Bank accounts

Reward Silver account

£12 monthly fee

Some people love to live life to the full

You can get insurance cover for European travel and your mobile phone. You can also earn Rewards on 7 types of household bills paid by Direct Debit. This account can be opened as a joint account.

Product features...

Rewards

What are Rewards?

Rewards are our way of giving you something back. Get rewarded on 7 types of household bills paid by Direct Debit. Your Reward balance can grow quickly, they’re easy to earn and they’re easy to exchange.

What are Rewards – in detail

When you open a Reward Silver account, you’ll earn Rewards on selected household bills. You could earn £83 on average in Rewards a year. This figure is based on paying 7 types of selected household bills of £345 a month and is before the Reward monthly account fee is paid. 5 Rewards = £5.00.

How do I earn Rewards?

You’ll earn 2% on eligible household bills paid by Direct Debit and at least 1% at our partner retailers.

How do I earn Rewards? – in detail

2% back in Rewards on eligible household bills

You’ll automatically earn Rewards on the following bills as long as you pay them by Direct Debit; Council Tax, water, gas, electricity, mobile, landline TV package and broadband.

1% back in Rewards at partner retailers

You can earn at least 1% at our partner retailers when you use your NatWest debit card. 

What you should know

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

How do I exchange Rewards?

It’s easy. Once your balance has grown to at least £5, we’ll give you a choice of what you can do with them. You can bank them, trade them or donate them to one of our chosen charities.

How do I exchange Rewards – in detail

Once you have opened your Reward bank account you can set up a MyRewards account. This is where your Rewards are automatically stored. It’s also where you go to check your personalised offers or your Rewards balance. 5.00 Rewards = £5. Once it’s the equivalent of £5 or more, you can choose any of the following:

Bank it

Convert your rewards into money by simply transferring it into your NatWest bank account. It takes 5 days to clear into your chosen account.

Trade up

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

Donate

Convert your Rewards into money and donate it to one of our chosen charities.

Travel

Travel insurance

Do you love to travel? This account offers European travel insurance that covers you for up to 22 days per trip. The policy also includes winter sports cover (underwritten by U K Insurance Limited).

Travel insurance – in detail

The policy Covers you and joint account holders

To find out if you can extend your travel insurance to include cover for any new or existing medical conditions please call 0345 601 5219 (or Minicom number 0345 600 0512).

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 great deals on foreign currency from our Travel Money Service. We'll even deliver the money to your door.

Travel money - in detail

Order in advance online or over the phone. Orders must be through Membership Services to receive preferential rates. Minimum order of £100 applies, maximum £2,500.

Insurance

Mobile phone insurance

When bad things happen to your mobile, you need good cover. Our mobile phone policy covers theft, accidental damage and breakdown (once your warranty has expired). Policy underwritten by Aviva Insurance Limited.

Mobile phone insurance in detail

Our mobile phone insurance 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.  Both account holders can make 2 successful claims, with a maximum of 4 per account.

There is no cover for phones owned by your employer.

2 successful claims can be made on this policy in any 12-month period. 

Our replacement phones are refurbished handsets in ‘as new’ condition using genuine manufacturer parts.

There is a £100 excess for each successful claim.

Lifestyle

Ticket booking service

Great nights out are now a great deal cheaper. Get 25% cashback on tickets for theatre, dance, opera, concerts and more, throughout the UK and Ireland.

Ticket booking service in detail

Receive cashback on up to six tickets through the booking service for each event, up to four bookings a year.

Tickets can be booked by phone or online via the membership services website. 

Cashback is calculated on the full price of the ticket including any booking fees.

The account holder must be attending the event to qualify for cashback.

How do I get my cashback?

You don’t need to do anything. Your cashback will be paid into your Reward Silver account within 30 days of your booking.

Tastecard

If you love eating out, you’ll love this offer: get 2 for 1 or 50% off your food bill at thousands of restaurants UK wide.

Tastecard in detail

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.

Not sure Rewards are for you?

View our everyday bank account with no monthly fee and all the standard features that help make your banking hassle free.

Other features…

Mobile Banking app

Our Mobile Banking app is so good it was voted by customers as the ‘Best Banking App’ in the British Bank Awards 2018 for the second consecutive year. The app is available to Online Banking customers with a UK or international mobile number in specific countries.

Mobile Banking app in detail

Log in with your fingerprint on selected Apple and Android devices– it’s simple, secure and fast.

Check your balance on the move – handy if you’re out shopping and what to know how much you can safely spend. You can also keep track of your Rewards balance.

Easily manage your payments and Direct Debits – keep an eye on your direct debits and remind yourself what you’ll be earning Rewards on.

Register your travel plans – reduce the chance of your debit card being blocked while you’re abroad.

That’s only half the story. Find out what else you can do with our award-winning app.

More about our Mobile Banking app

Joint account

You can open this account as a joint bank account, so two people can manage the finances. It can be ideal if you need to make shared payments, e.g. household bills, rent etc.

Joint account in detail

When applying, make sure you have the ID details for both people who are looking to open the joint account.

Arranged Overdraft

To help you out with those unexpected bills that can pop up occasionally.

Arranged Overdraft in detail

An Arranged Overdraft is a short-term way to borrow and can be a really useful way to pay for unexpected bills. An Arranged Overdraft means we’ve approved extra funds for you, which are available on your current account.

What you should know

You can arrange an overdraft with this bank account. We will only charge you interest and/or fees if you use your Arranged Overdraft. Subject to eligibility.

How much will I get?

It depends. We’ll look at your individual circumstances and decide on your overdraft limit. We’ll take into account age, earnings and credit rating.  Here’s a representative example, If you get an arranged overdraft limit of £1,200 on your bank account and use all of it, you will be charged arranged overdraft interest at 19.89% EAR (variable) and a monthly usage fee of £6.

Visa debit card

Make purchases. Withdraw cash. Pay contactless

Visa debit card in detail

Use your Visa Debit card to pay for purchases in shops and online, travel, meals out, coffees etc.

What is contactless?

Want to pay quickly and securely for amounts of less than £30? Just look for the contactless symbol, then touch your card against the reader. Simple as that! You can also pay contactless by using Apple Pay or Google Pay. 

24/7 banking

Access your account wherever, whenever.

24/7 banking in detail

Because we all lead busy lives, we’ve made it easy for you to access your account whenever it suits you, through our Online Banking or our Mobile Banking App. Alternatively call one of our UK call centres, available 24 hours a day.

Everyday support

Text alerts, email alerts, manage Direct Debits and more.

Everyday support in detail

Our bank accounts are designed to help you with your day to day banking needs. You can set up text alerts and manage Direct Debits as a convenient way to pay household bills or memberships to gyms etc.

What are text alerts?

Text alerts are a really neat way of keeping tabs on your money. You can get a text alert to let you know when your balance is about to go below a certain limit, or to let you know what your balance is at a specific time.  You can set them up when you fill in the online application form or in our Mobile Banking app. 

How to apply online

Have ID ready

We’ll need some details from you, such as your address history, monthly income and some ID.

Start your application

You can apply online right now if you are ready. Just use the section below to tell us about yourself.

How long will it take?

You should be able to complete the online application within an average lunch break.

I'm ready to apply

Great, thanks for choosing to bank with us. Are you a…

How to submit your ID online

To get your account open quickly, we may ask you for your UK driving licence, passport or EU ID card along with a credit/debit card.

If you don’t have these handy, make sure you provide us with your mobile number and email so you can upload these later through our DigiDocs service.

 

And now for the important legal stuff...

To open this account you must meet these requirements

Aged 18+

A UK resident

To earn Rewards you need to log into Online or Mobile Banking at least once every three months 

Not sure Rewards are for you?

View our everyday bank account with no monthly fee.

Important Information

Please take some time to review, print and/or save the important information. By clicking to proceed you are confirming that you have been provided with, and have acknowledged our important documents including the FSCS information sheet.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Are you ready to continue?

Would you like to open a joint account?

Great! Now we know a bit more about you, we can get started…

Great! Now we know a bit more about you, we can get started…

What would you like to do today?

Great, as we already know you, this shouldn't take long at all

When you complete the application form, we'll just need the sort code and account number of the current account you want to change. You can find these within your mobile banking app, online banking or paper statement.

And now for the important legal stuff...

To open this account you must meet these requirements

Aged 18+

A UK resident

To earn Rewards you need to log into Online or Mobile Banking at least once every three months 

Not sure Rewards are for you?

View our everyday bank account with no monthly fee.

Important Information

Please take some time to review, print and/or save the important information. By clicking to proceed you are confirming that you have been provided with, and have acknowledged our important documents including the FSCS information sheet.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Are you ready to continue?

One last question…

Is the account you wish to change your sole account or a joint account?

Great! Now we know a bit more about you, we can get started…

Great! Now we know a bit more about you, we can get started…

Great, as we already know you, we can help you complete the application form.

If you use Online Banking. we can speed up your online application by pre-filling your personal information. You'll just need to enter your Online Banking Customer Number and partial PIN and Password.

If not, don't worry, we'll just need to re-confirm a few account details with you instead.

And now for the important legal stuff...

To open this account you must meet these requirements

Aged 18+

A UK resident

To earn Rewards you need to log into Online or Mobile Banking at least once every three months 

Not sure Rewards are for you?

View our everyday bank account with no monthly fee.

Important Information

Please take some time to review, print and/or save the important information. By clicking to proceed you are confirming that you have been provided with, and have acknowledged our important documents including the FSCS information sheet.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Are you ready to continue?

One last question…

Do you have NatWest Online Banking?

Great! Now we know a bit more about you, we can get started…

Great! Now we know a bit more about you, we can get started…