Free £150 to Switch + 2% Back on Bills at Natwest

Ready to apply

A bank account that rewards you

Earn 2% in Rewards on 7 types of household bills paid by Direct Debit. On average our Reward customers earn £83 a year in Rewards (not incl. monthly fee) based on monthly bills of £345

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.

The NatWest Reward account gives £150 if you open an account and request a switch by 11.59pm on Fri 6 Dec. There's a £2/mth fee, but you get 2% cashback on most bills paid by direct debit, eg, council tax, energy, phones. The offer's also available from sister bank RBS, though you need to apply by 29 Nov for that.

NatWest says its average customer earns £59/yr cashback after the fee. Our analysis shows you could earn well over £100/yr if you've higher bills – so £250+ if you switch and stay for a year.

Want to switch to a free account? You can also get the £150 with the NatWest Select and RBS Select accounts, but there's no bills cashback.