Money Monday (16 Mar): £150 NatWest, £50 energy credit + 5% saver bonus 💷

NatWest is paying £150 to eligible new customers who switch over using the Current Account Switch Service. It is not the biggest switch bonus on the market, but it is still a solid payout and feels fresher than recycling the same Santander offer again.

To get it, apply for an eligible NatWest current account, request a full switch by 28 May 2026, and have the switch complete by 16 June 2026. After that, you need to pay in £1,250 and log into the mobile app within 60 days of the switch completing.

The main gotcha is eligibility. NatWest says you cannot have received a switch offer from NatWest, RBS or Ulster before, and you must not have held a NatWest current or savings account on 17 February 2026. If you qualify, it is a decent one-and-done cash boost.

Best for: anyone happy to do one switch this spring, but not interested in building the whole newsletter around them.

Octopus Energy is still offering £50 bill credit to new customers who join through a referral. It is simple, familiar, and one of the few utility offers that still feels worth mentioning.

You need to switch to Octopus using a valid referral link from an existing customer and complete the move. The £50 is applied as account credit rather than paid out as cash, so the real benefit is lower future bills.

The important bit is not to switch for the credit alone. Compare the tariff first, then treat the £50 as the extra nudge if the numbers already make sense. If the tariff is poor, leave it.

Best for: anyone already shopping around on gas and electricity and happy to use a referral from a friend or family member.

cahoot’s Sunny Day Saver is paying 5.00% AER variable on balances up to £3,000, which is already competitive on its own. On top of that, TopCashback is showing a £15 payout for opening one, which makes this a nice double-up if you do not already have the account.

The simple version is: go via TopCashback, open the cahoot saver, and fund it. You then get a decent easy-access rate on your savings and, if tracking behaves, the extra cashback as well.

Two sensible caveats here. Cashback can take time to track and pay, so only do this if the account itself is worth opening to you. Also, the 5% headline only applies to the first £3,000, so this is best used as a parking spot for a smaller emergency pot rather than a main savings home.

Best for: anyone with a few thousand pounds sitting in an average easy-access account.

J.P. Morgan is offering £100 cashback to eligible Chase customers who open a J.P. Morgan Personal Investing account and meet the funding rules. That is a meaningful bonus for a product you can run quietly in the background if you were planning to invest anyway.

To qualify, you need to open through the Chase app, use the promo code, and fund the account with at least £1,000 by 5 May 2026. The cashback is paid if you keep the money invested until 31 May 2027, so this is definitely not one for short-term cash.

This is an investment account, not a savings account, so your balance can fall as well as rise. I would only include this on your shortlist if you already use Chase and are comfortable leaving the money alone for at least a year.

Best for: existing Chase users who want a straightforward long-term investing incentive rather than a trading app gimmick.