12 month fee-free arranged overdraft available. Instant access savings accounts allow you to withdraw your money whenever you need it. The good news is that it normally takes just 5 minutes. The savings account that rewards you with bonus interest every month you leave your money untouched. You can find more details about how we’d tell you about a change in section 9.2 of the Savings Accounts Terms. NATWEST recently launched a new savings account, enabling customers to access a three percent interest rate on their savings. There are a few reasons for this, such as a change in the Bank of England base rate. Save for your businesses' future. Taxpayer-owned NatWest blasted over legal costs for new PPI cases. Otherwise we’ll tell you before or shortly after the change. Copyright © National Westminster Bank plc 2020, Individual account eligibility criteria and conditions may apply, Our NEW regular savings account that rewards you. Why we like it: 2.00% interest for 12 months on balances up to £1,500 for the first year. You will still receive the higher interest rate on your balance up to £1000. It shows you what the rate would be if interest was paid and compounded each year. NatWest Support Center. Copyright © National Westminster Bank plc 2020, Please choose an option below to continue, Exclusively for our current account customers, aged 18+. Download PDFs of all terms and conditions for business current and savings accounts, as well as information on fees and charges. Savings Builder Build your savings with our regular savings account To apply you must be aged 16 years or over, already hold a NatWest International current account and be resident in either Jersey, Guernsey, Gibraltar, Isle of Man or the UK. Your account can be opened online or through our mobile app. Open Monday to Friday 8am - 8pm, Saturday 9am - 3pm. Yes, you can withdraw your money at anytime. Greater interest rates are available on some accounts if certain conditions are satisfied, such as depositing regularly, or leaving your savings untouched. Their First Saver Account is an instant access account for youngsters under the age of 16. You can find a full list of reasons for an interest rate change in section 9.2 of the Savings Account Terms. Where can I find my IBAN and BIC numbers? to take account of Bank of England base rate changes, or changes in … If you close your account, you will not earn interest for the month of closure. You'll get our highest interest rate when you save between £1 - £50  by standing order each month, on balances up to £1,000. Premium Saver Account | NatWest … 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. 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. We could help, We support you through different life events. Yet these accounts only let you save a maximum of £50 a month, and the rates are variable – so the returns aren't certain. At NatWest we offer terms of either 1 or 2 years. Instant Saver - instant access savings; Savings Builder - savings of £50 - £25,000; Premium Saver - savings of £25,000 - £1,000,000 All kinds of general info about our savings accounts. It is important to note that if you choose to end your term early and access your cash, you could incur an Early Closure Charge. NatWest Business Banking - Terms and Conditions (PDF, 420 KB) Business Reserve Account Interest is calculated daily and paid quarterly. Remember, to apply for a Digital Regular Saver account, you must: Login using your NatWest Online Banking details at the start of the application. Access your savings online, in branch or over the phone. 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. The savings account is instant access, so customers can dip into their funds whenever they want. Please read the account info below before applying. Yes, we may change the rate up or down. Any amount over this limit may be automatically moved to your current account. NatWest, like many high street bank banks, restricts its top rate regular savings account to those holding a current account with them. This includes your standing order and any extra money you put in. 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). Achieving the higher interest rate on balances up to £1,000, Saving up for larger purchases, e.g. Simply select “View account & apply” on the product tile for your chosen account in the comparison above. You can only have one Digital Regular Saver and it needs to be in your name. If you would like to open a packaged account, this can be done online or in branch. We recommend you view the individual product page for your chosen account for information on when interest is paid, as this differs between accounts. NatWest said the new digital savings account is designed for customers with little or no savings, to encourage them to build up a buffer in times of economic uncertainty. Important: You must hold a current account with us in order to apply. To jump back up & compare our fixed rate products, click here. After account opening you can make a deposit via Online or Mobile Banking. This interest is calculated daily for all accounts. Find out how you can use our Savings Goal Tool using your mobile app as well as other top tips to help you save. 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. Adjust your standing order or withdraw your money whenever you need to, free of charge. NatWest savings accounts NatWest offers a wide range of short and long term savings accounts, ranging from fixed rate bonds and cash ISAs to children’s savings and flexible easy access accounts. Interest rates are subject to variation. (Opening hours may vary … And ask you a few questions up front. 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. If you repeatedly try to pay more than £50 each month into the account, you will be given 60 days’ notice to close the account. Some of our instant access accounts offer bonus interest rates for depositing regularly or leaving your savings untouched. Customers can put between £1 to … NatWest Business Reserve Account - the business account that allows you to access your account and make multiple withdrawals without penalties. A maximum of £50 can be paid into the account in a calendar month, i.e 1st – 31st. They'll only take a minute. NatWest Treasury Reserve account could be right for you. Stands for the Annual Equivalent Rate. 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? If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. Whether you're saving for bills, equipment or business expansion - our savings account lets you earn interest and have instant access to … View our rates and apply online, in-branch or by phone. NatWest account opening. NatWest states this digital savings account is exclusively for current account customers, aged 18 and over. If you have a NatWest or RBS current account, you can get the top rate of 3.04% with their linked regular savers. 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. Exclusively for current account customers, aged 18 and over. Simply move the amount you want to your current account held with us using your Online banking, mobile app, in branch or by telephone. There is no maximum balance limit, however, the higher interest rate will only apply to balances up to and including £1,000. Be rewarded for saving £50 or more each month, on savings up to £10,000, Balance grows by less than £50 a month. Joint accounts aren’t allowed. Please see the forms of ID we can accept. I am going abroad and don't want my card to be blocked, what should I do? Once the account is closed we'll send you the Closing Document your solicitor needs to claim the bonus - allow up to 10 working days in total. Business Savings - want better returns? A conditional bonus interest of 0.50% Gross pa (fixed) paid quarterly as standard, if … Compare different savings accounts in the table below; from All Savings to Instant Access, Fixed Rate, ISAs or Children's savings accounts. Please take some time to review, print and/or save the important information. By contrast, instant access savings account rates are variable and can be changed, e.g. 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. 0800 200 400 (overseas +44 121 695 9238) Minicom: 0800 917 0526. Get rewarded for regular saving. A few things out more about the scheme & how it protects money! In … Get rewarded for saving £50 or more each month over this limit may be automatically moved your! Rates paid by other banks for you exclusively available for our current account range income.... 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