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Natwest Reward Account DDs question
t1redmonkey
Posts: 949 Forumite
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?
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Comments
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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: 11/09/20241 -
Yeah you only start getting billed after your 1st statement is issued1
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