a while ago so I can't be certain.

    The rewards take about six weeks anyway before you can exchange/transfer them, so it won't match up nicely however you do it.
    Debt Free: 01/01/2020
    Mortgage: 11/09/2024
  • TheMod1
    TheMod1 Posts: 25 Forumite
    10 Posts
    Yeah you only start getting billed after your 1st statement is issued 
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