Best Rewards Programme
High street bank offering rewards on Direct Debits and purchases. Extensive branch network and strong app. Part of NatWest Group.
NatWest Reward pays cashback on selected direct debits and partner spending in exchange for a monthly account fee.
Whether it is worth holding is pure arithmetic: the rewards must exceed the fee, and that depends entirely on your specific direct debits.
Who it suits. Customers with several qualifying household direct debits, for whom the monthly rewards comfortably clear the fee.
Worth knowing. Work out the break-even before opening it. If your qualifying spending is light, a fee-free account paired with a separate cashback card is usually better. Switching incentives are common at NatWest and worth watching, though they are one-off rather than ongoing value.