No monthly fee bank account
You must be 18+ and a UK resident to apply for our Select account.
App available to Online Banking customers with compatible iOS and Android devices and a UK or international mobile number in specific countries.
On this page
£200 switch offer Open in new window
About this account Open in new window
How to open an everyday current account Open in new window
Overdrafts Open in new window
Frequently asked questions Open in new window
Ready to apply Open in new window
Get our £200 offer when you switch to NatWest
Apply online or via our mobile app to switch a current account held elsewhere using the Current Account Switch Service into a NatWest bank account from 15 February 2024.
Deposit £1,250 into your account and log in to our mobile banking app within 60 days. App eligibility criteria apply.
When you meet these conditions, we'll pay £200 into your eligible account within7 days.
Your switch must fully complete to receive the incentive, this means your old bank account will close and any funds and Direct Debits will move over to us. The deposit of £1,250 can be made up of multiple credits and must remain in the account for 24 hours.If you've previously received a switcher incentive from NatWest Group since 01 January 2020, you will not be eligible for this offer.Offer can be withdrawn or amended at any time.
A Guide to Switching Current Accounts (PDF, 3MB)
How does the Current Account Switch Service work?
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Keep it simple with our basic bank account
Our award winning basic current account helps you manage your money easily, all in one place, with no monthly fee.
Learn more about the key features of the Select account, plus the handy little extras that come with it. Explore your overdraft options and how to apply for a new bank account with NatWest.
Why choose our everyday current account?
- Fee-free current account.No monthly account fee plus free local cash withdrawals.
- Fraud refund promise.We refund any money paid out of your account by a fraudster if you bank online or via the app (if you've kept your security information safe).
- Get a short-term overdraftif you meet the eligibility criteria.
Award-winning
This account packs a punch, that's why it's award winning.
YourMoney.com voted NatWest as 'Best everyday current account provider', plus this current account was given 5 stars by the Defaqto experts in 2022.
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Step 1
We'll send a request to your old bank to confirm the switch and we'll keep you updated every step of the way.
Step 2
Your old account will be closed on your behalf. Your balance and payments (like Direct Debits) will be moved to your NatWest account.
Step 3
The switch is complete. Once you've met our switch offer eligibility criteria, you'll get £200 within 7 days.
Everyday banking with NatWest
Managing your money is a breeze with NatWest's highly-rated app.
We're here for you, whether you need support at 3pm or 3am.
Sometimes nothing beats that human touch. Chat to us face-to-face over video (criteria applies) or in branch.
On-the-go money management
Seamlessly manage your money with our app.
- Easily check your balance as soon as you log in.
- Transfer money quickly between your NatWest accounts
- Cardless cash withdrawals from our ATMs. Criteria applies.
- Create, change, or cancel Direct Debits and standing orders.
And many more powerful tools to make your everyday easy (criteria may apply).
App Store and Google Play Store™ ratings correct as of 26th of May 2022.
Instant notifications
Get notified when you spend or receive money.
Set up savings goals
Get help saving towards your next goal.
Round Ups
Save your spare change effortlessly with a linked instant access savings account.
Track your spending
See how you spend your money and set up a budget.
How to open a bank account online
It's simple to apply for a bank account online with NatWest - and you could get an instant decision. Here's how to get started:
- Check your eligibility
Our Select account is for UK residents aged 18+. - Dig out what you'll need to apply
We might need to verify your identity when you apply online. We’ll do this by matching your Photo ID to a selfie of you. You’ll need a device with a camera to upload these. We might also ask for other information like proof of address. If you don’t have your ID to hand, you can finish this step later. We'll do this by matching yourphoto IDto a short selfie. We might also ask for other information like proof of address. If you don’t have your ID to hand, you can finish this step later. - Open your bank account online
Once you've got everything you'll need to hand, you can apply online today.
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About overdrafts
An overdraft is a way of borrowing money from us via your current account and is repayable on demand. If you don't repay what is owed, you could harm your credit score and borrowing capability.
There are two different types of overdraft:
- Anarrangedoverdraft, which allows you to go overdrawn up to an agreed limit. This is the type of overdraft you could apply for here. During your application for an arranged overdraft, we'll run a full credit check to determine how much we can offer you.
- Anunarrangedoverdraft. This is when you spend more money than you have in your current accountwithoutalready having an arranged overdraft, or when you exceed your current arranged overdraft limit.
We charge interest on both types of overdraft. Going in to an unarranged overdraft limit can lead to payments being rejected.
More about overdrafts.
How much does my overdraft cost in pounds and pence?
This account offers an overdraft facility (subject to eligibility). You can check if you're likely to be accepted for an overdraft using oureligibility tool.
As an example, the interest cost of using a £500 arranged overdraft is:
| Time Period | 7 days | 30 days | 60 days |
| Interest Cost | £3.24 | £13.87 | £28.13 |
This is a specific illustrative example representing the interest cost of using a £500 arranged overdraft over periods of 7, 30 and 60 days.
Looking to understand the costs of an overdraft of more or less than £500 over different periods of time? Use our handycost calculator.
If you don't pay it back, it could have an impact on your credit score.
How does our overdraft compare?
A good way to compare the costs of borrowing products is by using the APR, which shows the cost of borrowing over a year.
Representative Example: Effective Annual Rate: 39.49% EAR (variable).Representative APR: 39.49% APR (variable). Assumed credit limit: £1,200.
Basic bank account - FAQs
Identification
Here are the most common proof of ID and address documents we accept.
Proof of ID documents:
- Driver's Licence (UK/EU/EEA)
- UK passport, Foreign passport & Visa
- EU and EEA National Identity Card
Proof of address documents:
- Driver's Licence
- UK utility bill (gas, electricity, water, home telephone)
- Bank/Building Society statement
- Council tax bill
More details on Proof of ID and address
Details we will ask for
If you'renew to NatWest, we'll ask for information about you like: full name, home address and contact details. We'll also ask about your nationality and tax residency status (which country you pay tax in).
If youalready bank with NatWest, you can use your Online Banking details to log in to the application form and we'll pre-fill some of your details in the form to make it speedier.
If you're eligible for an overdraft, we'll ask about your finances and your monthly take home pay.
Have these details ready to speed up the application process.
If you're a new customer, we have to confirm your identity to make sure we’re opening the account for the right person. We do this through our trusted online identification and security partner Mitek.
Mitek can quickly and safely verify people from all over the world using digital footprints, ID document authentication and facial biometrics. It’s not only safer, it also speeds up the application process meaning your account is opened faster.
This way, we can check you are you, while keeping your details completely safe and secure.
It’s easy to withdraw money from your current account. Just use your debit card at a cash machine. You’ll need to know your PIN to access your money. It’s also possible to withdraw funds in person from any NatWest branch.
Yes, your account will come with a debit card that will allow you to withdraw cash from ATMs. You can also make payments online and in-store, including contactless payments. This card should arrive within 3-5 working days of your bank account opening.
You should receive your debit card 3 - 5 working days after your account is open.
Download the NatWest app to manage your money, make payments and regularly check your balance.
Banking My Way is a free service that allows you to record information about the support or adjustments you need to make banking easier. You can also let us know any additional support you may need to ensure all of our colleagues are aware of this. The information will be shared on our internal systems and therefore you will not need to repeat these requirements every time you interact with us.
Once your account is open, you can record this through Online Banking or with our colleagues in branches or over the phone.
Learn more about Banking My Way
Once you've applied for a bank account with us, you'll get an instant decision. However, if we need more details from you, then it can take 3 to 5 days for your account to be up and running.
There is no maximum limit on the amount you can deposit in aneveryday current account. The Financial Services Compensation Scheme can protect sums of up to £85,000. This scheme compensates customers if a bank or building society goes out of business.
Get ready to apply
Before you apply for a bank account with us, we need to check you're happy with a few things. And ask you a few questions up front. Then we can make your application as quick and simple as it can be.
First things first. You can apply if you:
Are aged 18 or over and a UK resident
Now please take a look at the important legal info
If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Online Banking - not posted.Please take some time to review, print and/or save the important information.
All kinds of general info about our current accounts. Including details about the Select Account.
Download PDF (169 KB)
Very important information about how your money is protected. Just in case.
Download PDF (105 KB)
How much our charges will be. From taking cash out abroad to an unarranged overdraft.
Download PDF (133 KB)
Important basic info about the bank. For example, who regulates us and how to complain (hopefully you won't need that bit).
Download PDF (45 KB)
How we promise to treat you, if we lend you money. And what we expect from you in return.
Download PDF (44 KB)
Take a look at the switch terms and conditions to see how to get our £200 switch offer.
Download PDF (64 KB)
How your information might be used
It's important for you to understand how we use and share your information. Please read thisshort summarybefore you continue with your application.
As part of the checks that we will complete to verify your identity, we’ll take an image of your face so that it can be compared with your photo ID and thisbiometric datais captured.
More help and support
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