NatWest has today launched a £200 account switch offer to new customers, but only if they log into the mobile banking app.
Customers need to switch from their main current account elsewhere to the bank.
In order to get this offer, customers need to use the Current Account Switcher Service and pay £1,250 into account.
Furthermore, they must log into NatWest’s mobile banking app within 60 days of switching their current account.
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NatWest has launched a new £200 switcher offer but customers will need to log in to their online banking app to do it
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New customers can get £60 back in Rewards each year by signing up to a NatWest Rewards account, although this option comes with a fee.
Every month, account holders can receive £4 back in Rewards for two Direct Debits and an extra £1 for logging into the bank’s mobile app.
The Reward account has a monthly fee of £2 and customers will also have the chance to benefit from NatWest’s partner offers, which include four per cent back at Booking.com.
This latest deal from NatWest comes as the bank has reported a record number of customers switching to its services.
According to the Current Account Switch Service, nearly 100,000 customers switched to NatWest between July and September last year.
Lewis Broadie, the bank’s customer manager, said: “Record numbers of customers are switching to NatWest and we are pleased to offer a warm welcome with our latest £200 cash offer.
“As well as the upfront cash offer, we offer a wide range of features and benefits, from helping kids with their money through our Rooster offering to our save the change feature, Round Ups.”
Last year, NatWest had a similar £200 deal for customers looking to switch to NatWest’s Rewards account.
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PAIn terms of other products, the bank’s Digital Regular Saver account has an interest rate of six per cent and customers can save up to £150 every month.
Currently, NatWest’s Select account has no monthly fee attached to it and has the benefit of GetCash which allows customers to withdraw money from a cash machine without their bank card. Instead, a passcode is sent to their mobile.
Accounts can be opened by either visiting the NatWest website or by logging on the bank’s mobile app.
