NatWest is offering £200 in free cash if you switch bank account
NatWest customers will need to deposit £1,250 into the account among the criteria
PA
NatWest is offering £200 in cash to Britons if they switch from a current account held elsewhere to the bank’s Reward bank account.
To be eligible, customers will need to deposit £1,250 into the account and log into the mobile banking app within 60 days.
People can apply online or via the mobile app to switch their current account into NatWest via the Current Account Switch Service.
If the eligible person meets the conditions, NatWest will pay £200 into the account within seven days.
NatWest is offering £200 in free cash if you switch via the Current Account Switch Service
PA
People who have already benefitted from a NatWest Group switching incentive won’t qualify for this offer.
The bank warns the offer can be withdrawn or amended at any time.
NatWest is among a number of banks offering switch incentives right now.
First direct is paying £175 to UK residents who switch.
To qualify, customers need to open a 1st Account, switch via the Current Account Switch Service and pay in at least £1,000 within three months of opening the account.
It’s limited to one payment per customer or joint account, and the money will be paid into the account within 28 days of all the criteria being met.
It’s not open to customers who have held a first direct product before, and people who have opened an HSBC current account on or after January 1, 2020 also aren’t eligible.
Those who have an HSBC account still qualify for the offer, provided the current account was opened before January 1, 2020.
LATEST DEVELOPMENTS:
Halifax's switch incentive ends on August 31, 2023
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Halifax is offering £150 plus £25 cashback for three months, although the offer ends on August 31, 2023.
To qualify, customers need to open a new qualifying account and use the Current Account Switch Service to transfer and close their existing current account held elsewhere.
The accounts are the Reward Current Account and the Ultimate Reward Current Account. Both have a monthly fee to maintain the account, although the charge is waived on the Reward account each month the person puts in at least £1,500.
Halifax customers won’t qualify if they switch to any other Halifax bank account that isn’t named as a qualifying account, or if they’ve received a switching offer since April 2020 for switching to any Lloyds of Halifax Bank account.
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