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NatWest Increases Savings Rates By Full Amount
(05 February 2004)

NatWest has increased its savings rates following the Bank of England's decision today to increase base rate by 0.25%. Savers will benefit from Monday, 9 February 2004.

Interest rates on NatWest's First Reserve, Reward Reserve, Diamond Reserve, e savings, Savings Direct, Advantage Reserve, Mini Cash ISA, Young Saver and Private Banking Savings Account will be increased by the full 0.25%.

NatWest's mortgage rates are under review.


First Reserve
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £50,000 +0.751.00
Balance £25,000 - £49,9990.751.00
Balance £10,000 - £24,9990.751.00
Balance £5,000-£9,9990.700.95
Balance £0-£4,9990.450.70

Excluding all conditional rewards - interest paid quarterly


Reward
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £100,000 +0.901.15
Balance £50,000 - £100,0000.901.15
Balance £25,000 - £50,0000.801.05
Balance £10,000 - £25,0000.650.90
Balance £2,000 - £10,0000.200.45

Including all conditional rewards - interest paid quarterly and annually *


Reward
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £100,000 +2.502.75
Balance £50,000 - £100,0002.502.75
Balance £25,000 - £50,0002.402.65
Balance £10,000 - £25,0002.252.50
Balance £2,000 - £10,0001.802.05


Diamond Reserve
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £250,000 +2.652.90
Balance £100,000 - £249,9992.502.75
Balance £50,000 - £99,9992.152.40
Balance £25,000 - £49,9991.251.50
Balance £10,000 - £24,9990.901.15
Balance £2,000 - £9,9990.751.00


Savings Direct
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £250,000 +3.353.60
Balance £100,000 - £249,9993.203.45
Balance £50,000 - £99,9993.153.40
Balance £25,000 - £49,9993.053.30
Balance £10,000 - £24,9992.953.20
Balance £5,000 - £9,9992.753.00
Balance £0 - £4,9992.652.90


e-savings
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £250,000 +3.653.90
Balance £50,000 - £249,9993.503.75
Balance £10,000 - £49,9993.253.50
Balance £0 - £9,9992.853.10


90 Day Bonus Reserve (including bonus)
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £250,000 +3.754.00
Balance £100,000 - £249,9993.754.00
Balance £50,000 - £99,9993.753.90
Balance £35,000 - £49,9993.403.65
Balance £20,000 - £34,9993.353.65
Balance £10,000 - £19,9993.203.45


Advantage Reserve
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £250,000 +3.453.70
Balance £100,000 - £249,9993.353.60
Balance £50,000 - £99,9993.253.50
Balance £25,000 - £49,9993.053.30
Balance £10,000 - £24,9992.273.00
Balance £5,000 - £10,0002.452.70


Private Banking Savings Account
Current RateNew Rate from 9 February
TiersBase Rate 3.75%Base Rate
4.00%
Balance £250,000 +3.153.40
Balance £100,000 - £249,9993.103.35
Balance £50,000 - £99,9992.953.20
Balance £25,000 - £49,9992.803.05
Balance £10,000 - £24,9992.652.90
Balance £5,000 - £10,0002.152.40


Mini Cash ISA
Current RateNew Rate from 9 February
TiersBase Rate
3.75%		Base Rate
4.00%
3.75%4.00%


TESSA Only ISA
Current RateNew Rate from 9 February
TiersBase Rate
3.75%		Base Rate
4.00%
3.75%4.00%


TESSA Reserve
Current RateNew Rate from 9 February
TiersBase Rate
3.75%		Base Rate
4.00%
No minimum balance3.75%4.00%


Young Saver
Current RateNew Rate from 9 February
TiersBase Rate
3.75%		Base Rate
4.00%
No minimum balance3.35%3.60%

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Tel: 020 7672 1927