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Daily Record
Daily Record
Lifestyle
Linda Howard

NatWest offering new and existing customers free £200 within seven days after meeting switch criteria

If you are beginning to feel the financial pressure due to the rising cost of living and soaring energy bills this month, a quick way to boost your income is to get paid for switching your bank account. NatWest said new and existing customers switching their main current account to the bank will receive £200 within seven days of meeting the eligibility criteria of logging into mobile banking and paying in £1,250.

The bank has also increased the rate of interest on its digital regular saver account from 5% to 6%. The 6% 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.

NatWest savings customers can enter the draw by turning on the bank's ‘round ups’ feature, which saves the change to the nearest pound when a transaction is made. There are 33 prizes available, with three top prizes of £10,000 and 30 of £500 - the draw closes on April 21 2023.

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