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It pays to bank with Premier Reward

You could get our Switch & Save offer with our Premier Reward account. T&Cs apply.

Current Account Switch Guarantee logo

Premier eligibility criteria apply. To apply, you need to be 18+ and a UK resident. You need to also pay in £1,250 to an eligible NatWest account every month. You can only hold a maximum of 1 Reward account in your name, and 1 in joint names. £2 monthly fee.

Switch & Save: Unlock our Limited Edition Saver account when you switch to NatWest Premier

Apply online or via our mobile app to switch your current account held elsewhere into an eligible Premier Select or Premier Reward account by 6 January 2026.
 

Use the Current Account Switch Service and you could unlock our 12 month Limited Edition Saver account which offers fixed bonus interest rates on balances over £50,000.

Offer available to new and existing customers who do not hold a NatWest current account or savings account as of 18 November 2025.

Limited Edition Saver interest rates

AER / Gross p.a. (variable)
Interest paid monthly
 

4.00% / 3.93% 
Balances between £100k - £3m

(includes 2.25% / 2.23% AER / Gross p.a. (fixed) 12 month bonus).
 

3.25% / 3.20%
Balances between £50k - £99,999

(includes 1.50% / 1.49% AER / Gross p.a. (fixed) 12 month bonus).
 

1.06% / 1.05%
Balances up to £49,999

Information Message

1. Switch to us

Open a current account with us  

Apply for an eligible Premier Select or Premier Reward account and request to switch your bank account to us using the Current Account Switch Service by 6 January.
 

Your switch to us must be completed by 21 January 2026.

 

Information Message

2. Switch complete

Wait to receive the offer email from us

Once your switch to us is complete, we'll send you an email with a link to open a Limited Edition Saver account. This will arrive between 02 December 2025 and 21 January 2026.

 You'll have until 23 January 2026 to apply for a Limited Edition Saver via our mobile app.

Information Message

3. You're all set

Fund your account
Once you've opened your Limited Edition Saver and funded your account, you'll immediately start benefiting from the interest rates.

See our Limited Edition Saver for more information. 

Information Message

Information Message

Premier and specific account eligibility criteria and conditions apply. Monthly account fees may apply. Offer T&Cs and restrictions apply. Offer can be withdrawn or amended at any time due to limited availability. If you previously held a NatWest current account or savings account, you may still qualify, provided you did not hold one as of 18 November 2025. You are not eligible for this offer if you're switching a current account from NatWest Group (Royal Bank or Ulster Bank NI). Joint accounts are not eligible for this offer.

A NatWest Premier customer walking near the sea wither her family and parents

What is a Premier Reward account?

Premier Reward is a current account that offers a range of premium features and benefits.

You can earn Rewards and get at least 1% back on spending with our retail partners, while enjoying the money support and financial planning that comes with being a Premier customer.

Read on to discover what a Premier Reward current account could do for you, and how to apply

Watch your Rewards stack up, with a premium account that rewards you

For £2 a month

Earn Rewards month after month for doing the sort of things you already do with your bank account.

The Premier Reward account gives you:

£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 or booking travel and entertainment, you could 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.

Other Premier Reward benefits:

Arranged overdraft

There’s no fees for using our arranged overdraft – we only charge interest on the amount of overdraft you use. Representative APR 39.49% (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 credit card - Representative APR 31.0%, (variable)

The Reward credit card annual fee is refunded for Premier Reward members. To apply, you must be a UK resident, aged 18+ and earn at least £10k a year.

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.

Financial planning and advice

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. 

Premier banking manager

Get ready to apply

To make sure this account is right for you, please take your time to understand how you can earn and exchange Rewards. Not sure yet? Take a look at our Premier Select everyday bank account with no monthly fee.

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.

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,
  • will pay in £1,250 each calendar month to any eligible current account you have with us.

 

You should also think about:

  • whether you want an overdraft or not.

Now please take a look at the important legal stuff

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.

All okay? Apply for a bank account online today.

To speed up your application for our Premier Reward account, we need to do a few final checks with you. They'll only take a minute.

Continue
What would you like to do today?
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Do you have a current account with us?
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Change your account to Premier Reward

You can't open a new Premier Reward account as you already have a current account with us.

You’ll need to change your existing account to a Premier Reward account instead. To do this, follow the steps below.

  1. Go back to the home screen within Online Banking. 
  2. Select 'Account Details' on the account you wish to change. 
  3. Review the section 'Want to change to a different type of current account?'.
  4. Once you know which account to change to, select this to start your application. 

If you're a non-UK resident, we can only change your account to our Premier Select account.

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Online Banking

You're all set

Your application will be completely online, and you won't need to post us any information or visit a branch.

  1. Tell us a bit about yourself and we’ll set up your account.
  2. Our partner Mitek will then check your identity by matching you to your Photo ID. Your Photo ID must be a Passport, UK or EU/EEA Driving Licence or an EU/EEA National ID card. We might also ask for a valid proof of address. If you don't have your ID to hand you can finish this step later.
  3. Once they’ve confirmed your identity we’ll activate your account. 
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Here's what to do next

We’ve made a few changes to how we open joint bank accounts.

The button below takes you to a dedicated page explaining exactly what you need to open your account.

In summary:

  1. You create a joint account by adding the second applicant to an existing account.
  2. You can either add the second applicant to an existing account, or if you’d like a completely new account, one of you can open a new account and then add the second applicant once it’s open. 
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Joint accounts opening

To get started..

  • Go back to the home screen within Online Banking. 
  • Select 'Account Details' on the account you wish to change. 
  • Review the section 'Want to change to a different type of current account?' 
  • Once you know which account to change to, select this to start your application. 
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Online Banking

To get started on your switch..

  • Go back to the home screen within Online Banking. 
  • Select 'Account Details' on the account you wish to switch to. 
  • Select the 'Switch to us' form to get started. 
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Online Banking

Our other Premier current accounts

Premier Select

Eligible for our Switch & Save offer

£0 a month

 

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.

Join Premier Select Open in new window

Premier Reward Black

£36 a month

 

All the features of our Select and Reward accounts.

Entertainment, travel, insurance and reward benefits for you and your family.

Enjoy annual savings and still earn up to £10 a month in Rewards.

Information Message

Information Message

To apply, you must be an existing NatWest current account customer. Premier eligibility criteria applies. To earn £10 in Rewards, you need to set up two or more Direct Debits per month of at least £4.50 each. Earn £1 in Rewards monthly by logging into your  app. App criteria apply.

Join Premier Reward Black Open in new window