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reward
Bank accounts

Open a Reward bank account

The current account that rewards you for everyday spending. Voted in March 2024 as ‘Best Reward current account provider'  by YourMoney.com

To apply, you need to be 18+ and a UK resident. You need to also pay in £1,250 to an eligible NatWest account every month. You can only hold a maximum of 1 Reward account in your name, and 1 in joint names.

Why choose a Reward account?

Earn from 1% in Rewards when you spend with your NatWest debit card at our partner retailers. 

Redeem Rewards as money back into your current account, trade them up for eGift cards, or donate them to charity.

Easily use our mobile banking app.

Arranged overdraft available (subject to eligibility).

Multiple ways to pay: Apple Pay, Google Pay™ and Contactless Debit Card.

£2 monthly fee.

Learn how to earn and exchange Rewards

Earn rewards

Up to £5 a month back

Earn £4 a month back in Rewards for 2 or more Direct Debits (2 of those Direct Debits needs to be at least £2 each). Plus, earn an extra £1 a month back in Rewards with 1 mobile app log in. That's up to £5 a month back in Rewards to spend on whatever you like!

Also earn from 1% in Rewards when you spend with your NatWest debit card at our partner retailers. Check out our current retailers in the mobile app. 

Your Rewards balance can grow quickly, they're easy to earn and they're easy to exchange!

Information Message

Exchange Rewards

For cash back, gift cards and more

Once you reach £5 in Rewards, the choice is yours. Redeem Rewards as money back into your current account, trade them up for eGift codes, or donate to one of our chosen charities.

How to exchange your Rewards

Great news, there is no need to set up your Rewards. You can see your MyRewards balance and claim straight from the NatWest app with the touch of a button. There's no need to use a password.

Keep in mind, if you choose to bank your Rewards it will take 5 working days to clear. 

Information Message

Overdrafts on our current accounts

An overdraft is a form of borrowing and is repayable on demand. If you don’t repay what is owed, you could harm your credit score and borrowing capability.

Switch to NatWest

Why not switch your current account to NatWest, we'll do all the hard work for you and you'll barely need to lift a finger.

Open a Reward bank account online – FAQs

Get ready to apply

Before you apply, we need to check you're happy with a few things. And ask you a few questions up front. Then we can make your application as quick and simple as it can be.

First things first. You can apply if you:

are aged 18 or over and a UK resident.

will pay in £1,250 each calendar month to any eligible personal current account you have with us.

do not currently hold 2 Reward accounts.

Not sure a Reward account is for you? Look into our Select everyday bank account with no monthly fee.

Now please take a look at the important legal stuff

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.

As part of the checks that we will complete to verify your identity, we’ll take an image of your face so that it can be compared with your photo ID and this biometric data is captured.

All okay? Apply for a bank account online today.

To speed up your application for our Reward account, we need to do a few final checks with you. They'll only take a minute.

Do we already know you?
If you have a current account, credit card, loan or savings account with NatWest please let us know.
What would you like to do today?

You're all set

  1. Tell us a bit about yourself and we’ll set up your account.
  2. We might need to verify your identity when you apply online.
  3. We’ll do this by matching your Photo ID to a selfie of you. You’ll need a device with a camera to upload these. We might also ask for other information like proof of address.  If you don’t have your ID to hand, you can finish this step later. 
  4. Our partner Mitek will then check your identity by matching you to your Photo ID. Your Photo ID must be a Passport, UK or EU/EEA Driving Licence or an EU/EEA National ID card. We might also ask for a valid proof of address. If you don't have your ID to hand you can finish this step later.
  5. Once they’ve confirmed your identity we’ll activate your account.

Here's what to do next

We’ve made a few changes to how we open joint bank accounts.

The button below takes you to a dedicated page explaining exactly what you need to open your account.

In summary:

  1. You create a joint account by adding the second applicant to an existing account.
  2. You can either add the second applicant to an existing account, or if you’d like a completely new account, one of you can open a new account and then add the second applicant once it’s open. 
Do you have our app on a mobile device?
You can apply using either the mobile app or online banking. The mobile app is easier and quicker as we can prefill some of your information.

Great, let's get started

Just a heads up, you'll need to take a few steps to start your application.  

  1. If you're already using a device with the NatWest app, select the 'Start application' button below. Using a desktop? Simply scan the QR code with your mobile device that has the NatWest app.
  2. Once logged in, select 'Current Accounts'. 
  3. Then choose what type of account you would like to open, change or switch to, and follow the instructions within app to start your application. 

Can't scan the QR code?

Do you have NatWest Online Banking?

Log in to Online Banking

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Online Banking pin and password.
  3. Once you're logged in follow the below.

To open a new account:

  1. Select 'Current accounts' from 'Our Products'. 
  2. Choose the account you want to apply for and complete your application.

To change to a different account type or to switch into your existing account: 

  1. Choose the account you wish to change or switch, click 'Account details'. Then choose either the 'Switch to us form' or review the section 'Want to change to a different type of current account?' to begin your application. 

Sign up for Online Banking

You’ll need to sign up for Online Banking with us to apply for a current account. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your NatWest Debit Card, if you have one.

Select ‘How to register for Online Banking' to start.  

Once you’ve registered, select ‘I am now signed up’ to log in and apply for a Reward account. 

Log in to NatWest Online Banking

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Online Banking pin and password.
  3. Once you're logged in follow the below.

To open a new account:

  1. Select 'Current accounts' from 'Our Products'. 
  2. Choose the account you want to apply for and complete your application.

To change to a different account type or to switch into your existing account: 

  1. Choose the account you wish to change or switch, click 'Account details'. Then choose either the 'Switch to us form' or review the section 'Want to change to a different type of current account?' to begin your application. 

Forgotten your Online Banking Details?

If you've forgotten your log in details, don't worry, select 'Reset my Online Banking' for further instructions. 

How to download and apply via the app

First, download the app, then:

  1. On your mobile or tablet, open the camera and point your device at the QR code.
  2. Follow the link that pops up to download the app.
  3. Use your details to log in, then select ‘Apply’ at the bottom of the app.

Can't scan the QR code?

Available on selected devices.

Compare our range of Reward accounts

Already got a NatWest current account? Existing customers could choose to upgrade to one of our other Reward accounts. Specific account eligibility criteria apply.

Reward Silver account

£10 monthly fee
  • European travel insurance
  • Mobile phone insurance
  • Fee-free debit card spending abroad
  • Plus, all the benefits of the Reward account

Reward Platinum account

£22 monthly fee
  • Worldwide travel insurance
  • UK car breakdown cover
  • Plus, all the benefits of the Reward account

Premier Reward Black account

£36 monthly fee
  • Worldwide travel insurance
  • Mobile phone insurance (family cover)
  • UK and European car breakdown cover
  • Home emergency cover

 

You could be eligible if you earn more than £100,000 a year.

Reward credit card

£24 annual fee*
  • Get 1% back at supermarkets
  • 1-15% back at chosen retailers
  • 0.25% back everywhere else

*Annual fee refunded if you have a Reward current account.

Available to UK residents, aged 18+ and earning at least £10K per year.

Other ways we could help