Woman walking next to luxury swimming pool and thinking about NatWest Premier current accounts
NatWest Premier banking

Premier Reward Black - exclusive benefits for you and your family

To upgrade to Premier Reward Black you need to already have a current account with us. Premier eligibility criteria applies. £36 monthly fee.

Get our £180 offer when you switch into one of our Premier Reward accounts

Apply online or via our mobile app to open a new Premier Reward account and switch your current account held elsewhere using the Current Account Switch Service. This means your old bank account will close and any funds and Direct Debits will move over to us.

If you're an existing customer, you can switch your account held elsewhere in to an existing eligible Premier Reward account, or switch in and upgrade an existing account to one of our Premier Reward accounts. 

To be eligible for the offer, within 60 days of completing the switch, you must:

  • Have an eligible Premier Reward account.
  • 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. If you already have the app, you’ll need to be on the latest version. 

Account must be opened in a sole name before being made joint. It's not possible to switch a joint account into a sole account. If you're looking to switch in a joint account to us, you will need to wait for the joint account process to complete before requesting the switch.  

When you've met these conditions, we'll pay £180 into your eligible account within 7 days

Membership benefits worth up to £1,963 a year on average

£36 a month, that’s £432 a year

This account is bursting with benefits, and comes with our exclusive Premier Reward Black app, dedicated Membership Services, and everything in our Premier Select and Premier Reward accounts.

Premier Reward Black benefits

For your entertainment

Concierge service

Complimentary upgrades, preferential rates, and priority bookings for restaurants, hotels, shows, and events. 

Ticket booking

Get 25% cashback on tickets for concerts, shows, and sporting events throughout the UK and Ireland.

Cinema discount

Any day, any time, any film. Buy online with Membership Services for discounts at over 250 cinemas nationwide.

For your adventures

Airport lounge access

Access more than 1,000 airport lounges worldwide. Bought direct, DragonPass costs £379 a year.

Worldwide travel insurance

You and your eligible family members will be covered for trips up to 90 days – 31 days can be for winter sports.  

No foreign transaction fee

No Non-Sterling Transaction Fee with your Reward Black debit card. Not valid for ATM withdrawals. Other local fees may apply.

For you and your family

Mobile phone insurance

Many of us run our lives on our mobiles. Protect you and your family's phones against damage, loss, breakdown or theft.

Car breakdown cover

Get UK & European breakdown cover. If the AA can’t get your vehicle going again, they’ll get you to where you need to be.

Home emergency service

Get 24/7 home emergency cover up to £750 including VAT. And relax knowing we only use approved repairers. We’ll find someone you can count on.

Overdraft

No interest on the first £500 of an arranged overdraft. Manage your money in the short-term. Pay no interest on the first £500 of an arranged overdraft (subject to status). Representative APR 20.1% (variable). 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.

Reward Black credit card - Representative APR 40.7% (variable)

The Reward Black credit card annual fee is refunded for Premier Reward Black members. To apply, you must be a UK resident, aged 18+ and earning at least £15K per year.

And of course Rewards

£10 a month back in Rewards

Get £9 a month back in Rewards for two Direct Debits - they need to be at least £4.50 each. And £1 in Rewards a month just for logging into our app.

At least 1% back by spending

Whether you're shopping in Waitrose, or making hotel reservations with Booking.com, you can earn Rewards with our retail partners.

Bank, trade, or donate Rewards

If you’re feeling generous you can donate the Rewards you’ve built up, or choose to keep them for yourself as cash or an e-gift code.

Your benefits at a glance

Premier Reward Black costs £432, so £36 a month

Our Premier customers get more

Financial planning

Investment advice and support to make big financial decisions. Helping you and your family realise your life dreams.

Exclusive support

A team of real people on hand to guide you. Get access to expert help for any questions you have and support to reach your goals. 

Get ready to upgrade your account

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.

Not a NatWest customer yet?

Get a Premier Select account first to be able to upgrade to Premier Reward Black.

Premier Select has no monthly cost

First things first.

To join Premier you’ll need one or more of the following:

  • at least £100k sole income or £120k joint income paid into your NatWest account,
  • or a minimum of £100k savings or investments held with us,
  • or a £500k+ mortgage with us.

 

You can apply if you:

  • are aged 18+ and a UK resident.
  • and already have a current account us.

 

You should also think about:

  • whether you want an overdraft or not,
  • your existing insurance policies and their renewal dates to see if these benefits are right for you,
  • and if you want to add another person to your account, read about joint accounts here.

Now please take a look at the important legal information

If you decide to apply, 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.

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.

Change your account today

Before we begin your application for a Reward Black 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

You need to also meet one of the following criteria: have a minimum £100k sole income or £120k joint income paid into your NatWest account, or £500k minimum mortgage borrowing with us, or minimum £100k savings or investments held with us. 

Do we already know you?
If you have a current account, credit card, loan or savings account with NatWest please let us know.

Compare our current accounts

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

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

Do you have our app on a mobile device?
You can apply using either the mobile app or Online Banking. The mobile app is easier and quicker as we can prefill some of your information.

Here's a few steps to get started

If you're already using a device with the NatWest app, select the 'Start application' button below.

You will need the most up to date version of the app, to make changes to your account. 

To open a new account: 

  1. Once logged in to the app, choose 'Apply' and then current accounts. 
  2. Then choose what type of account you would like to open.

To change your account type or switch into your existing account: 

  1. Once logged in, click into the account you wish to change or switch.
  2. Choose either the 'Change my account type' or 'Switch my account' option. 

Can't scan the QR code?

 

Do you have NatWest Online Banking?

Log in to Online Banking

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Online Banking pin and password.
  3. Once you're logged in follow the below

To open a new account:

  1. Select 'Current accounts' from 'Our Products'. 
  2. Choose the account you want to apply for and complete your application.

To change to a different account type or to switch into your existing account: 

  1. Choose the account you wish to change or switch, click 'Account details'. Then choose either the 'Switch to us form' or review the section 'Want to change to a different type of current account?' to begin your application. 

Sign up for Online Banking

You’ll need to sign up for Online Banking with us to apply for a current account. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your NatWest Debit Card, if you have one.

Select ‘How to register for Online Banking' to start.  

Once you’ve registered, select ‘I am now signed up’ to log in and apply for a Premier Reward Black account. 

Log in to NatWest Online Banking

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Online Banking pin and password.
  3. Once you're logged in follow the below

To open a new account:

  1. Select 'Current accounts' from 'Our Products'. 
  2. Choose the account you want to apply for and complete your application.

To change to a different account type or to switch into your existing account: 

  1. Choose the account you wish to change or switch, click 'Account details'. Then choose either the 'Switch to us form' or review the section 'Want to change to a different type of current account?' to begin your application. 

Forgotten your Online Banking Details?

If you've forgotten your log in details, don't worry, select 'Reset my Online Banking' for further instructions. 

How to download and apply via the app

First, download the app:

  1. On your mobile or tablet, open the camera and point your device at the QR code.
  2. Follow the link that pops up to download the app.
  3. Use your details to log in and follow the below.

To open a new account:

  1. Once logged in to the app, choose 'Apply' and then 'Current accounts'. 
  2. Then choose what type of account you would like to open.

To change to a different account type or to switch into your existing account:

  1. Click into the account you wish to change or switch, then select 'Change my account type' or 'Switch my account' to begin your application.

Can't scan the QR code?

Available on selected devices.

Our other Premier current accounts

Premier Select

£0 a month

Not eligible for our £180 Switch offer

 

No Non-Sterling Transaction Fee when you make a payment outside the UK or in a foreign currency. Not valid for ATM withdrawals. Other local fees may apply.

Arranged overdraft with £500 interest-free buffer available (subject to status).

One-to-one support for more complex financial decisions.

Information Message

Information Message

Must be 18+ UK resident to 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.

Premier Reward

£2 a month

Eligible for our £180 Switch offer

 

£9 a month back in Rewards for 2 Direct Debits - they need to be at least £4.50 each.

£1 a month in Rewards just for logging into our mobile app. 

Earn at least 1% at partner retailers when you use your NatWest debit card.

Information Message

Information Message

Must be 18+, UK resident, and pay in at least £1,250 to an eligible NatWest account every month. T&Cs apply.