11 Dec
Does NatWest do cashback?
I’m here to answer the burning question: does NatWest offer cashback services? The answer is a resounding yes! NatWest has a fantastic cashback program called MyRewards that is available to their current account and credit card customers. So if you’re looking to earn some extra cash while banking with NatWest, then you’re in luck!
Key Takeaways:
- NatWest offers a cashback program called MyRewards
- MyRewards is available to NatWest current account and credit card customers
- Customers can earn cashback by paying Direct Debits, using their debit or credit card for purchases, and logging into the mobile app
- They can choose to convert their cashback into money to bank, trade, or donate
- Partner retailers offer additional opportunities to earn cashback
How to Earn Cashback with MyRewards
If you’re a NatWest customer, you have the opportunity to earn cashback through their MyRewards program. This gives you the chance to get rewarded for your everyday banking activities and purchases. Here’s how you can make the most of the NatWest cashback options:
- Paying Direct Debits: By setting up Direct Debits for bills and regular payments, you can earn cashback on these transactions.
- Using your debit or credit card: When you use your NatWest debit or credit card for purchases, you can earn cashback on eligible spending.
- Logging into the mobile app: NatWest rewards you for staying connected by offering cashback when you log into their mobile banking app.
By taking advantage of these opportunities, you can watch your cashback balance grow and enjoy the benefits of the NatWest cashback rewards program.
Earning Cashback with MyRewards
“I love how easy it is to earn cashback with NatWest’s MyRewards program. Whether it’s paying my bills or using my card for everyday purchases, I’m constantly earning rewards that I can use however I want.”
It’s important to note that the cashback offers and rates can vary, so it’s a good idea to regularly check the MyRewards section in the app to see the latest partner retailers and earning rates. NatWest partners with a range of retailers where you can earn cashback, including popular brands like Greggs and Morrisons.
So, why not make the most of your banking experience by earning cashback with NatWest’s MyRewards program? It’s a great way to get rewarded for your everyday spending and banking activities.
NatWest offers a variety of partner retailers where customers can earn cashback through their MyRewards program. These partner retailers change regularly, providing customers with new opportunities to earn cashback on their purchases. By shopping at partner retailers, customers can not only enjoy the convenience of their preferred brands but also receive attractive cashback rewards.
Some examples of partner retailers include Greggs and Morrisons. When using their NatWest debit card at partner retailers, NatWest Reward customers earned an average of 6% cashback in 2022. This means that customers can earn money while shopping for everyday essentials, treating themselves to a meal, or purchasing items from their favorite stores.
Earning rates at partner retailers:
- Greggs: Earn 4% cashback on all purchases
- Morrisons: Earn 6% cashback on grocery purchases
- Amazon: Earn 2% cashback on eligible purchases
- Argos: Earn 3% cashback on all purchases
“I love shopping at partner retailers with MyRewards. It’s a win-win situation. I can earn cashback while shopping at my favorite stores and save money on my purchases. It’s like getting paid for shopping!” – NatWest MyRewards customer
The earning rates at partner retailers may vary, so it’s always a good idea for customers to check the MyRewards section of their NatWest mobile app for the most up-to-date offers. With a wide range of partner retailers to choose from, MyRewards provides customers with excellent opportunities to earn cashback on their everyday spending.
How to use MyRewards
Once you’ve earned cashback with NatWest’s MyRewards program, you have three options for utilizing your rewards:
- Bank it: You can choose to deposit your cashback directly into your NatWest bank account. This allows you to use the funds for everyday expenses or save them for something special.
- Trade it: If you prefer, you can convert your cashback into e-gift cards from a variety of popular retailers. This gives you the flexibility to treat yourself or purchase gifts for others.
- Donate it: NatWest also provides you with the opportunity to give back by donating your cashback to charity. You can select from a range of charitable organizations and contribute to causes that are meaningful to you.
Whichever option you choose, managing your cashback rewards is easy through the MyRewards section of the NatWest mobile app. Simply log in to your account and navigate to the MyRewards tab to view your balance and select how you’d like to use your earnings. Keep in mind that cashback rewards do expire after a certain period, so it’s important to use them before they expire to make the most of your earnings.
Maximizing your MyRewards experience
To make the most of the MyRewards program, it’s important to stay up to date with the latest offers and promotions. NatWest regularly updates the list of partner retailers where you can earn cashback, so be sure to check the app frequently for new opportunities. Additionally, consider utilizing your NatWest debit card for everyday purchases to maximize your earning potential. The more you use your card, the more cashback you’ll accumulate over time.
With the MyRewards program, NatWest provides customers with a convenient and flexible way to earn and use cashback. Whether you choose to bank it, trade it, or donate it, your rewards are always just a few taps away. Start taking advantage of the benefits offered by MyRewards today and make the most of your NatWest account.
Eligibility and Joining MyRewards
To be eligible for NatWest’s cashback program, MyRewards, you need to have a Reward, Reward Silver, Reward Platinum, Premier Reward, or Premier Reward Black account, or a Reward or Reward Black credit card. These accounts offer a range of benefits and perks, including the opportunity to earn cashback on your everyday spending.
If you’re a new customer, you can apply for a Reward account and start enjoying the benefits of MyRewards. Existing NatWest customers can also upgrade their current account to a Reward account to access the cashback program.
To join MyRewards, simply visit the NatWest website or speak to one of their helpful customer service representatives who can guide you through the application process. Once you’ve been approved for a Reward account or credit card, you’ll be able to start earning cashback and enjoying the various benefits that come with being a MyRewards member.
Overdraft Details and Other Benefits
As a NatWest customer, you not only have access to the cashback benefits of the MyRewards program, but you can also take advantage of other valuable perks. One such benefit is the arranged overdraft facility that NatWest offers. Depending on your eligibility, you can have the peace of mind of having an arranged overdraft in place to cover unexpected expenses or temporary cash flow issues.
In addition to the overdraft facility, certain Reward accounts come with extra benefits that can enhance your banking experience. For example, you may have access to mobile phone insurance, providing coverage for loss, theft, or accidental damage to your device. This can save you from the hassle and expense of having to replace your phone completely out of pocket.
You may also be eligible for other benefits such as travel insurance, offering protection for unforeseen events that may disrupt your travel plans. Car breakdown cover is another valuable perk that can give you peace of mind on the road, knowing that help is just a phone call away in case of a breakdown. These additional benefits can make your Reward account even more valuable and convenient.
It’s important to note that these accounts may have monthly fees and specific eligibility criteria apply. Make sure to review the details of each account and its associated benefits to determine which one suits your needs best. NatWest is committed to providing its customers with a comprehensive banking experience that goes beyond just the cashback rewards of the MyRewards program.
Conclusion
After exploring NatWest’s cashback program, MyRewards, it’s clear that they offer a range of services and options for customers to earn cashback. Whether you’re paying Direct Debits, using your debit card at partner retailers, or simply logging into the mobile app, NatWest provides opportunities to accumulate cashback rewards.
To be eligible for MyRewards, you’ll need to have a Reward account or a Reward credit card. These accounts come with various benefits, including the ability to earn cashback on your everyday spending. Partnering with retailers such as Greggs and Morrisons, NatWest offers enticing cashback offers that change regularly.
Once you’ve earned your cashback, you have the flexibility to use it in different ways. Whether you choose to bank it, trade it for e-gift cards, or donate it to charities, NatWest ensures that your cashback rewards can be tailored to your preferences.
In addition to the cashback program, NatWest also provides other benefits such as arranged overdrafts and additional perks with certain Reward accounts. These additional features add value to your banking experience and make NatWest a comprehensive financial partner.
FAQ
Does NatWest do cashback?
Yes, NatWest offers a cashback program called MyRewards.
How to earn cashback with MyRewards?
NatWest customers can earn cashback by paying Direct Debits, using their debit or credit card for purchases, and logging into the mobile app.
What are the partner retailers and earning rates?
NatWest has a variety of partner retailers where customers can earn cashback. The offers change regularly, and customers can view their personalized offers in the MyRewards section of the app. On average, NatWest Reward customers earned 6% back in cashback when using their NatWest debit card at partner retailers in 2022.
How to use MyRewards?
Customers can watch their cashback balance grow in the app and have the option to convert it into money to bank, trade, or donate.
Who is eligible to join MyRewards?
Customers must have a Reward, Reward Silver, Reward Platinum, Premier Reward, or Premier Reward Black account, or a Reward or Reward Black credit card. Account eligibility criteria apply. New customers can apply for a Reward account, while existing customers can upgrade their current account to a Reward account.
What are the details about overdraft and other benefits?
NatWest offers an arranged overdraft facility, subject to eligibility. Customers can also access additional benefits such as mobile phone insurance, travel insurance, car breakdown cover, and more with certain Reward accounts. These accounts may have monthly fees and specific eligibility criteria apply.
Source Links
- https://www.natwest.com/myrewards.html
- https://www.natwest.com/current-accounts/reward_account.html
- https://www.natwest.com/ukcashback1.html