NatWest: £150 for standard accounts
Whilst not as high as some of the other offers in our Best Bank Switches list, NatWest is offering a decent incentive of £150 for ditching your old bank.
The good news is that the qualifying criteria is super easy and doesn't ask too much of those looking to get in on the offer.
Are you a high earner? You might qualify for NatWest's £250 incentive instead. Check your eligibility for that offer before applying for this one.
This offers expire on 28th May 2026.
How To Qualify For The NatWest Bank Switch Bonus (£150)
- Switch via CASS and close your old account
- Pay in at least £1,250 within 60 days of switching
- Log into online or mobile banking within that same 60 day window
- Bonus paid within 30 days of meeting all conditions
- Eligible accounts: Reward, Select, Premier Reward, or Premier Select
Who Cannot Apply (Standard)
- Anyone who previously received a switching bonus from NatWest, RBS, or Ulster Bank
- Anyone who held a NatWest current account as of 17 February 2026
Do you need direct debits for the Natwest £150 switch offer?
No, you don't need any direct debits for this offer, but you must meet the other qualifying criteria such as paying in £1,250 within 60 days and logging into their mobile bankng app. This is one of the easiest offers to claim at the moment.
How long does it take for NatWest to pay the £150?
As long as you've done everything correctly, you'll receive the cash into your new account within 30 days of meeting the conditions of the offer.
I've received free cash from NatWest in the past, can I claim this?
Unfortunately not. If you've had a new customer offer from NatWest, you won't be eligible for this current offer.
