NatWest · Current account

Premier Reward

Premier service plus up to £10/month in Rewards for Direct Debits and app logins.

Apply via official site

Perks & estimated value

Cashback, rewards & interest
Up to £10/month Rewards
£9 for two DDs + £1 app login
£120/yr
Fee-free spending abroad
No non-sterling purchase fees
ATM excluded
£90/yr

Key terms

£2 monthly fee. £9 Rewards for two Direct Debits of £4.50+, £1 for app login. Net headline value £96/year.

Fee breakdown

Annual fee: £24
Monthly equivalent: £2.00
Representative APR: n/a
FX fee: 0% on card purchases (ATM excluded)
Total perk value: £210
Net annual value (all perks): £186

Offer & eligibility

Welcome bonus: £500 for a qualifying Premier Select/Reward switch.

Current offer: Open Select or Reward from 2 September 2026 and fully switch through CASS online/app from outside NatWest Group, closing old account. No NatWest current account held on 2 September 2026; no previous NatWest/RBS/Ulster switch cash. Within 90 days of switch completion, pay in £15,000 total (each payment stays 24 hours; transferred balance counts) and log into mobile app. Checked at day 90, paid within next 30 days; keep eligible account open. Premier criteria apply; confirm joint-income-only qualification with bank because offer PDF specifies sole-income route. No fixed end date; may be withdrawn. Terms: https://www.natwest.co.uk/content/dam/natwest/premier/documents/premier-switch-offer-terms/NW-Premier-Switch-Offer-Terms-September-2026.pdf . Checked 18 October 2026.

Eligibility: Premier criteria plus £1,250/month paid in