Compare Reward Accounts - bank accounts | NatWest

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NatWest Reward accounts

Get Rewarded, month in, month out

Earn 3% in Rewards on 7 types of household bills when you pay by Direct Debit

NatWest customers can apply to change in minutes

From only £3 a month

 

Rewards can be earned on council tax, electricity, gas, water, TV package, broadband and mobile phone bills.

Compare our Reward accounts

REWARD

£3 per month

A current account that Rewards you

Find out more

REWARD SILVER

£12 per month

Rewards and lifestyle benefits

Find out more

REWARD PLATINUM

£18 per month

Rewards and even more benefits

Find out more

REWARD BLACK

£28 per month

An account for our Private Customers

Find out more
To apply, you need to be 18 or over and a UK resident

Plus either £100,000 sole income to be paid into this account, a NatWest mortgage of at least £300,000 or £100,000 in NatWest savings and investments

Earn 3% Rewards on seven types of household bills paid by Direct Debit

Earn at least 1% Rewards at our Partner retailers

Earn 3% Rewards on seven types of household bills paid by Direct Debit

Earn at least 1% Rewards at our Partner retailers

Earn 3% Rewards on seven types of household bills paid by Direct Debit

Earn at least 1% Rewards at our Partner retailers

Earn 3% Rewards on seven types of household bills paid by Direct Debit

Earn at least 1% Rewards at our Partner retailers

Further information about account features and benefits

Insurance underwriting, mobile app availability

All our travel insurance, car breakdown cover and home emergency cover is underwritten by U K Insurance Limited. Our mobile phone insurance is underwritten by Aviva.

 

App available on selected smartphones, to NatWest customers with Online Banking and a UK mobile number beginning 07.

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

There's no limit to the Rewards you can earn. On average, currently our customers earn £120 per year in Rewards, based on average monthly Direct Debits of £333 (£4,000 per year) and excluding the monthly fee.

 

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?

3% 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.

If the Reward current accounts aren't right for you

Select current account

An alternative to the Reward accounts

Over 18s and UK residents only.

No monthly fee

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