NatWest
£200 Free Cash
Current account£200profit
27mins to complete
Offer overviewChris · Your personal guide
NatWest is a UK high street bank offering current accounts, savings, mortgages and business banking.
You get:
£200 free cash. This is credited within 30 days of your switch and meeting the criteria.
To qualify:
Switch in any current account, with no direct debits needed. Once switched, within 60 days:
Pay in £1,250 and leave it there for 24 hours. You can do 5 x £250 back and forth, each transfer just needs to stay in for 24 hours.
Log in to the mobile app
Key terms
+£200
Credit checkHard check
Pay-in£1,250
Multiple transfers allowed
Free cash arrives30 days
Once criteria met
Eligibility
- Does not qualify:NatWest current or savings account as of 6 May 2026
- Does not qualify:Switch from RBS or Ulster Bank NI
- Does not qualify:Previous NatWest Group switch bonus
Last checked: 19 Sept 2026Full terms(opens in a new tab)
Step by Step Guide
Start here
Apply for a NatWest current account
15 mins
- 1Click the button below to apply for a NatWest Select or Reward account
- 2During application, request to switch your existing bank
Up next · 3 steps
Download the NatWest app and log in
Switch takes 9 days5 mins
- 1Download the NatWest mobile app
- 2Log in to your new account
Pay in £1,250
Switch takes 9 days5 mins
- Transfer £1,250 into your new account
The money must stay in the account for at least 24 hours. Funds moved across by the switch count towards the £1,250.
Don't have it all up front? Pay in £250 from another bank, leave it 24 hours, then move it back out and repeat. 5 rounds of the same £250 counts as the full £1,250.
Receive £200 free cash
Within 1 month2 mins
- Your £200 will be paid within 30 days of meeting all conditions
Consider opening the Digital Regular Saver for 5.25% AER (up to £5,000, £150 a month)
4 steps to £200
Quick review
NatWest
Wondering whether NatWest is worth it beyond the bonus? Here is our honest take.
Switching banks for the cash? NatWest has two switch deals running on Quidsy right now, with the bigger one paying £250 free cash. Both have low-friction criteria. Just pay in £1,250 and log into the app, no direct debits or card targets. Check eligibility, you can't have had a NatWest current account recently.
CategoryBank Switching
Last updated
Chris' verdictYour personal guide, QuidsyNatWest is a solid, no-surprises bank switch. The standard £200 offer has fewer hoops than most, no direct debits, no card-transaction targets, just pay in £1,250 and log into the app. That makes it one of the more straightforward switches to complete.
If you bank with a Premier-eligible income, the £250 Premier switch is the higher path, though it asks for a £5,000 pay-in. The 7% Digital Regular Saver is a genuine bonus on top if you want to park some savings.
On the downside, there's a hard credit check, and the current accounts don't pay any interest on your balance. The 2021 AML fine is also worth knowing about, even though it doesn't change how your deposits are protected today. But as a switch-and-earn offer, NatWest is clean and simple. If you already have a NatWest account, check if RBS works instead, separate brand, identical switch offer mechanics.
National Westminster Bank Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. FRN 121878. Eligible deposits are protected by the FSCS up to £120,000 per person.