NatWest Urges Customers to Take Action for £150 Bonus

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NatWest has issued an urgent call to action for customers to secure a £150 bonus payment by switching to the bank’s Reward account.

Currently, NatWest is offering the £150 reward when customers switch their current account from a non-NatWest provider to a NatWest Reward account using the Current Account Switch Service.

Existing customers who move their accounts to NatWest and meet the conditions can also take advantage of the offer.

While NatWest has not yet confirmed an official end date for this promotion, the bank encourages savers to act quickly to make the most of the offer.

Paul Slinger, Customer Manager at NatWest, emphasized, “Now is the perfect time to switch. Not only will you receive £150 cash, but you’ll also earn 6.17% AER interest on your regular savings and an additional £5 each month by using your new Reward Account.”

The £150 bonus is available when customers switch to one of the following accounts: Reward, Reward Silver, Reward Platinum, Premier Reward, or Premier Reward Black.

For those choosing a Reward account, you can earn £4 a month by setting up two or more direct debits of at least £2 each. Additionally, you’ll receive £1 per month when logging into the mobile app.

Savers can also earn 6.17% interest with the NatWest Regular Saver on deposits up to £5,000 per month. The interest rate drops to 1.25% for deposits above that amount.

To qualify for the £150 bonus, customers must complete the account switch using the Current Account Switch Service, close their old account, and deposit at least £1,250 into the new account.

Meanwhile, other financial institutions like Nationwide Building Society are also offering bonus payments, including a £50 reward for their members.

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