Your account can be opened online or through our mobile app. By contrast, instant access savings account rates are variable and can be changed, e.g. Remember, to apply for a Digital Regular Saver account, you must: Login using your NatWest Online Banking details at the start of the application. If you have a minimum of £25,000 to invest, read more. Whether you're saving for bills, equipment or business expansion - our savings accounts let you earn interest and have instant access to your funds. 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? Yes, but the combination of lump sum deposit and standing order cannot exceed £50 per calendar month. If you've lots to save, you can open several different savings accounts. Find out more (PDF, 3k KB) about the scheme and how it protects your money. 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. NatWest Treasury Reserve account could be right for you. Join the club and reach your goals faster. Savings Builder - great for regular savers, with a savings balance under £10,000. If you close your account, you will not earn interest for the month of closure. Just in case. You will still receive the higher interest rate on your balance up to £1000. Achieving the higher interest rate on balances up to £1,000, Saving up for larger purchases, e.g. You can only have one Digital Regular Saver and it needs to be in your name. Yes, we may change the rate up or down. to take account of Bank of England base rate changes, or changes in … This is the set time period offered by the bank. At NatWest we offer terms of either 1 or 2 years. Fixed rate accounts offer guarantees over what interest you’ll earn over a 'term'. You can log in and manage or close your savings account and learn about your personal savings allowance. Instant access savings accounts allow you to withdraw your money whenever you need it. Over 250,000 NatWest customers are using our in app Savings Goal Tool. If you would like to open a packaged account, this can be done online or in branch. NatWest has unveiled a new account with a market-leading 3% interest rate designed to help customers with little or no savings. A cash ISA is a savings account where you don’t pay tax on the interest you earn. Topics. To jump back up & compare our fixed rate products, click here. You'll need to sign up for Online Banking with us in order to apply for the Digital Regular Saver account online. Take money out if you need it, you’ll just receive a lower interest rate for that 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. Be rewarded for saving £50 or more each month, on savings up to £10,000, Balance grows by less than £50 a month. Compare different savings accounts in the table below; from All Savings to Instant Access, Fixed Rate, ISAs or Children's savings accounts. We have a number of tools to help you get a handle on what's coming in, what's going out and where you could save more: In short, yes. A maximum of £50 can be paid into the account in a calendar month, i.e 1st – 31st. 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. Common uses include as a first savings account, or to store shorter term savings for rainy days or smaller purchases. If you wish to put extra money into the account, the combination of this and your standing order cannot exceed the £50 per calendar month limit. 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. Interest rates are subject to variation. Find out how you can use our Savings Goal Tool using your mobile app as well as other top tips to help you save. To jump back up and view our range of instant access products, click here. Whether you're saving for bills, equipment or business expansion - our savings account lets you earn interest and have instant access to … Conditions apply. Very important information about how your money is protected. 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. Some of our instant access accounts offer bonus interest rates for depositing regularly or leaving your savings untouched. Otherwise we’ll tell you before or shortly after the change. It takes just 5 minutes to apply. The savings account that rewards you with bonus interest every month you leave your money untouched. Here you'll find our interest rates for each of our products, including balance examples to see how much you could earn. to take account of Bank of England base rate changes, or changes in rates paid by other banks. Any amount over this limit may be automatically moved to your current account. The savings account is instant access, so customers can dip into their funds whenever they want. You can find more details about how we’d tell you about a change in section 9.2 of the Savings Accounts Terms. You'll get our highest interest rate when you save between £1 - £50  by standing order each month, on balances up to £1,000. We need to do a few final checks with you. Click here to find out more about the scheme & how it protects your money. They'll only take a minute. 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. The current tax-free allowance is £20,000. Compare NatWest Savings Accounts. Access your savings whenever you need it. Yes, you can withdraw your money at anytime. This interest is calculated daily for all accounts. A UK resident, aged 18 years or over and a NatWest current account holder. Find out more. You'll need your sort code and account number, and your NatWest debit card if you have one. The key is to read the details thoroughly so you're aware of any penalties if you withdraw savings or you don’t save a specific amount of money regularly. NatWest has unveiled a new account with a market-leading 3% interest rate to help customers kick-start a savings habit. NatWest Business Reserve Account - the business account that allows you to access your account and make multiple withdrawals without penalties. NATWEST recently launched a new savings account, enabling customers to access a three percent interest rate on their savings. What are the different balances in Online Banking? 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 resident in Gibraltar, you must be an existing NatWest International customer. This account is also only open to UK … If you don't have one, click here to view our current account range. You can manage your account on our mobile app, online, in branch or by telephone. Balances of £1+, Balance grows by £50 or more a month. It comes amid a … Before you apply, we need to check you're happy with a few things. 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