e-Savings

Why choose an e-Savings account?

£50 cashback - if you set up a new monthly standing order of £100 or more for at least a year (conditions apply). More info

Flat rate – the interest rate stays the same, no matter how much you save

No penalties – we don't charge you for withdrawing your money

Start saving with £1 - and there's no minimum balance

Monthly interest – paid directly into your account

Fast transfers – it's quick and easy to move money between e-Savings and your other NatWest accounts

Get the savings habit – we can set up a regular transfer from another NatWest account

£50 cashback with your savings

Start saving this summer and get £50 cashback after 12 months when you set up a new monthly standing order of £100 or more into almost any NatWest savings account for 12 months.

Savings £50 cashback offer terms and conditions:

• To benefit from the cash incentive, you will need to set up a standing order of a minimum of £100 a month between 7 July 2008 and 6 September 2008, to start no later than 4 October 2008, and keep this in place for 12 consecutive months.
• The value of the Standing Order can vary over the 12 months but must not fall below £100.
• Available to customers with the following accounts: e-Savings, First Reserve, Reward Reserve, Advantage Reserve, 30 Day Bonus Reserve, Young Saver, Private Banking Savings Account, Advantage Private Reserve and Savings Direct. Offer excludes Cash ISAs and Fixed Rate Bonds.
• Not available on NatWest savings accounts that have existing standing orders in place as at 4 July 2008.
• Only one cashback payment per person and per savings account. In the case of a joint account, only one cashback will be paid.
• We will pay £50 cash into your savings account within 1 month after 12 consecutive monthly payments of at least £100 have been made.
• You will lose the right to benefit from the offer if we deem that you have not used your account in accordance with the terms and conditions above.
• Offer subject to change and can be withdrawn at any time.

This page provides the current interest rates that apply to this account. We have a separate page for previous savings interest rates.

Full copies of the fees and rates, and terms and conditions that apply to our personal accounts can be downloaded for our terms and conditions page.

Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts which illustrates what the gross credit interest rate would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.

Gross Rate. This means the interest rate you are paid before the deduction of income tax.

Net Rate. This means the interest rate you are paid after the deduction of income tax.

Interest paid monthly.
Note: Internet based account only
Last updated on: 1 May 2008.

You can download terms and conditions for NatWest current accounts and savings accounts and information on fees and charges as PDFs.

We sometimes allow savings accounts to be operated in a way which enables the customer to give instructions for a withdrawal or other payment which cannot be met from the funds in the account. If this happens, we may apply charges to the account. Please read our leaflet Personal and Private Banking - A Guide to Fees and Interest which contains details of these charges.

NatWest Personal and Private Banking - Terms and Conditions (PDF File 302KB)

NatWest Personal and Private Banking - A Guide to Fees and Interest (PDF File 147KB)

NatWest Our Commitment to You (PDF File 235KB)

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