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NatWest Reward Current Account

About NatWest Checking Accounts

The NatWest Reward Current Account from NatWest is one of the top-rated Checking Accounts options evaluated on MoneyCompared, earning an overall product score of 8.8/10. Popular UK current account paying £5/month in MyRewards (£4/mo for 2 Direct Debits + £1/mo mobile login) plus 6.17% AER Digital Regular Saver access.

Key highlights include 6.17% AER on Linked Digital Regular Saver (up to £150/mo), a fee structure of £2 Monthly Fee (Net £3/mo Profit after £5 Monthly Reward), and Earn £5/Month (£60/Year) in MyRewards + Partner Cashback. Accounts are backed by FSCS Protected up to £85,000 and supported by NatWest's 4.8 / 5.0-rated digital banking experience.

Features

Annual Fee	£2 Monthly Fee (Net £3/mo Profit after £5 Monthly Reward)
Regular APR / Rate	6.17% AER on Linked Digital Regular Saver (up to £150/mo)
Intro Offer / Welcome Bonus	Earn £5/Month (£60/Year) in MyRewards + Partner Cashback
Savings APY / AER	Redeem Rewards as Cash + Access 6.17% AER Regular Saver
Minimum Deposit	£1,250/Month Minimum Pay-in
Foreign Transaction Fee	2.75% Non-Sterling Transaction Fee
Deposit Insurance	FSCS Protected up to £85,000
Mobile App Rating	4.8 / 5.0
Overall Rating	8.8 / 10

About Product

Annual / Monthly Fee: £2 Monthly Fee (Net £3/mo Profit after £5 Monthly Reward)
APR / APY Rate: 6.17% AER on Linked Digital Regular Saver (up to £150/mo)
Intro Offer / Bonus: Earn £5/Month (£60/Year) in MyRewards + Partner Cashback
Key Benefits: Redeem Rewards as Cash + Access 6.17% AER Regular Saver
Minimum Requirement: £1,250/Month Minimum Pay-in
Foreign Transaction Fee: 2.75% Non-Sterling Transaction Fee
Protection: FSCS Protected up to £85,000

Pros

Rate / APR / APY: 6.17% AER on Linked Digital Regular Saver (up to £150/mo)
Fee Structure: £2 Monthly Fee (Net £3/mo Profit after £5 Monthly Reward)
Welcome Offer / Benefit: Earn £5/Month (£60/Year) in MyRewards + Partner Cashback
Rewards & Highlights: Redeem Rewards as Cash + Access 6.17% AER Regular Saver

Cons