A high street bank has announced that anyone switching their main current account to it will be eligible for a £200 payout. Natwest said that people should receive the cash within seven days of meeting the eligibility criteria of logging into mobile banking and paying in £1,250.
The bank is also increasing the rate of interest on its digital regular saver account from five per cent to six per cent from Tuesday (Feb 14). The six per cent rate is paid on balances up to £5,000 and customers can save up to £150 every month.
Customers can also take part in a new savings prize draw. People can enter by turning on the bank’s “round ups” feature, which saves the change to the nearest pound when a transaction is made.
