Upgrade to a NatWest Reward Silver account
What is the NatWest Reward Silver account?
NatWest Reward Silver is a current account packed full of useful extras. As the name suggests, it could make your everyday banking a little bit more rewarding.
For a monthly fee of £10, you get access to a range of fantastic perks which could be great for staying in, going out or getting away. Enjoy everything from cinema discounts to European travel insurance.
You can also access monthly Rewards that you can spend, use to buy gift vouchers and e-codes or even donate to charity.
This account has a £10 monthly fee and to apply, you must be an existing NatWest current account customer.
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 partner retailers 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. You’ll be covered for illness and emergency medical treatment, for 22 days per trip.
- 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 that you can redeem as cash or e-Gift Cards. Or get Rewards for everyday banking tasks like paying Direct Debits or logging into your mobile app.
- £10 monthly fee. It’s all yours for £10 a month.
Phone insurance underwritten by American International Group UK Limited. Travel Insurance is underwritten by U K Insurance Ltd.
How do rewards work?
You can earn £4 a month back in Rewards for setting up two or more Direct Debits. Two of those Direct Debits need to be at least £2 each. Plus, you can earn an extra £1 a month back in Rewards with one mobile app login. That's up to £5 a month to spend on whatever you like.
You can also earn from 1% back in Rewards when you spend with our retail partners. When your available Rewards balance is the equivalent of £5 or more, you can:
Switch to NatWest
If you dont already bank with us, you can switch to a Select account or basic Reward account and upgrade to a Reward SIlver account afterwards. The Current Account Switch Service will transfer your balance, payments and income in just 7 working days. You can then upgrade to a NatWest Reward Silver account.
- Apply online or via our mobile app to switch a current account held elsewhere(using the Current Account Switch Service) into a NatWest account from 14th February 2023 to receive our offer of £200.
- Deposit £1,250 into your account and log into our mobile banking app within 60 days. App eligibility criteria apply.
- When you meet these conditions we'll pay £200 into your eligible account within 7 days.
- If you've previously received a switching incentive from NatWest Group, you will not be eligible for this offer. Offer can be withdrawn or amended at any time.
Switch offer T&Cs apply (PDF, 166KB)
Current Account Switch Guarantee (PDF, 39KB)
A Guide to Switching Current Accounts (PDF, 3MB)
More detail on benefits
Ready to upgrade your account?
Take a look at the important legal information first:
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.
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.
