Premier eligibility criteria apply. To apply, you need to be 18+, a UK resident and pay in at least £1,250 monthly to an eligible NatWest account. You can only hold a maximum of 1 Reward account in your name, and 1 in joint names. £2 monthly fee.
This offer is available to new and existing customers who did not hold a NatWest current account on 02 September 2026.
Apply for and open a Premier Select or Premier Reward account and request and complete a full switch to us from another bank using the Current Account Switch Service.
Then, within 90 days of switching:
The deposit can be made of multiple payments (e.g. your salary), and each payment must remain in your account for 24 hours.
We'll check your account 90 days after your switch has completed. If all steps have been completed, the £500 will be paid into your account within 30 calendar days provided it remains open.
Specific account eligibility criteria & conditions apply. Offer T&Cs and restrictions apply. You won’t be eligible if you or anyone on the account has previously received a NatWest Group cash switch incentive, or if you’re switching an account from NatWest Group (Royal Bank or Ulster Bank). This offer may be changed, replaced, or withdrawn at any time.
To make sure this account is right for you, please take your time to understand how you can earn and exchange Rewards. Not sure yet? Take a look at our Premier Select everyday bank account with no monthly fee.
Before you apply for a bank account with us, 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.
You can apply if you
are aged 18+
are a UK resident
And you have
New to NatWest? You can still apply and move your qualifying balance or borrowing to us after your account is open.
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.
£0 a month
Must be 18+ and a UK resident to apply. Premier eligibility criteria apply.
Overdraft: Representative APR 20.1% (Variable). Other charges may apply.
How does our overdraft compare? A good way to compare the costs of borrowing products is by using the APR, which shows the cost of borrowing over a year.
£39 a month
To apply, you must be an existing NatWest current account customer. Premier eligibility criteria apply. To earn £9 in Rewards, you need to set up two or more Direct Debits per month of at least £4.50 each. App criteria apply.
