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NatWest is handing £120 bonus payments to CERTAIN customers under a new scheme. The high street bank, which has branches in Birmingham , is offering new customers free £120 rewards bonuses for switching to the Premier Select or Premier Rewards account.

Under the terms and conditions, each month, customers with their new Premier Reward account will receive £9 in rewards if they have two direct debits of at least £4.50. An additional £1 will be added for logging into the mobile app each month.

This amounts to £120 per year, the bank has said. Barry Robinson, premier transformation director at NatWest, said: “At NatWest, we’re always striving for ways to create meaningful value for our customers.

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