NatWest | Low Rate credit card

695 reviews

Representative 12.9% APR

Purchase rate: 12.9%

Representative example:

The standard interest rate on purchases is 9.9% p.a. (variable), so when borrowing £1,200 with an annual account fee of £24, the Representative APR will be 9.9% (variable).

NatWest | Low Rate credit card customer reviews.

695 reviews

1.5 out of 5 stars

Our review of NatWest | Low Rate credit card

It’s a shame that the NatWest Low Rate credit card comes with an annual fee as the representative APR is reasonable and affordable. There is no fee for making a balance transfer which is a nice benefit, and you’ll only pay 6.9% interest on this and any purchases. The fee for non-sterling transaction fees is also slightly lower than competitors at 2.75% for foreign transactions.

In 2015, Fairbanking undertook an independent assessment of different financial products and awarded the NatWest Low Rate credit card a three star award for its helpful features. You’ll also get the standard 56 days’ interest free on purchases as long as the current and final monthly payments are both made on time.

There are no online reviews specific to the Low rate credit card, TrustPilot have given NatWest a rating of ‘bad’ overall. This doesn’t just apply to their cards, but also the other products that they provide. Some customers have been left dissatisfied with less than perfect customer service, lack of professionalism and difficulties with switching products.

Overall verdict: The NatWest Low Rate credit card does have its benefits, such as no fee for balance transfers as well as competitive representative APR. Worth exploring further if you’re eligible.

Andrew Freelander
Written by
Andrew Freelander
Brand & Content Manager at Choose Wisely

Andrew joined Choose Wisely 5 years ago, originally working in a design capacity to make sure the website was simple to use. Most notably he worked with the Consumer Finance Association to design the comparison table of choice for High-Cost Short Term Finance products.


  • Competitive representative APR
  • No fee for balance transfers
  • You can balance transfer up to 95% of your credit limit
  • Manage the card using online banking

Minimum criteria

  • You must be aged 18 or over
  • You need to be a UK resident
  • You must earn at least £10,000 per year


  • Introductory Balance Transfer Rate: 0%
  • Introductory Purchase Rate: 0%
  • Balance Transfer Rate: 6.9%
  • Balance Transfer Fee: £0
  • Purchase Rate: 12.9%
  • Fee Amount: £0
  • Representative APR: 12.9%

About NatWest | Low Rate credit card

The NatWest Low Rate Platinum credit card has a representative APR of 9.9% and a standard interest rate on purchases of 9.9%. The minimum credit limit is £300 and the maximum limit is decided by NatWest and will take into account personal circumstance and previous credit history. There is an annual fee of £24 for this card but there are no fees for balance transfers.

You can do a balance transfer to your NatWest Low rate credit card of up to 95% of your available credit limit, however the minimum must be over £100. It can take up to three weeks for the balance on your other accounts to be paid off, so you will need to make sure that payments are kept up to date to avoid fees or charges. As with purchases, there’s a standard balance transfer interest rate of 6.9% applied but no fee.

On the NatWest website, customers can check to see if they would be likely to be approved for the card by using the eligibility checker. This takes a few minutes to complete. This form does use a hard credit search which will leave a footprint on your credit history so other providers will be able to see that you’ve been searching for credit.

Company information

Registration number: 929027


250 Bishopsgate, London, England, EC2M 4AA

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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