Cash ISA

Why choose a Cash ISA?

Phone, post, in-branch and online – manage your ISA your way

Transfer-in previous ISAs – we make it easy to move your cash ISA or cash ISA-TESSA funds from other providers. If you already have a NatWest Cash ISA, download the ISA transfer form (PDF, 886k)

Save up to £3600 in a tax year - this is the limit for tax year 2008/2009, and the minimum balance is £1. The tax year runs from April 6 to April 5 the following year

No penalties – we won't charge you for withdrawing your money. However, if you decide to make a further deposit, remember that you can only deposit a maximum of £3600 over the entire tax year

Tax-free interest – paid directly into your account

Fast transfers – it's quick and easy to move money between your Cash ISA and your other NatWest accounts

Get the savings habit – we can set up a regular transfer from your other NatWest account; just remember the deposit limit of £3600 in a tax year

You will also need to hold or open an instant access account. We will use this account to hold your money if you accidentally put more than £3600 a year into your Cash ISA.

Not paid money into your Cash ISA for a year?

Download our re-activation form (PDF, 103k).
If you don't make any deposits during a tax year, UK regulations say that we have to lock your account. This form lets you pay money into our Cash ISA again. Simply take your completed form into your local branch.

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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.
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)

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