People saving with NatWest could win £1,000 this summer if they turn on a ‘round ups’ feature on their account which simply rounds up the cost of a purchase to the nearest pound and automatically puts the spare change into a chosen savings account.
The competition runs until June 30 and the bank said it will award 10 customers £1,000 each, with the winners drawn at random on July 14.
The prizes are aimed at those turning the feature on in the mobile banking app during the competition period.
NatWest has also introduced a ‘double ups’ feature which enables customers to automatically move double the spare change into their savings account. The account opening age has also been lowered from 18 to 16-years-old.
The bank’s digital regular saver account pays 3.25% on balances up to £1,000 and people can put in up to £150 each month.
Some other providers also run competitions for customers such as Nationwide Building Society which has a member prize draw.
Get the latest money-saving and benefits news sent straight to your inbox. Sign up to our weekly Money newsletter here.
