NatWest Launches £150 Switcher Offer

12 Sept 2019 NatWest is offering £150 to new and existing customers switching their main bank account. The limited time offer runs until 6 December 2019.

NatWest’s Select account has no monthly fee and also has the benefit of GetCash which enables customers to withdraw money from a cash machine without their bank card using a passcode sent to their mobile phone.

NatWest’s Reward, Reward Silver, Platinum and Black accounts are also eligible for the offer.

Bruno Genovese, Head of NatWest Current Accounts, said: “We are seeing more and more consumers taking advantage of our account benefits and our switcher offer gives consumers the opportunity to change accounts simply and easily using the Switcher Service.”

Switching bank accounts is simple and can be done through the Current Account Switch Service. Payments, such as Direct Debits and Standing Orders are automatically transferred to the newly opened account within seven days.

An account can be opened online at  www.natwest.com or in any NatWest branch.

Switchers are required to use the Current Account Switch Service, close their existing account and transfer their main current account to NatWest. Customers will then receive £150 by 21 February 2020.

It is simple to obtain the switcher offer. Customers must pay in £1500 to the account and log into online or mobile banking through the NatWest mobile app before 24 January 2020. Customers must be 18 or over and must not have received a cash offer from NatWest for opening a new current account and switching after October 2017.

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