Reward Platinum Current Account - Apply Online | NatWest

Reward Platinum current account

Great benefits plus Rewards. £19 per month.

Mobile phone and worldwide travel insurance   

UK car breakdown cover   

2% Rewards on 7 types of household bills paid by Direct Debit 

To apply you must be 18 or over and a UK resident

Apply for a new account Change your NatWest account

Change an existing account

Is this to be a sole or joint account change?

To apply, you need to be aged 18 or over and permanently resident in the UK.

Reward Platinum eligibility: To keep earning Rewards on your household bills, you must log into online or mobile banking at least once every three months. 

All these great benefits for £19 per month

Travel benefits

Worldwide Travel Insurance


Worldwide travel insurance that covers you and your family for trips of up to 31 days. The policy also includes winter sports and £10 million medical expenses cover (underwritten by U K Insurance Limited).

What you should know:

  • Family cover includes you and your partner, plus any dependent children under age 18 at the start of the journey, (under 23 if they’re in full-time education). Children must be living at the home address (or with the other parent), and be neither married or in a Civil Partnership
  • Your partner is the person you, the account holder, live with at the same home address in a relationship, whether married or cohabiting
  • To find out if you can extend your travel insurance to include cover for any new or existing medical conditions please click here or call 0345 609 0453 (or Minicom number 03456 000 512). You may have to pay extra for this or you may find that your condition cannot be covered. Lines are open 8am-8pm Monday - Friday, 9am-5pm Saturday, 10am-5pm Sunday and 9am-5pm on bank holidays. We are closed Christmas Day, Boxing Day, New Years Day and Easter Sunday. Calls may be recorded.
  • If anyone covered by the policy is aged 70 or over, there’s a £75 annual premium per person insured aged 70 or over
  • If you have an existing medical condition, you may have to pay an additional premium or accept that your cover may exclude certain conditions.

Travel money


Get preferential rates on foreign currency from our Travel Money service – we’ll even deliver the money to your door.

What you should know:

  • Orders must be online or over the phone through membership services to receive preferential rates
  • Minimum order of £100 applies.

Protection benefits

Mobile Phone Insurance


Your policy covers loss, theft, damage and breakdown (once your warranty has expired).  Underwritten by Aviva Insurance Limited.

What you should know:

  • Covers the phone you use on a daily basis. If your account is in joint names, cover is also provided for the phone the other account holder uses on a daily basis.  There is no cover for phones owned by your employer.
  • 2 successful claims can be made on this policy in any 12 month period.  If this is a joint account, both account holders can make 2 successful claims, with a maximum of 4 per account.
  • Our replacement phones are refurbished handsets in ‘as new’ condition using genuine manufacturer parts.
  • There is a £100 excess for each successful claim.

UK Car Breakdown Cover


Our partners, Green Flag will get you and your vehicle home, or to your preferred location, anywhere in the UK (underwritten by U K Insurance Limited).

What you should know:

  • Full national service - anywhere in the UK, including homecall
  • Cover for vehicles you own that are kept and registered at your home address
  • Anyone driving or travelling in the vehicle owned by you is covered too
  • Limited to 5 callouts in any 12 months
  • Doesn't cover any repair costs once the insured vehicle has been transported to a garage or repairer.

Lifestyle benefits                                    

National Trust family day passes

 

Discover some of Britain’s treasures with two family day passes each year at a selected range of National Trust sites.

What you should know:

  • Choice of over 300 places to visit
  • Each pass is valid for two adults and three children aged 5-17 (under 5’s do not count towards the three and incur no additional cost)
  • Includes car parking at a National Trust car park at no additional cost
  • Plus, get 20% off National Trust shops when you spend £20 or more at selected National Trust shops
  • You can also get an annual membership discount, call or go to membership services for details

tastecard

 

2 for 1 or 50% off at thousands of restaurants UK wide.

What you should know:

  • Some restaurants may exclude tastecard use on Friday or Saturday evenings, Mother’s Day, Father’s Day, Valentine’s Day, the whole of December and potentially other “event” type days
  • Where restaurants offer 50% off they may limit the number of people; where restaurants offer 2 for 1 this does not include side dishes or extras
  • Some restaurants require the customer to book prior to arriving at restaurants.

Rewards explained

What are Rewards?

They're simple

You automatically earn Rewards on seven selected household bills paid by Direct Debit and on purchases at partner retailers. 5.00 in Rewards = £5.00.

 

They could grow quickly

You could earn £83 on average in Rewards. There's no limit to the Rewards you can earn.

 

Average earning of £83 in Rewards a year is based on paying 7 types of household bills of £345 a month and is before the Reward monthly account fee is paid.

 

 

They're easy to exchange

As soon as your available Rewards balance is the equivalent of £5 or more, you can convert your Rewards to money, which you can either transfer into your NatWest current account or use towards reducing your Reward credit card balance.

 

Rewards can also be exchanged for gift cards or codes at selected retailers or converted to money and donated to participating charities.

How do I earn Rewards?

2% back in Rewards on seven household bills

You will earn Rewards on the following bills when you pay by Direct Debit from your Reward bank account; Council Tax, mobile, landline, TV package, gas, electricity and broadband.

 

Payments to billing organisations but which are for other services such as maintenance, repairs or insurance will not earn Rewards.   

 

At least 1% back in Rewards at partner retailers

After you've opened your account, you'll receive personalised retailer offers where you can earn extra Rewards when you use your NatWest debit card. To view your personalised offers, exchange any Rewards and to check your Rewards balance, you will need to register on the MyRewards site.

How do I exchange Rewards?

As soon as your available Rewards balance is the equivalent of £5 or more, you can login to MyRewards to exchange them. To login you will need to register, using your debit card. You can then choose from the following.

 

 

Bank it

Convert your Rewards into money. You can then transfer the money into your NatWest bank account or use towards reducing your Reward credit card balance. The funds will be cleared in your chosen account within 5 working days.

 

Trade up

Exchange your Rewards for gift cards or codes at our selected partner retailers.

 

Donate

Convert your Rewards into money, which can be donated to one of our chosen charities.

2% in Rewards on these bills when you pay by Direct Debit

As soon as your available Rewards balance is the equivalent of £5 or more, you can convert your Rewards to money, which you can either transfer into your NatWest current account or use towards reducing your Reward credit card balance. Rewards can also be exchanged for gift cards at selected retailers or converted to money and donated to participating charities.

Calculate how many Rewards you could earn
Get assistance or apply Apply for a Reward Platinum account
Apply now Compare our current accounts
Set Tab for lightbox