To jump back up & compare our fixed rate products, click here. Exclusively available for our current account customers, aged 16 or over. NatWest has announced changes to some interest rates on savings accounts (Image: GETTY) And, those wishing to claim the 25 percent government bonus - up to £3,000 - … We offer 2 types of cash ISA: Anyone aged 16 or over and resident in the UK for tax purposes can open and deposit into a cash ISA. Before you apply, we need to check you're happy with a few things. Important: You must hold a current account with us in order to apply. The good news is that it normally takes just 5 minutes. Simply select “View account & apply” on the product tile for your chosen account in the comparison above. If resident in Gibraltar, you must be an existing NatWest International customer. Why we like it: 2.00% interest for 12 months on balances up to £1,500 for the first year. Copyright © National Westminster Bank plc 2020, Please choose an option below to continue, Exclusively for our current account customers, aged 18+. Common uses include as a first savings account, or to store shorter term savings for rainy days or smaller purchases. Then we can make your application as quick and simple as it can be. And 0.01% on any amount over £1,000 in your account. 162,000 NatWest customers are already benefitting from our Digital Regular Saver (as of 16/12/2020). Fixed rate accounts offer guarantees over what interest you’ll earn over a 'term'. For example, if you had £20,000 and you needed £5,000 of it in two months' time, you could stick £5,000 in the top easy-access account, and then put the rest into a one-year fix. They'll only take a minute. Here you'll find our interest rates for each of our products, including balance examples to see how much you could earn. NatWest Support Center. Achieving the higher interest rate on balances up to £1,000, Saving up for larger purchases, e.g. Save £1-£50 each month with our NatWest Digital Regular Saver, our latest instant access savings account. This includes your standing order and any extra money you put in. NatWest, like many high street bank banks, restricts its top rate regular savings account to those holding a current account with them. Compare different savings accounts in the table below; from All Savings to Instant Access, Fixed Rate, ISAs or Children's savings accounts. To close any other type of savings account, or if you prefer, you can visit your local NatWest branch along with your Debit Card, Pin and proof of ID. There are a few reasons for this, such as a change in the Bank of England base rate. Copyright © National Westminster Bank plc 2020, Individual account eligibility criteria and conditions may apply, Our NEW regular savings account that rewards you. clothes, gifts, meals out or holidays, Managing monthly spending while earning interest, Earning higher interest on larger pots of savings that are unlikely to be needed on a regular basis, Note: all our savings accounts are protected by the FSCS guarantee up to a certain limit. Please take some time to review, print and/or save the important information. No withdrawals made in a month, Balances under £25,000, over £1,000,000 or one or more withdrawals made in a month, Earn interest tax-free & fix your interest rate for 1 or 2 years, Earn interest tax-free & access your savings anytime, We’re here to support you through all your life journeys, Buying for the first time, moving or remortgaging? Conditions apply. You'll need your sort code and account number, and your NatWest debit card if you have one. Your eligible deposits with NatWest are protected up to a total of £85,000 by the Financial Services Compensation Scheme. Some of our instant access accounts offer bonus interest rates for depositing regularly or leaving your savings untouched. Exclusively for current account customers, aged 18 and over. further education, a car, a holiday or a house deposit, Setting cash aside for monthly spending or unexpected bills, Saving for larger items, e.g. You'll get our highest interest rate when you save between £1 - £50  by standing order each month, on balances up to £1,000. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). This is only an illustration of what you could save and assumes that no further deposits or withdrawals are made, that there aren’t any changes to interest rates or tiers, and any interest earned stays in the account. If you have a minimum of £25,000 to invest, read more. Yes, we may change the rate up or down. By contrast, instant access savings account rates are variable and can be changed, e.g. Access your savings online, in branch or over the phone. NatWest's business savings accounts let you earn interest and have instant access to your funds for bills, equipment or business expansion. Save as much or as little as you want each month with no charge. NATWEST recently launched a new savings account, enabling customers to access a three percent interest rate on their savings. Business Savings - want better returns? Be rewarded for saving £50 or more each month, on savings up to £10,000, Balance grows by less than £50 a month. Savers can pay in up to £50 each month. Remember, to apply for a Digital Regular Saver account, you must: Login using your NatWest Online Banking details at the start of the application. Your account can be opened online or through our mobile app. Fixed Rate ISA - where you get a guaranteed rate, but must lock your savings in for a certain time, called a 'term'. Customers can put between £1 to … If you don't have a Debit card relating to your savings account, please bring in an active Debit card on any account you hold with us. We’ll give you at least 14 days’ notice if the rates are going down and your balance is £100 or more. The savings account that rewards you with bonus interest every month you leave your money untouched. NatWest Business Banking - Terms and Conditions (PDF, 420 KB) Business Reserve Account Topics. Including details about the Digital Regular Saver account. Fixed rate savings (formally called 'bonds') allow you to fix your interest rate for a set period of time, and it will not be changed. Take money out if you need it, you’ll just receive a lower interest rate for that month. Leave your savings untouched and receive bonus interest on amounts between £25,000 and £1 million. 0800 200 400 (overseas +44 121 695 9238) Minicom: 0800 917 0526. If you close or switch your current account with us in future, you will only be able to withdraw money from your account in branch. NatWest said the new account is designed to help customers with little or no savings develop a savings habit and comes after it saw 400,000 customers grow their savings by £100 or more for the first time during the coronavirus lockdown. You’ll be able to see and access the interest in your account on the following day. NatWest account opening. Savings Builder - great for regular savers, with a savings balance under £10,000. NatWest Treasury Reserve account could be right for you. Get rewarded for regular saving. A cash ISA is a savings account where you don’t pay tax on the interest you earn. We need to do a few final checks with you. If you feel ready and have read the account info below, let's get your application started so you can start saving. View our rates and apply online, in-branch or by phone. This account is also only open to UK … We’re here to support you through all your life journeys, Buying for the first time, moving or remortgaging? This interest is calculated daily for all accounts. You can only pay up to £50 into the account each calendar month. NatWest has made the different benefits of its various savings accounts readily available to compare, and it has some useful savings tools as well. Fixed rate savings (formally called 'bonds') allow you to fix your interest rate for a set period of time, and it will not be changed. Open Monday to Friday 8am - 8pm, Saturday 9am - 3pm. Compare NatWest Savings Accounts. NatWest has unveiled a new account with a market-leading 3% interest rate to help customers kick-start a savings habit. Balances of £1+, Balance grows by £50 or more a month. No, but it helps keep you in the savings habit. Find out more. (Opening hours may vary … Instant access savings accounts. Furthermore, we are regulated by the Prudential Regulation Authority and authorized by the Financial Conduct Authority and Prudential Regulation Authority, meaning we operate to the same high standards as any bank or building society. Interest is calculated on a daily basis and paid into your account on the first business day of the month. Interest is calculated daily and paid quarterly. Just in case. Extra money can come from a current or savings account in your name held with us or held with another bank (online, by telephone or on the mobile app) as long as it doesn't exceed the £50 monthly limit. You will still receive the higher interest rate on your balance up to £1000. All kinds of general info about our savings accounts. Variable interest rate when you grow your savings by £50 or more each month; Exclusively available for NatWest current account customers; Pay into it when you can; Unlimited withdrawals; Premium Saver. Balances up to £10,000, Exclusively for our current account customers, aged 16 and over, Exclusively for current account customers, aged 16 and over, Leave your savings untouched each month & earn bonus interest on balances over £25,000, Balances between £25,000 and £1,000,000. Over 250,000 NatWest customers are using our in app Savings Goal Tool. NatWest has unveiled a new account with a market-leading 3% interest rate designed to help customers with little or no savings. Other Instant Access Accounts: If you have an existing balance in the account, please transfer it out, or tell us which of your NatWest accounts you want the balance to be moved into using the fields below. 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