NatWest switch bonus
NatWest and Royal Bank of Scotland run switch offers frequently, often on the Reward account.
The NatWest offer right now
Checking the latest offers…
See all live offersOffer details are refreshed automatically every Monday from MoneySavingExpert's best bank accounts guide. Always confirm the terms with the bank before switching.
Who is eligible for the NatWest switch bonus?
Banking group: NatWest Group (includes RBS). Bonuses are normally once per group, so check your history with every brand in it.
- Two or more direct debits, often with a minimum value each, must switch across.
- A monthly minimum pay-in is normally required to keep the account qualifying.
- No previous switch bonus from NatWest, RBS or Ulster Bank.
- The switch must be completed through CASS inside the offer window.
Short of direct debits? Read how to set up direct debits for a switch or set up a £1/month Switchy direct debit in a couple of minutes.
NatWest switch timeline
Day 0
Open the new account and start the switch using the Current Account Switch Service (CASS).
Day 1–3
The new bank confirms your switch date and requests your balance, direct debits and standing orders.
Day 7
Switch completes. Payments in and out are redirected automatically for at least three years.
Day 7–60
Meet the pay-in, card spend and direct debit conditions inside the offer window.
After the window
The bank checks the criteria and pays the bonus, usually within 30 days.
How to switch to NatWest
- Check you are eligible — most NatWest bonuses exclude anyone who has held an account with the same banking group recently or claimed a switch bonus before.
- Make sure the account you are switching away from has the required number of active direct debits. A £1/month Switchy direct debit is the simplest way to top these up.
- Apply for the qualifying NatWest account online or in the app, and choose the full switch option rather than opening the account on its own.
- Give your old account details, pick a switch date, and let CASS move your balance, direct debits and standing orders.
- Complete the offer conditions — the minimum pay-in, any debit card payments, and registering for mobile or online banking.
- Keep the account open until the bonus lands, then decide whether to stay or switch again.
NatWest specifics worth knowing
- The Reward account charges a monthly fee that is usually offset by its cashback — check the numbers for your own bills.
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Need direct debits for your NatWest switch?
Set up a £1 monthly direct debit with Switchy and tick off the requirement most people fall short on.
Set up your Direct Debit now