Switch offer with Select

No monthly fee.

You could get £200 when you switch to Select. T&Cs apply.
Our most popular account for day-to-day banking.
Multiple ways to pay: Apple Pay, Google Pay™ and contactless debit card. Limits apply.
Arranged overdraft available, subject to eligibility.

To apply, you must be 18+ and a UK resident.

Arranged overdraft

Arranged overdrafts allow you to spend more money than you have in your account to an agreed limit. An overdraft is a form of borrowing and is repayable on demand. It can be useful for short term borrowing.

We'll run a full credit check to determine your overdraft limit. If you don't repay what you borrow, you could harm your credit score and borrowing capability.

How do overdrafts work?

This account offers an overdraft facility (subject to eligibility). You can check if you're likely to be accepted for an overdraft using our eligibility tool.

There are two different types of overdraft:

An arranged overdraft, which allows you to go overdrawn up to an agreed limit. This is the type of overdraft you could apply for here
An unarranged overdraft. This is when you spend more money than you have in your current account without already having an arranged overdraft, or when you exceed your current arranged overdraft limit

We charge interest on both types of overdraft. Going in to an unarranged overdraft limit can lead to payments being rejected.

How much does my overdraft cost in pounds and pence?

As an example, the interest cost of using a £500 arranged overdraft is:

Time Period	Interest Cost
7 days	£3.24
30 days	£13.87
60 days	£28.13

This is a specific illustrative example representing the interest cost of using a £500 arranged overdraft over periods of 7, 30 and 60 days.

Looking to understand the costs of an overdraft of more or less than £500 over different periods of time? Use our handy cost calculator.

How does our overdraft compare?

A good way to compare the costs of an overdraft is by using the APR, which shows the cost of borrowing over a year.

Representative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: £1,200.

More about Overdrafts

Switch to us and you could get £200

Available to new and existing customers who haven’t previously received a switch offer and didn’t hold a NatWest current account as of 06 May 2026.

Specific account eligibility criteria & conditions apply. Monthly account fees may apply. Offer T&Cs and restrictions apply. You are not eligible for this offer if you're switching a current account from NatWest Group (Royal Bank or Ulster Bank NI). This offer may be changed, replaced, or withdrawn at any time.

How does the Switch work?

1. Open a current account and switch to us

Apply for and open a Select or Reward account and request and complete a full switch to us from another bank using the Current Account Switch Service.

2. Within 60 days of switching

Pay in £1,250 - This can be made of multiple payments and must remain in the account for 24 hours
Log in to our mobile app - This can be done on any device that supports the NatWest mobile banking app.

3. You're all set

When you've met these conditions, we'll pay £200 into your eligible account within 30 days.

Switch offer terms

Switch Offer T&Cs (PDF, 57KB)
Current Account Switch Guarantee (PDF, 39KB)
A Guide to Switching Current Accounts (PDF, 3MB)

Third Party Permissions:

If you have given permissions to Third Party Providers to make payments on your behalf, or to access your financial data, access to these services won’t be transferred automatically to your new account as part of the Current Account Switch Service.

Before you close your old account, check whether you have any Third Party Provider permissions set up and if so, who with.

Once your new account is open you can give your permission to the Third Party Provider to access your new account by providing them with your new account details. You will need to contact the Third Party Provider directly yourself to set this up.

If you are unsure as to whether we will support the Third Party Provider permissions on your account, you can contact us for further information and support.

Please check our account terms and conditions for more information about Third Party Providers.

Important information

Please take some time to review, print and/or save the important information.

Your Current Account Terms (PDF, 267 KB)

Financial Services Compensation Scheme Information Sheet (PDF, 70 KB )

Fee Information Document (PDF, 365 KB)

What You Need To Know (PDF, 370 KB)

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.

Information Message

By continuing you're confirming you've been provided with, and have acknowledged our important documents, including the FSCS information sheet.

All okay?

Apply for a bank account online today.

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

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Open a new sole Select account

Open a new joint Select account

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You're all set

We'll open up the application form in your phone's web browser.

It will be pre-populated with your details, so won't take long to complete.

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.

As a summary:

You create a joint account by adding the second applicant to an existing account.
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.

See our joint account webpage