NatWest Reward Credit Card: Great for Groceries, Mind the APR

The Quick Version

The NatWest Reward Credit Card delivers decent rewards, especially if you're a NatWest account holder. You'll earn 1% back on supermarket spending and up to 15% back at selected retailers. However, the 31.0% APR (variable) is high, and there’s no sign-up bonus. If you carry a balance, this might not be the card for you.

What's Inside

This card is tailored for NatWest customers, offering 1% cashback on supermarket purchases and up to 15% back at MyRewards retailers. It’s a Visa card, so it's widely accepted. There's no annual fee if you have a NatWest Reward current account, otherwise, it's £24. The card requires a good credit score, and applicants must be UK residents earning at least £10K annually.

What's Actually Good

The standout feature here is the rewards on everyday purchases.

• ✅ No annual fee for NatWest account holders.
• ✅ 1% back on groceries—great for families and regular shoppers.
• ✅ Easy redemption for vouchers or travel.

The Catch

There are some significant drawbacks to consider.

• ❌ The 31.0% variable APR is high, so avoid carrying a balance.
• ❌ No sign-up bonus, which is a missed opportunity compared to cards like American Express Everyday.
• ❌ Charges interest on balance transfers, which isn't ideal if you're looking to consolidate debt.

Who It's For

This card is perfect for NatWest account holders who pay off their balance monthly and want to earn on everyday spending—especially if your grocery bill is hefty. It's less suited to those who might carry a balance or want a juicy sign-up bonus. Also, if your credit isn't strong, qualifying might be tough.

The Bottom Line

If you're a loyal NatWest customer looking to maximize rewards on everyday purchases, this card is worth considering. But the high APR means it's not the best choice if you plan to carry a balance. For frequent travelers, check out our review of the Barclaycard Avios Plus.