NatWest urges customers to claim free £180 cash available for 'limited time'

NatWest is giving away free Christmas bonuses in time for the festive season. The high street bank giant says customers can receive up to £359 in benefits including £180 cash for switching to its Reward Accounts before Christmas.

Switching customers will receive £180 cash within seven days. Customers can also receive a further £60 back in Rewards each year by signing up to the NatWest Reward account. Every month, customers will receive £4 in Rewards if they have two Direct Debits of £2 or more.

An additional £1 is received for logging into the mobile app. The Reward account has a monthly fee of £2. Customers can also benefit from partner offers including money off at a range of retailers. NatWest also offers a Digital Regular Saver which pays 6% interest.

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In its announcement, NatWest cited that this deal is only available for a "limited time" and could be ended at any given time. Customers can save up to £150 a month in the account and gain up to £59.93 interest in the first year.

The Digital Regular Saver does not expire, and so customers can receive even more interest in subsequent years. Lewis Broadie, Customer Manager at NatWest said: “As well as the upfront cash offer, we offer a wide range of features and benefits, from helping kids with their money through our Rooster offering to our save the change feature, Round Ups.”

NatWest customers benefit from Round Ups, which saves the change to the nearest pound every time a transaction is made. This can be saved directly into a Digital Regular Saver account. NatWest customers can also benefit from the Travel Reward Credit Card which gives 1% back in Rewards on travel spend. Rewards can also now be exchanged for Amazon vouchers as well as cash.

All NatWest customers receive a free children’s Rooster Card subscription, which is a prepaid debit card and pocket money app, is also available for up to three children per family, normally costing £1.99 per month or £19.99 per year. Using the annual cost, this is a saving of £59.97 for three children.