NatWest Reward Debit Card Review 2026

Cashback

Up to £5/
mo

Flat monthly reward, not a % of spend

Annual fee

£24

£2 per month

Spending abroad

Free

No foreign transaction fees

Lounge access

Not included

How you earn

Up to £5/month in Rewards (£4 for Direct Debits + £1 app login) plus 1%+ at partner retailers and fee-free debit-card spending abroad.

£4/month for 2+ Direct Debits (£2+ each).
£1/month app login.
From 1% back in Rewards at partner retailers (offers change every two weeks).
From 1 October 2026 the £1 app-login Reward is removed, so the monthly maximum falls to £4. Maximum 1 Reward account in sole name and 1 in joint names. Rewards can be taken as cash (5 working days), e-gift codes or a charity donation once you reach £5.
2+ Direct Debits of £2+ each for the £4 Reward.
The £1 app-login Reward disappears on 1 October 2026. Needs £1,250 paid in each month. No travel or phone insurance — that is Silver/Platinum.

Opening offer

£200 switch offer for customers who did not hold a NatWest current account on 6 May 2026 — open, switch, and meet the conditions within 60 days. Not available if you or anyone on the account has had a NatWest Group cash switch incentive, or if you are switching from NatWest, RBS or Ulster Bank.

Using it abroad

Up to £5/month in Rewards against a £2 fee, partner-retailer offers, Reward credit-card fee refunded, and fee-free debit-card spending abroad.

No foreign transaction fee on debit card purchases abroad (NatWest added this to Reward debit cards). Not valid for ATM withdrawals. Local fees may apply.
Converts at the Mastercard exchange rate.

See today's live travel money rates

Who can apply

The £24 Reward credit card annual fee is refunded if you hold a Reward current account. Defaqto 5-star rated in 2026.

Pay in £1,250 a month to an eligible NatWest personal current account.

What else you get

£4 a month in Rewards for 2 or more Direct Debits of at least £2 each, plus £1 a month for one app login — up to £5 a month against a £2 fee — and at least 1% back at partner retailers. No packaged travel or phone insurance (that sits on Silver and Platinum).

UK residents 18+. You can hold one Reward account in your name and one in joint names. Upgrade path to Reward Silver (£10/month) and Reward Platinum (£22/month) for insurance.

Our Expert Opinion on NatWest Reward Debit Card

The NatWest Reward Debit Card suits people who already bank with NatWest and want a low-effort monthly cashback alongside fee-free spending abroad. On Mastercard rates it sits practically nothing off the real exchange rate, which matches the best cards we have measured. The structure is straightforward: up to £5 a month in rewards against a £2 fee, though I would flag that from 1 October 2026 the £1 app-login reward disappears, dropping the monthly maximum to £4. You also need to pay in £1,250 a month, so it is not quite as passive as it first looks.