PayperWIZ

NatWest Reward Black cashback rate, cap and annual fee

NatWest Reward Black pays 1% on groceries and 0.5% on everything else. The card costs GBP 84 a year.

This is information about each card's published terms, not a recommendation to apply. PayperWIZ arranges no credit and is paid nothing by any bank or card issuer.

NatWest · United Kingdom · catalogue v103

Read from NatWest's own published terms on 1 Oct 2026.

GBP 84Annual fee
1%Best rate

What it pays, by category

SpendingRateMonthly cap
groceries1.00%—1% back in Rewards at supermarkets (not their petrol stations).
everything else0.50%—0.5% back everywhere else, including supermarket petrol stations.
1% at supermarkets, 0.5% elsewhere, and no fee on foreign purchases. £84 a year, refunded with NatWest's Premier Reward Black current account, which NatWest prices at £39 a month on one line of its page and £36 on another, and which needs £100k income or equivalent. Source: natwest.com Reward Black page, summary box and MyRewards terms, read 1 Oct 2026.

Questions people ask

What cashback does the NatWest Reward Black pay?

1% on groceries and 0.5% on everything else.

Is there a cap on the NatWest Reward Black?

No monthly cap is published on the rates shown here.

What is the annual fee on the NatWest Reward Black?

GBP 84 a year.

Knowing the rate is not the same as remembering it

PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. Every rate in it says where it came from, the way this page does: read off the issuer and dated, or marked indicative.

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