NatWest | Reward Platinum Account

155 reviews

Monthly fee: £19.00

AER: 0%

Representative example: Representative Example*: If you have a Reward Platinum Account with an arranged overdraft limit of £1,200 and you use all of this, you will be charged arranged overdraft interest at 19.89% EAR (variable), a monthly Arranged Overdraft Usage Fee of £6 and a monthly account fee of £19.

NatWest | Reward Platinum Account customer reviews.

155 reviews

2.1 out of 5 stars

23:16 02-09-2018
ImageSmart Money People

So helpful, fab customer service! Every time I need to speak with NatWest they have all the time in the world for me!


Travel insurance payout
09:28 18-07-2018
ImageSmart Money People

I had to spend 500 Euro in a local clinic in Fuerteventura when I had a sickness bug for rehydration and antisickness medication. I called NatWest and as soon as I got home submitted receipts. I was reimbursed within 10 days.

Keshia Esgate

Great Package, Great Extras
13:25 04-04-2018
ImageSmart Money People

I currently have the Natwest Platinum Reward account. Now many people don't like these accounts as they have a paid for feature, in this case that is £19 per month, total yearly cost is £228. I love this account, partnered with my Reward Credit Card, as just in cashback rewards I made £250 last year, so the account paid for itself. Then as a Londoner the additional bonus extras of a yearly Tastecard and National Trust vouchers meant I've saved over £100 on restaurants/meal out with friends, and then £60 on National Trust visits. Meaning I've gained £410 with this account and card last year. Then bring into it the worldwide travel insurance, national car breakdown and mobile phone insurance. This package is great and I've never had a bad customer service with Natwest either!


Great packaged account
23:10 10-02-2018
ImageSmart Money People

The benefits that come with this account fit my needs. Last year when I lost my phone the insurance replaced it within 48 hours. I also get peace of mind from travel insurance when I go abroad. I also earn rewards on direct debits and contactless payments. Great packaged account for a reasonable fee!

Apoorva VM

Branch closing
22:17 07-02-2018
ImageSmart Money People

All our local branches are closing which will have an impact on the local community. My local Bawtry branch are always very helpful and friendly.

Yvonne Stubbs

Excellent Account
23:14 04-02-2018
ImageSmart Money People

Great account with lots of benefits.


Trusted Bank
02:14 01-02-2018
ImageSmart Money People

Excellent service and very trust worthy bank


Very pleased
15:50 20-01-2018
ImageSmart Money People

Very pleased with the rewards and the product. Works exactly how it's meant to and the staff involved are always very knowledgeable and helpful. Have used the rewards several times

Rachel Faye Bell

Reward yourself!
07:17 13-01-2018
ImageSmart Money People

The reward account does exactly what it says.We all hate paying our utility bills but this account rewards you for doing just that.

valerie stannard

Great value and great service
16:23 05-01-2018
ImageSmart Money People

The best app on the market. Makes my life so easy to manage my money.

Mark Sheppard

Our review of NatWest | Reward Platinum Account

Although the NatWest Reward Platinum Account is one of the most expensive that they offer, it does come with an increased number of rewards and benefits. As well as the standard online or mobile banking, customers can also benefit from earning 3% on their household bills paid by Direct Debit, which can really add up if you use your Reward Platinum Account for all of your eligible regular payments.

Customers will also be covered for mobile phone insurance in case you lose your phone, it gets stolen, stops working or falls victim to accidental damage. If you travel a fair amount then the NatWest Reward Platinum Account can give you assurance worldwide by covering you, your partner and your children for trips up to 31 days, this  includes winter sports cover. As well as discounts on holiday related expenses like transfers and airport parking, customers also get preferential rates on foreign currency from NatWest’s Travel Money service which can be ordered online or over the phone and then delivered to your home.

NatWest have unfortunately received a disappointing reception from online reviewers and they’ve been given a rating of ‘bad’ on TrustPilot, although this covers their complete financial offering, rather than just their Reward Platinum Account. There seems to be regular complaints about not being able to reach anyone on the phone despite boasting 24 hour call centre as well as their expensive charges and lack of communication during applications or fraud investigations.

Overall verdict: Even though the NatWest Reward Platinum Account has a hefty monthly payment of £19, you can receive your money’s worth by earning the 2% cashback on your household bills, and if you tend to travel a lot then the insurance and preferential rates on currencies will come in handy.

Written by: Alex


  • Mobile phone insurance
  • Worldwide travel insurance
  • UK breakdown cover
  • 2% Rewards on selected household bills paid by Direct Debit
  • Manage the account with online and mobile banking
  • Receive benefits like National Trust family day passes
  • Tastecard

Minimum criteria

  • You must be aged over 18
  • You need to be a UK resident


  • Maximum APR %
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

About NatWest | Reward Platinum Account

The NatWest Reward Platinum Account has a monthly fee of £19 and with added benefits. Customers will receive mobile and worldwide travel insurance, UK car breakdown cover and earn 2% rewards on household bills that are paid by Direct Debit which can be applied to council tax, mobile or landline phone, TV, water, gas, electricity and broadband. Included within the travel benefits is 10% discount on airport parking, UK airport lounge access, car hire, transfers, attractions and airport hotels as well as 10% on baggage allowance upgrades and in-flight meals on Thomas Cook Airlines.

NatWest Reward Platinum Account holders can also receive a number of lifestyle benefits including two National Trust family day passes per year and a tastecard which gives the user 2 for 1 or 50% off the bill at thousands of restaurants across the UK.

When applying for the NatWest Reward Platinum Account, customers can be given an interest free overdraft of £250, however if they go over this into the rest of your arranged overdraft then you will be charged £6 and interest on top. If you go over the agreed limit then you will be charged £6 per day up to a maximum of 15 days in every charging period. It can take up to seven days to switch to a NatWest Reward Platinum Account and after that time customers can manage their account using their mobile or tablet app, online banking, telephone team, branches or even pop-up branches at rural locations. The mobile app also lets customers withdraw a maximum of £130 per day from RBS, NatWest or Tesco cash machines without having to use the card.

Company information

Registration number: 929027


Customer Relations, Freepost Nat12685, Borehamwood, Hertfordshire, WD6 1BR

FCA registration

Reference No: 121878

Trading names: National Westminster Bank Plc, Natwest Markets, Williams & Glyn

Place of business: 135 Bishopsgate, London EC2M 3UR

Data protection registration

Registration No: Z4936258

Data controller: National Westminster Bank PLC

Address: 135 Bishopsgate, London EC2M 3UR

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