NatWest Advantage Gold
Compare the NatWest Advantage Gold with the UK's best current accounts, including application criteria, incentives, facilities, overdraft, rates and fee & charges.
 |  Compare NatWest Advantage Gold details directly with other current accounts or compare current accounts using our current account comparison tables. | ||
| Company: | NatWest www.natwest.com | ||
| Product: | Advantage Gold | ||
| Apply via this site: | Not available | ||
| Application Criteria | |||
 Minimum income: | No minimum income required for his account. | ||
| Minimum Monthly Credit: | No minimum month credit is required. | ||
| Minimum Investment: | There is no minimum investment required to open this account, however interest is earned from £0. | ||
| Maximum Investment: | Unlimited | ||
| Minimum Age: | The minimum age is 18 years. | ||
| Maximum Age: | Unlimited | ||
| Existing Customer Only: | This account is not only available to existing customers. | ||
| Area Restrictions: | No area restrictions. | ||
| Transfer Assistance: | A transfer pack is issued. | ||
| Incentives | |||
| Account Promotions: | Annual 5-star travel insurance Mobile Phone Insurance Identity Theft Insurance £10,000 accidental death benefit 10% off car insurance 25% off home insurance Extended warranty Travellers Cheque Card Commission-free travel money Travel service Discounts on worldwide hotels 10% off home electrical goods 20% off CDs and DVDs 20% off UK attractions | ||
| Incentive Cashback £: | This incentive is not available with this account. | ||
| Incentive Moneyback: | This incentive is not available with this account. | ||
| Incentive Pref Rate/Deals: | Receive a discount on a Natwest personal loan. Exclusive access to Natwest mortgage offers The customer can save 25% on their first NatWest home insurance annual premium 10% off Natwest car insurance (plus an additional 10% off if they already have a NatWest Home Insurance or Annual Travel Insurance). | ||
| Incentive Disc/Vouchers: | 20% off attractions with a Privilege Card - a Privilege Card entitles up to six people to a 20% discount off entry to 200 leading attractions throughout the UK. Discounts of up to 60% at more than 20,000 hotels worldwide in 3,300 cities An average 20% discount off the typical high street price on videos, CDs, DVDs and games software delivered free to the UK mainland. Get a price that is guaranteed to be 10% lower than the typical high street retailer price on thousands of top brand items such as videos, TVs, cameras and much more with NatWest's Home Shopping Service. The customer can order by phone and get free delivery to the UK mainland. | ||
| Incentive Breakdown: | This incentive is available with this account. | ||
| Incentive Protection: | A year's extra extended warranty on home electrical goods £5,000 Identity theft protection. | ||
| Incentive Other Insurance: | This incentive is not offered with this account. | ||
| Incentive Savings Sweep: | This incentive is not available with this account. | ||
| Incentive Currency: | Commission free travel money with free home delivery. No commission when NatWest buy or sell back travel money or American Express travellers' cheques, and home delivery is free. | ||
| Incentive Other: | Travellers Cheque Card There is a ninety day, no-quibble, moneyback guarantee if a customer no longer wishes to keep the account. Can offset a mortgage with this account: Forgo interest on this account, in order to not pay the interest on the same amount of the mortgage. | ||
| Facilities | |||
| Internet Banking: | NatWest's OnLine Banking allows the customer to keep a close eye on their balances on all NatWest accounts including credit cards. View the most up to date information with real time balances, payments and transfers. Can also pay bills and transfer money at the touch of a button, schedule payments or transfer in advance, and much more. The customer can have up to 50 accounts: view up to their last 6 months' entries for their bank accounts and the last 100 days entries for the card accounts. | ||
| Branch Banking: | This account can be operated through a branch. | ||
| Telephone Banking: | NatWest offers telephone banking, 24 hours a day, 7 days a week. | ||
| Post Office Banking: | Transactions cannot be made at a Post Office. | ||
| Standing Orders: | A standing order facility is available. | ||
| Direct Debits: | A direct debit facility is available. | ||
| BACS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| CHAPS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| Bill Payment Service: | Bill payment service is available. | ||
| Statement Frequency: | Statements are issued monthly. | ||
| Min Additional Deposit: | Unlimited | ||
| Minimum Withdrawal: | Unlimited | ||
| Withdrawal Restrictions: | Withdrawal Conditions - None. | ||
| ATM Card: | An ATM card is available - subject to approval. | ||
| ATM Mini Statements: | Mini statements are available through the ATM. | ||
| Max ATM Withdrawal: | The maximum ATM withdrawal is £500.00. | ||
| Cheque Book: | A cheque book is available. | ||
| Cheque Guarantee Card: | A cheque guarantee card of up to £100 can be issued subject to status. | ||
| Cheque Clearance Time: | Funds from a paid-in cheque become available within 3 working days. | ||
| Debit Card: | A Solo card is available. | ||
| Debit Card Type: | A Solo card is available. | ||
| Passbook: | A passbook is not provided with this account. | ||
| Text Messaging Events: | Text messaging events are available. | ||
| Text Mini Statements: | Text message mini statements are available. | ||
| Travel Ins Winter Sport: | Winter sports cover is included. | ||
| Overdraft | |||
| Overdraft Facility: | Overdraft facilities are available subject to status. | ||
| Interest Free O/D Limit: | No interest-free overdraft is offered. If the customer has an arranged overdraft, an interest-free buffer is applicable. | ||
| Automatic O/D Facility: | There is no approved overdraft facility automatically set up when this account is opened. | ||
| Overdraft Buffer Limit: | An interest free overdraft buffer facility of £100 is available to arranged overdrafts. | ||
| Overdraft Arrangement Fee: | No arrangement fee for Credit Zone Overdrafts below £7,500, in excess of £7,500 there is a charge of 2% of the new limit, or increase over the previous limit (minimum £30). This fee is also applicable if a rate other than the standard overdraft rate is payable. | ||
| Auth O/D Rate-APR/EAR: | The annual rate charged for authorised overdrafts is 18.49% | ||
| Mthly Auth O/D Charge: | No monthly authorized charge is payable. | ||
| Unauth O/D Rate-APR/EAR: | The annual rate charged for unauthorised overdrafts is 29.69% EAR. | ||
| Mthly Unauth O/D Charge: | If the customer exceeds their arranged overdraft facility or if they go overdrawn without prior arrangement they will be charged £28 Unarranged Borrowing Fee per charging period. | ||
| Overdraft Letter Charge: | No charge for sending an overdraft letter. | ||
| Rates | |||
| Headline Interest Rate: | The headline interest rate is 0.25% AER. | ||
| Rate Guarantee: | There are no interest rate guarantees. | ||
| Introductory Bonus: | No introductory bonus payable. | ||
| Amount of Bonus: | The bonus amount is 0%. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Non Standard Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 0.25% 0.25% 0.25% | ||
| Gross AER - £1/£50: | 0.25% | ||
| Gross AER - £500: | 0.25% | ||
| Gross AER - £1,000: | 0.25% | ||
| Gross AER - £2,500: | 0.25% | ||
| Gross AER - £5,000: | 0.25% | ||
| Gross AER - £10,000: | 0.25% | ||
| Gross AER - £25,000: | 0.25% | ||
| Gross AER - £50,000: | 0.25% | ||
| Gross AER - £100,000: | 0.25% | ||
| Interest Payment Freq: | Interest is paid monthly on the last working day prior to the last day of the month. | ||
| Interest on Withdrawal: | Interest stops being paid on a withdrawal on the same day. | ||
| Int Added to Account: | Interest can be added to the account. | ||
| Interest Paid by Cheque: | Interest cannot be paid by cheque or warrant. | ||
| Int Paid to Bank A/c: | Interest cannot be paid to a bank account. | ||
| Int Paid to Other A/c: | Interest can be paid to another account. | ||
| Int After Cash Deposit: | Interest is paid on a cash deposit on the same day. | ||
| Int After Cheq Deposit: | Interest on a cheque deposit will be paid after 3 days. | ||
| Int After BACS Deposit: | Interest is paid on a BACS deposit on the same day of deposit. | ||
| Interest Variant: | No | ||
| Max Balance High Interest: | Unlimited | ||
| Fee & Charges | |||
| Free Banking: | A servicing charge is payable each month, taken directly from the account. | ||
| Monthly Charge: | A service charge of £12.95 per month. | ||
| Standing Order Charge: | There is no charge for payment of a standing order mandate. | ||
| S/O Setting Up Charge: | There is no charge for setting up a standing order mandate. | ||
| S/O Amendment Charge: | There is no charge for amending a standing order mandate. | ||
| S/O Cancellation Charge: | There is no charge for cancelling a standing order mandate. | ||
| Unpaid S/O Charge: | The charge for an unpaid standing order mandate is £38.00. | ||
| Direct Debit Charge: | There is no charge for payment of a direct debit mandate. | ||
| Debit card charge Europe: | A charge of £1.25 is made for point of sale transactions using Maestro. | ||
| D/D Setting Up Charge: | There is no charge for setting up a direct debit. | ||
| D/D Amendment Charge: | There is no charge for amending a direct debit mandate. | ||
| D/D Cancellation Charge: | There is no charge for cancelling a direct debit mandate. | ||
| Unpaid D/D Charge: | The charge for an unpaid direct debit mandate is £38.00. | ||
| CHAPS Charge: | CHAPS charge of £23 - Inter bank; £21 - Inter branch. | ||
| Stopped Cheque Charge: | A charge of £10 is made for a stopped cheque. | ||
| Unpaid Cheque Charge: | The charge for an unpaid cheque is £38.00. | ||
| Transaction Charge: | No charge is made for standard banking transactions on this account. | ||
| Unauth Transaction Fee: | Paid Referral Fee - Any items NatWest choose to pay, which result in an unarranged overdraft, will attract a paid referral fee. A charge of £30 for the day the transaction was debited (up to a maximum of £90 in a calendar month). Card Misuse Fee - If the customer uses their Natwest card when there are insufficient funds in their account and Natwest are obliged to pay the item, Natwest will charge the customer a £35 card misuse fee. | ||
| ATM Withdrawal Charge: | Account holders can use NatWest Servicecard or Cashcard in any NatWest cash machines or through almost all other UK cash machines. At a small number of cash machines in the UK, the owner of the cash machine may still charge a fee. The customer will be advised on the screen about any charges before they withdraw cash. | ||
| ATM charge Europe: | A charge of 2.00% (max £5.00) is made for ATM withdrawals using Cirrus. | ||
| A/c Transfers Int. Free: | There is not an interest free overdraft offered with transferred accounts. | ||
| Bankers Draft Charge: | The charge for a bankers draft is £12. | ||
| Bankers Reference Charge: | £10 is charged for a banker's reference. | ||
| Copy Cheque Charge: | Managers discretion - £4.00 min (if single item), £25 per hour of work. | ||
| Duplicate Stat Charge: | The charge for duplicate statements is £2.50 per sheet (£5 minimum). | ||
| Special Clearance Charge: | The charge for obtaining a special cheque clearance is £15. | ||
| Forex fee % Europe: | Exchange rate transaction fee of 2.75% is applied for all transactions abroad. | ||
| Other Charges: | No other charges are payable. | ||
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| Products: | www.natwest.co.uk Current Accounts | ||
