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Why pick a bank account with benefits?
NatWest Reward Silver could be useful for large purchases, everyday spending and treating yourself. That's because you can earn from 1% back with our partners and earn Rewards for doing your day to day banking with us. This account lets you manage your money in the same way as you would with a standard current account. You just get a few added extras along the way.
- Insurance for European travel. Provides cover for trips of up to 22 days. Cover includes cancellation and emergency medical treatment.
- Mobile phone insurance. Breaking or losing a phone can be stressful and expensive. We’ll cover you for loss, theft, accidental damage and breakdown (once your manufacturers warranty has expired).
- Fee-free debit card purchases abroad. Wave goodbye to debit card transaction fees when you jet off on holiday, so you can spend without worrying about additional costs. Keep in mind money from a cashpoint abroad can come with local charges.
- Earning Rewards. Earn £4 a month in Rewards for 2 or more Direct Debits of at least £2. Earn £1 a month in Rewards just by logging in to our mobile app. These Rewards can be redeemed as cash or e-Gift Cards.
- £10 monthly fee. It’s all yours for £10 a month.
Mobile phone insurance underwritten by Aviva Insurance Limited. Travel insurance is underwritten by AWP P&C SA and administered by AWP Assistance UK Ltd trading as Allianz Assistance.
Switch into a Reward Silver account and get our £180 offer
If you don't already bank with us, and feel the Reward Silver account best suits your needs, you could apply online or via the mobile app to open a new basic Reward account and switch using the Current Account Switch Service. The basic Reward account has a £2 monthly fee. You can then upgrade to a Reward Silver account.
If you're an existing customer, you can switch your account held elsewhere in to an existing eligible Reward account, or switch in and upgrade an existing account to one of our Reward accounts.
To be eligible for the offer, within 60 days of completing the switch, you must:
- Have an eligible Reward account.
- Pay in £1250. This can be made of multiple payments and must remain in the account for 24 hours.
- Log in to our mobile app. If you already have the app, you’ll need to be on the latest version.
When you've met these conditions, we'll pay £180 into your eligible account within 7 days.
Account eligibility and monthly fees apply.
Using the Current Account Switch Service means your old bank account will close and any funds and Direct Debits will move over to us.If you've previously received a switch incentive from NatWest Group, you won't be eligible for this offer. Offer can be withdrawn or amended at any time due to limited availability. App criteria apply. Offer T&Cs apply.
More detail on benefits
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European travel insurance (with COVID cover)
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Banking with us OpenClose
If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Online Banking - not posted. Please take some time to review, print and/or save the important information.