NatWest

NatWest current accounts review

With NatWest, you can choose from a wide range of current accounts and get rewarded for paying your bills.

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Whether you’re looking for a simple current account, a business account or one that rewards you with cashback, NatWest has plenty of options. It even runs generous switching bonus offers from time to time to attract new customers. NatWest carries all the advantages of a big, established bank, such as security, customer service and a network of branches if you prefer to deal with your bank in person.

Compare NatWest’s current accounts

1 - 9 of 9
Name Product Ratings Account fees Funding requirement Interest (AER) Arranged overdraft Incentive Representative example Link
OFFER
Select Account
Finder score
★★★★★
★★★★★
£0
No minimum funding requirement
0% AER
39.49% EAR variable (subject to status)
tag iconSwitch your current account to NatWest and you could earn £200 within 7 days of meeting eligibility criteria. T&Cs apply.
Current account switch service guarantee badge
Switch your current account held elsewhere to NatWest using the Current Account Switch Service to get the £200 offer. You must be 18+ and a UK Resident. Pay in £1250 & log in to the app within 60 days of switching. Offer may be withdrawn or amended at any time. Offer T&Cs and restrictions apply.
Representative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: £1,200 Subject to status. How does this overdraft compare? Representative APRs help you compare the cost of different credit products.
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OFFER
Reward
Not yet rated
£2 per month
Min. £1250 Per Month
0% AER
39.49% EAR variable (subject to status)
tag icon£200 offer when you switch + earn up to £5/month back in Rewards. £2/month fee, T&Cs apply.
Current account switch service guarantee badge
Switch your current account held elsewhere to NatWest using the Current Account Switch Service to get the £200 offer. You must be 18+ and a UK Resident. Pay in £1250 & log in to the app within 60 days of switching. Offer may be withdrawn or amended at any time. Offer T&Cs and restrictions apply.
Earn up to £5/month back: £4 for +2 Direct Debits (each must be +£2) and £1 for each mobile app log in.
Representative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: £1,200 Subject to status. How does this overdraft compare? Representative APRs help you compare the cost of different credit products.
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OFFER
Premier Select
Not yet rated
£0
No minimum funding requirement
0% AER
Arranged overdraft available. Subject to eligibility.
tag iconSwitch your current account to NatWest and you could earn £200 within 7 days of meeting eligibility criteria. T&Cs Apply.
Current account switch service guarantee badge
Premier Eligibility: 18+, UK resident and meet one of the following criteria £100k income p.a., £100k saved or invested or £500k mortgage borrowings.
£200 switching offer: Switch your current account held elsewhere to us using the Current Account Switch Service to get our £200 offer. £200 could be paid within 7 days of meeting eligibility criteria. Offer terms, conditions and restrictions apply, Offer may be withdrawn or amended at any time. No monthly account fees. Other fees may apply.
Representative Example: Assumed arranged overdraft of £1,200. Effective annual interest rate 0% on arranged overdrafts up to £500, 19.49% EAR (variable) above £500. Representative 11.4% APR (variable). How does our overdraft compare? Representative APRs help you compare the cost of different credit products.
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Graduate
Not yet rated
£0
No minimum funding requirement
0% AER
39.49% EAR variable
tag iconFree 24/7 Emergency Cash Service to withdraw up to £300 for online and telephone banking customers or £60 if not.
Current account switch service guarantee badgeRepresentative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.49% EAR variable.
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Foundation
Not yet rated
£0
No minimum funding requirement
0% AER

tag icon£200 for accounts switched using the Current Account Switch Service.
Current account switch service guarantee badge
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Student Account
Not yet rated
£0
No minimum funding requirement
0% AER
N/A
Current account switch service guarantee badge
View details
OFFER
Premier Reward
Not yet rated
£2 per month
Min. £1250 Per Month
0% AER
Arranged overdraft available. Subject to eligibility.
tag iconSwitch your current account to NatWest and you could earn £200 within 7 days of meeting eligibility criteria. T&Cs Apply.
Current account switch service guarantee badge
Premier Eligibility: 18+, UK resident and meet one of the following criteria £100k income p.a., £100k saved or invested or £500k mortgage borrowings. £2/Month Fee.
£200 switching offer: Switch your current account held elsewhere to us using the Current Account Switch Service to get our £200 offer. £200 could be paid within 7 days of meeting eligibility criteria. Pay at least £1250 into your NatWest account every month. Offer terms, conditions and restrictions apply, Offer may be withdrawn or amended at any time. Other fees may apply.
Overdraft Representative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: £1,200 (subject to eligibility).
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Premier Reward Black
Not yet rated
£31 per month
Min. £1250 Per Month
0% AER
N/A
tag icon£200 for accounts switched using the Current Account Switch Service.
Current account switch service guarantee badge Account fee of £31 per month.
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Adapt Current Account
Not yet rated
£0
No minimum funding requirement
2.7% AER

tag iconFree 24/7 Emergency Cash Service to withdraw up to £300 for online and telephone banking customers or £60 if not.
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Types of current accounts from NatWest

NatWest current accounts come with many different options and features, so you have good chances of finding something that suits your needs.

  • Standard accounts

    NatWest’s Select account is a simple option that makes it easy to manage your finances and doesn’t have a monthly fee.

    Learn more about standard current accounts

  • Reward and incentive accounts

    NatWest gives you cashback on your bills and travel insurance, but it does have a monthly fee, so make sure you compare your options and get the best deal.

    Learn more about reward and incentive accounts

  • Premium accounts

    NatWest Premier accounts offer a series of benefits, such as worldwide travel insurance. However, Premium accounts are only available if you have a certain annual income or amount of savings, so you’ll have to check if you meet the criteria first.

    Learn more about premium current accounts

  • Student accounts

    NatWest’s student account offers a decent overdraft option and often has seasonal incentives. However, if these perks don’t appeal to you, you can check and compare our selection of other student accounts.

    Learn more about student accounts

  • Children’s accounts

    With NatWest’s children account, children between 11 and 17 can manage their pocket money easily and safely. However, if your children are younger and you want them to get an early start at budgeting, you can compare the alternatives on our dedicated page – some accounts can be opened when they are as young as seven.

    Learn more about children’s accounts

  • Business accounts

    There are 4 business accounts to choose from with NatWest. The bank offers a straightforward business account for those that either have been trading for over a year with a turnover below £1 million or have a turnover above £1 million and have been trading for less than a year. NatWest also offers a free mobile account for sole traders or limited companies with up to two owners and a balance of up to £100,000, a start-up account for those trading for less than a year with a turnover of less than £1 million, and a community account for not-for-profit organisations.

    Learn more about business accounts

Case study: Jamal stays with NatWest as he feels his money is safe

Jamal Brown profile pic
Jamal Brown

Kent

I have a NatWest current account and I’ve been with NatWest since my mum opened an account for me when I was at school. I stayed with it as a student at uni, and then when I graduated I carried on. It’s been really easy to deal with the bank.

I feel really safe with this bank because once, I was a victim of fraud. They took around £2,000 really quickly. NatWest alerted me and stopped it really fast. And I got the money back.

If there's one thing you'd tell a friend who's thinking of getting this, what would it be?
I don’t get perks like cashback with this account, but I think they really protect my money so I’m happy to stay.

NatWest customer reviews

In our independent 2024 customer satisfaction survey, 91% of NatWest’s users said they’d recommend the brand to a friend. Customers highlighted the bank’s competitive rates and loyalty rewards. However, some cited disappointing customer services. Here’s what some of those NatWest customers had to say:

“It does what it is supposed to do, with a handy app to speed up transactions and to view account details”

“NatWest answer all my questions and offer lots of extra perks such as round ups and budgeting tools

“Easy to use, good app access and reasonable fees”

On the Apple App Store, NatWest is rated 4.8 out of 5 stars from almost 457,000 reviews. On the Google Play Store, NatWest is rated 4.7 out of 5 stars from 349,000 reviews (February 2024).

Expert test: I tried out NatWest’s mobile banking app

katesteere profile pic
Kate Steere

Editor

I like that NatWest has all my accounts visible in one place. I can see my current account, mortgage, savings account and my son’s Rooster Money account as soon as I log into my app. Another thing that NatWest does is allow you to add an account from another bank to your app, so you can have visibility of all your accounts in one place.

Sending money is easy. I feel secure when I do it, as NatWest has biometric confirmation in place before the payment is sent. Features like that and round-ups into your linked savings account make banking with NatWest easy.

Pros and cons of banking with NatWest

  • Perks. Different NatWest current accounts come with different perks, but in general, you have a good range of options to choose from, including cashback on bills, travel insurance, mobile phone insurance and car insurance (breakdown cover).
  • Multiple ways to bank. With NatWest you can manage your account online 24/7, but you can also register to telephone banking or discuss your option in person at your local branch.
  • Mobile banking app. NatWest’s mobile app has a clean design and allows you to manage all your NatWest accounts in the same place – including the business ones.
  • Global acceptance. NatWest’s cards are all either Mastercard or Visa, so you won’t really have to worry about where you can use them and where you can’t.
  • Round the clock assistance. Got robbed of your card during your dream holiday in the Caribbean? No worries, if you need support, you can call NatWest’s customer service 24/7 and they’ll help you out.
  • Earn cashback through MyRewards. If you opt for a Reward current account, you’ll be able to earn cashback with selected NatWest partner brands or even just when you pay direct debits from your account and use the app regularly.
  • Switching bonus. You might be able to earn a cash incentive if you move your main bank account to NatWest from another banking group.
  • No interest paid on account balances. While NatWest can offers some decent perks, unfortunately it doesn’t usually pay interest on account balances.
  • Monthly fees. Its reward and premium accounts come with monthly fees.
  • Eligibility. You have to meet certain criteria to take advantage of the perks on NatWest’s reward and premium accounts, so make sure you read the small print.

Customer service information for NatWest

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Opening an account with NatWest

To open an account with NatWest, you’ll have to provide the following information:

  • Your personal details and address history
  • How much you expect to pay in each month
  • Your salary details and any assets you have
  • Your nationality/citizenship
  • Proof of identity (passport, driving license, EEA or Swiss national identity card)
  • Proof of address (utility bill, bank statement)

You can open a NatWest account online or by visiting a branch.

Our verdict: Is a current account from NatWest worth it?

NatWest has a broad range of bank accounts, from simple current accounts to those that come with perks such as cashback or travel insurance. The reward accounts tend to come with fees, so you might want to work out if you will earn enough cashback to make it worth it. To benefit from the cashback, you need to pay a certain amount into the account each month or have a certain level of income, so make sure you understand the rules. Unlike some top current accounts, NatWest doesn’t pay interest on balances. If NatWest’s current accounts are not for you, you can also compare other current accounts here.

Frequently asked questions

Banking scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Finder scores, in blue, are based on our expert analysis. We also show reviews from users, where we've received more than 10, with a score in yellow. We gather more reviews from customers every year in Finder's customer satisfaction survey.

To find out more, read our full methodology.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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