iFAST Global Bank vs NatWest Premier: Switch Bonus Comparison
NatWest Premier offers the better net value at £500 vs £0 after fees.
- Switch salary/pension via Bacs Direct Credit (not CASS)
- Receive at least 1 payment between 1 Feb – 30 Apr 2026
- No need to close existing account
- Open a Premier Select or Premier Reward account and complete a full CASS switch
- Pay in £15,000+ within 90 days
- Log in to the NatWest mobile app
- Eligibility: £100k+ sole income (£120k joint), or £100k+ savings/investments with NatWest, or a £500k+ NatWest mortgage
- No previous NatWest Group switch bonus
- 2.65% AER on GBP balances
- Multi-currency accounts (USD, EUR, HKD)
- Early salary access (1 business day before payday)
- £500 paid within 30 days of the 90-day check
- Premier Select: no monthly fee
Verdict: iFAST Global Bank vs NatWest Premier
iFAST Global Bank comes with more perks (3 vs 2), including things like 2.65% aer on gbp balances.
iFAST Global Bank has no income requirement, while NatWest Premier requires £100,000/yr.
Frequently Asked Questions
Which has the higher switch bonus, iFAST Global Bank or NatWest Premier?
Currently only NatWest Premier has an active switch bonus. iFAST Global Bank does not have an active offer at this time.
Can I switch to both iFAST Global Bank and NatWest Premier?
Yes, you can switch to both banks, but you need to do them one at a time using the Current Account Switch Service (CASS). Complete one switch, wait out the cooling-off period, then switch again to the second bank.
How long is the cooling-off period for iFAST Global Bank and NatWest Premier?
Cooling-off period data is not currently available for these banks. Check the individual bank pages for the latest information.
Which bank is easier to switch to, iFAST Global Bank or NatWest Premier?
Both banks use the Current Account Switch Service (CASS), which makes the process straightforward. The main differences are in specific requirements like minimum pay-in amounts, number of direct debits, and whether you need to use their app. Check the requirements comparison above for full details.