Advantage Reserve
Preferential rates for Advantage Gold and Advantage Private customers
Get the most from your Advantage Gold or Advantage Private account. Preferential, tiered rates – and cash machine withdrawals.
Why choose an Advantage Reserve account?
Preferential tiered interest rate – only for Advantage Gold and Advantage Private customers
Instant access – withdraw your funds if you need them
Phone, in-branch and online - manage your savings account your way
£2000 to open – with no maximum balance
Quarterly interest - paid directly into your account
Fast transfers – it's quick and easy to move money between Advantage Reserve and your other NatWest accounts
Get the savings habit – we can set up a regular transfer from another NatWest account
Set up and track your own personal savings goals - through Online Banking
Cash machine withdrawals – with an optional debit card you can get your money at cash machines displaying the logo shown on your card
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.
Current savings rates
Excluding introductory bonus
| Balance | AER (variable) | Gross Rate | Net Rate |
|---|---|---|---|
| £250,000+ | 0.90% | 0.90% | 0.72% |
| £100,000 - £249,999 | 0.75% | 0.75% | 0.60% |
| £50,000 - £99,999 | 0.65% | 0.65% | 0.52% |
| £25,000 - £49,999 | 0.60% | 0.60% | 0.48% |
| £2,000 - £24,999 | 0.50% | 0.50% | 0.40% |
| £1 - £1,999 | 0.10% | 0.10% | 0.08% |
Interest paid quarterly.
Note: Available to Advantage Gold and Advantage Private customers only.
Last updated on: 1 Apr 2009.
Including introductory bonus
| Balance | AER (variable) | Gross Rate | Net Rate |
|---|---|---|---|
| £250,000+ | 1.66% | 1.90% | 1.52% |
| £100,000 - £249,999 | 1.51% | 1.75% | 1.40% |
| £50,000 - £99,999 | 1.41% | 1.65% | 1.32% |
| £25,000 - £49,999 | 1.36% | 1.60% | 1.28% |
| £2,000 - £24,999 | 1.26% | 1.50% | 1.20% |
| £1 - £1,999 | 0.10% | 0.10% | 0.08% |
Interest paid quarterly.
Note: Available to Advantage Gold and Advantage Private customers only.
A bonus equivalent to 1% gross p.a. is payable for the first 9 months from account opening on accounts opened between 12 July 2010 and 22 October 2010. Bonus interest will be calculated from the 16th day of the month after the month in which you open your account and will be paid quarterly in addition to the standard interest payments.
Last updated on: 12 Jul 2010.
Common definitions
Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts which illustrates what the interest would be if paid and compounded each year. 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.
Important information
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 330KB)
NatWest Personal and Private Banking - A Guide to Fees and Interest (PDF File 225KB)
You may need Adobe Reader to view some of these documents. Get Adobe Reader. Visit access.adobe.com.
Online banking: The easy way to manage your savings
Already manage your Advantage Gold or Advantage Private account online? With Advantage Reserve you can make transfers to and from you current account online - quickly and simply. It’s all about making the most of your money.
Open all hours
Why ruin your lunch hour? With online banking, you can sort your account anytime - at home or at work.
Set a savings goal
A new car, holiday or a deposit on your first home? Whatever you're planning for, it's easy to set a savings goal - and track exactly how you're doing.
Do more, do it faster
Check your latest transactions as soon as you log in. Search through transactions - going back up to seven years. Or simply check your interest rate. With online banking, it's easy.
Transfer money between your accounts
So you need to move money between your NatWest accounts? It's easy. Just use the 'Quick transfer' box - we'll take care of the rest.
Safe and sound
Our security includes fraud detection, Rapport software for your computer and an easy-to-use Card-Reader. So your money stays safe.
Seeing Advantage Reserve in online banking
Already bank online?
If you already bank online with NatWest you should automatically see your Advantage Reserve account once it has been fully opened.
Not yet signed up to online banking?
It’s easy. You’ll be given the opportunity to sign up when applying for an Advantage Reserve account.
Already have an Advantage Reserve account?
If you’ve already got an Advantage Reserve account, but not online banking, signing up is simple and you could get instant access. Sign up now if you already have an Advantage Reserve account.
Apply now
Call us on
0800 148 8325
Minicom
0800 917 0526
Lines are open: Mon to Fri 8am-8pm, Sat 9am-6pm
(excl. public holidays).
Calls may be recorded
