Open a Reward Bank Account
A bank account that rewards you
Earn 2% in Rewards on 7 types of household bills paid by Direct Debit. On 1st February 2020 we're changing the way you can earn Rewards.
Plus, earn at least 1% back in Rewards on spend with our partner retailers
Like all of our current accounts, you can pay your way - use Apple Pay and Google Pay™ for payments with your phone, and Paym, to send money securely with just a telephone number and our mobile banking app
£150 when you switch to NatWest (available to new and existing customers)
£2 monthly fee
To apply, you must be 18+ and a UK resident. To earn Rewards you need to log into Online or Mobile Banking at least once every three months and pay in £1,500 to an eligible NatWest account every month.
Hey you! Want £150?
Switch your current account to us and we'll give you £150 cashback.
Apply and open a new account or switch in to an existing account with us by the 6th December 2019.
In your application select to switch to us. The Current Account Switch Service will then automatically move your existing payments and close your account held elsewhere.
Pay in at least £1500 and log in to Online or Mobile banking by 24th January 2020.We'll pay £150 in to your NatWest account by the 21st February 2020.
Offer not available on Student, Adapt or Foundation accounts. If you've had cashback for switching to NatWest (or Royal Bank of Scotland) since October 2017 you won't be able to get it again.
Earn and exchange Rewards
Mobile Banking app OpenClose
We're changing the way you can earn Rewards
On the 1st February 2020, instead of earning 2% back in Rewards on household bills, you'll earn £4 a month back in Rewards for 2 or more Direct Debits - 2 of those Direct Debits need to be at least £2 each. Plus, earn an extra £1 a month back in Rewards with 1 mobile app log in.
That's up to £5 a month back in Rewards to spend on whatever you like!
We're also reducing the amount you pay into any personal current account each month from £1,500 to £1,250.
Open a bank account online
Upload your ID
Get ready to apply
Before you apply, we need to check you're happy with a few things. And ask you a few questions up front. Then we can make your application as quick and simple as it can be.
First things first. You can apply if you:
are aged 18 or over and a UK resident
will log into Online or Mobile Banking at least once every three months
will pay in £1,500 each calendar month to any personal current account you have with us. Excludes Foundation and transfers between your own NatWest accounts
Not sure a Reward account is for you? Look into our Select everyday bank account with no monthly fee.
Now please take a look at the important legal stuff
If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Online Banking - not posted. Please take some time to review, print and/or save the important information.