Banking · Checked against NatWest’s own page
NatWest switch offer: £500 for switching to the Premier Select account
NatWest Premier Select account: £500 switching offer. Premier customers only: you need £100k sole or £120k joint income paid in, £100k in savings or investments with NatWest, or a £500k NatWest mortgage, and you must pay in £15,000 within 90 days
- Paid within 30 days of the check made 90 days after your switch completes
Premier customers only: you need £100k sole or £120k joint income paid in, £100k in savings or investments with NatWest, or a £500k NatWest mortgage, and you must pay in £15,000 within 90 days
No commission
What you have to do
- Meet the Premier eligibility criteria
- Apply for a Premier Select (or Premier Reward) account and complete a full switch using the Current Account Switch Service
- Pay £15,000 into the new account within 90 days of switching
- Log in to the NatWest mobile app
- NatWest checks 90 days after the switch completes and pays £500 within 30 days if the account is still open
The details
- Deadline
- Pay £15,000 into the new account within 90 days of switching; each payment must stay in for 24 hours
- Paid
- within 30 days of the check made 90 days after your switch completes
- Monthly fee
- No monthly fee
- Who can get it
- Not available if you held a NatWest current account on 2 September 2026, if anyone on the account has had a NatWest Group cash switch incentive before, or if you are switching from Royal Bank of Scotland or Ulster Bank
- Source
- NatWest product page Checked 17 Oct · No commission
Is NatWest any good?
The offer is one thing; the bank is another. Read William’s natwest current account review: the accounts, the fees, the overdraft rate and how NatWest compares with the other high street banks.
How it compares
1st of 9 by switching bonus, among the switch offers MoneyHQ has checked.
| Account | Bonus | Monthly fee | Pay in | Paid within |
|---|---|---|---|---|
| NatWest Premier Select account (this offer) | £500 | None | £15,000 | 120 days |
| Barclays Bank Account | £300 | None | £2,000 | Not stated |
| Santander £240 switch offer | £240 | None | £1,500 | Not stated |
| HSBC UK Bank Account | £220 | None | £2,000 | 60 days |
| First Direct 1st Account | £210 | None | £1,000 | Not stated |
| Lloyds Club Lloyds account | £200 | £5 | No minimum | 14 days |
Every figure is from each provider's own page, checked on the date shown on that offer. MoneyHQ orders this table by switching bonus alone; commission never changes the order.