Packaged bank accounts

Upgrade your bank account to Reward Silver

Upgrade your reward bank account with insurance and lifestyle benefits

  • Earn Rewards that you can redeem as cash, gift cards or e-codes with our retail partners.
  • Insurance cover for European travel.
  • Mobile phone insurance.
  • Fee-free debit card purchases abroad.
  • Arranged overdraft available (subject to eligibility).
  • Multiple ways to pay: Apple Pay, Google Pay™  and Contactless Debit Card. Limits apply.

£10 monthly fee.

Get our £175 offer when you switch into your Reward Silver account

  • Apply online or via our mobile app to switch a current account held elsewhere into a NatWest account between 13th September and 3rd November 2022 at 5pm to receive our offer of £175.
  • Deposit £1,250 into your bank account and log into our mobile banking app before 16th December 2022. App eligibility criteria apply.
  • If you meet these conditions, we’ll pay £175 into your eligible account by 12th January 2023.

This service is only available to switch current accounts. Any other products you have with your old bank won't be moved at the same time.

Switch offer T&Cs apply (PDF, 60KB)

Current Account Switch Guarantee (PDF, 39KB)

A Guide to Switching Current Accounts (PDF, 3MB)

What happens when you switch?

Day 1 & 2

The Current Account Switch service will contact your old bank and they confirm if the switch can go ahead.

Day 3

Your new account will then be set up and your payments, like your salary and bill payments will be moved across.

Day 6 & 7

We talk to your old bank about transferring the balance over. On Day 7 your balance will then be transferred and your old account will be closed. And that's your switch complete!

Get additional travel benefits with our packaged bank accounts

Travelling this summer? With Reward Silver you can get travel insurance and no non-sterling transaction fees for using your card abroad.

European travel insurance (with COVID cover)

You’re covered for 22 days per trip for UK and European travel (including winter sports). It includes emergency medical expenses, cancellations, baggage and more.

European travel insurance is underwritten by U K Insurance Limited.

No charges for using your debit card for purchases abroad

We won't charge you a non-sterling transaction fee when using your Reward Silver debit card outside the UK. That means you can make purchases with your Reward Silver debit card anywhere in the world without worrying about extra charges. 

Withdrawing cash from ATMs abroad

Sometimes it’s handy to have cash on you when abroad, however getting money from a cashpoint abroad can come with charges. You’ll most likely be charged a non-sterling transaction fee.

Other features and benefits


Mobile phone insurance

When bad things happen to your mobile, you need good cover. Our mobile phone policy covers loss, theft, accidental damage and breakdown (once your manufacturer’s warranty has expired). Underwritten by American International Group UK Limited.


Cinema discount

Take advantage of up to 40% off the price of cinema tickets.


If you love eating out, you’ll love this offer: get 2 for 1 or 50% off your food bill at thousands of restaurants UK wide.


Earn Rewards

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.

Exchange Rewards

Once you reach £5 in Rewards, the choice is yours. Bank it into your NatWest bank account, trade up for gift cards and e-codes with our retail partners, or donate to one of our chosen charities.

Banking with us

Mobile app

Stay in control of your money with our easy to use Mobile Banking app.

Our range of savings accounts

We have a range of savings accounts available to our current account holders.

An arranged overdraft is available with this account (subject to eligibility).

An overdraft is a form of borrowing and is repayable on demand. It can be useful for short term borrowing.

To apply for or amend an overdraft on your account visit our Overdraft pages.

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.

Upgrade your account today

Before we begin your application for a Reward Silver account, we need to do a few final checks with you. First things first. You can apply if you:

  • are aged 18 or over and a UK resident
  • already have a NatWest current account
Do you already have a current account with NatWest?
What would you like to do today?

Switch offer

Changing your existing current account doesn't qualify you for our switching offer.

To qualify, you need to switch and close a current account held with another bank to your NatWest account.

Which account would you like to change?

You're all set

During the application, you'll need:

  • The account number and sortcode of the current account you want to change. You can find these in your app/online banking.

You're all set

During the application you'll need:

  • The account number and sort code of the current account you want to change. You can find these in your app/online banking.

To get the £175 switch offer you need to:

  • Apply to switch to NatWest between 13th September and 3rd November 2022 at 5pm.    
  • Pay in £1,250 and login to our mobile banking app by 16th December 2022

App eligibility criteria apply.

You're all set

You’ll need these bits of info handy for your application:

  • The account number, sort code and debit card number of the bank account you want to switch to NatWest
  • The account number and sort code of your existing NatWest current account

The Current Account Switch Service will move everything across from your old bank account to your NatWest current account within 7 working days. 

Compare our current accounts

We're sorry but you must have an existing NatWest current account to upgrade to a Reward Silver.

Our Select and Reward accounts are available to new customers. If you still like the look of our Reward Silver account you can come back and upgrade later.