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Can I do both the NatWest and RBS Premier £1000 switch and save offer?

Hello, I have started a switch to NatWest Premier for their £250 current account cashback then additional £750 if saving £100000 for 30 days. How likely is it that I could do the same RBS offer simultaneously and get both £1000 bonuses, if the NatWest £250 pays out quickly? I don't want to put £100000 into the RBS saver @ 1.6% interest rate unless I can be sure of getting the second £750. T&C's say you are ineligible if you've received cash from a RBS, NatWest or Ulster offer before.

Comments

  • danny13579
    danny13579 Posts: 1,444 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Premier.jpeg

    According to the terms you can only get one switching bonus from the NatWest group. In reality, many of us on here have received switching bonuses from all 3 banks in the group. They seem to operate independently of each other without cross checking, though that could change.

    I would just do one offer, get the reward cash and bonus, and then do the other. Applying for both simultaneously doesn't mean they'll be processed simultaneously. One will happen before the other as they're done by separate banks (even if part of the same group).

    Either they'll cross check and you'll get one bonus + interest payment, or they won't and you'll get both.

  • Thank you Danny 👍🏻

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