NatWest Reward Black Credit Card Review 2026

Details checked Aug 2026Got this card? Leave a review

Cashback

Up to 1%

Rep. APR

40.7%

Variable

Annual fee

£84

Billed yearly

Spending abroad

Free

No foreign transaction fees

Lounge access

Not included

How you earn

1% at supermarkets and 0.5% at petrol stations and elsewhere.

1% supermarkets.
0.5% elsewhere.
MyRewards partner retailer offers.

Using it abroad

No non-sterling transaction fee on purchases.

Converts at the Mastercard exchange rate.

See today's live travel money rates

Who can apply

£84 annual fee refunded with a NatWest Reward Black current account.

You need to be a UK resident aged 18+ with minimum £15,000 income.

Our Expert Opinion on NatWest Reward Black Credit Card

The NatWest Reward Black Credit Card is best suited to frequent travellers who want fee-free Mastercard spending abroad, where it matches the best cards we have measured at practically nothing off the real exchange rate. On rewards, though, it earns less than the typical reward card: our benchmark puts the typical card at 0.74%, while this one pays 1% only at supermarkets and 0.5% elsewhere. I find the £7 per month fee hard to justify on cashback alone, though NatWest does refund the £84 annual fee if you hold a NatWest Reward Black current account. The 40.7% APR means carrying a balance would be costly.
Jan Watermann (Co-Founder)DepositScout

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