Natwest’s £100 switch offer

Competition to attract current account customers has been ramped up further, as Natwest has launched a new “limited time” £100 switching offer.

The bank is offering £100 to new and existing customers switching their main bank account on Natwest.com.

Natwest’s eligible accounts are select, reward, reward silver, reward platinum and reward black.

In addition, Natwest said its reward and reward package customers would benefit from fee-free foreign transactions on debit card purchases abroad this summer. Foreign transaction fees are being waived until 31 August.

To get the £100, switchers are required to use the current account switch service, close their existing account with their current provider and transfer their main current account to Natwest.

They will receive the bonus within 12 weeks of opening the account and fully switching.