e-Savings bonus rate
Make the most of your bonus
Good news. If you opened an e-Savings account between 19 September 2008 and 1 January 2009, you’re earning a bonus on your savings.
So although the standard rate is 1.00% AER (variable), your money earns the bonus rate of 3.14% AER (variable).
About your bonus
We pay your 2.10% bonus for a full 12 months. Your bonus started on the last day of the month after you opened your e-Savings account.
Move your other savings
How do your other savings accounts measure up to e-Savings? To take even greater advantage of your e-Savings bonus rate simply transfer money into your e-Savings– and there’s no limit to how much you save.
It’s easy to transfer money into your e-Savings account. Simply make a payment from an account held with another bank or building society to your e-Savings account or login to online banking to transfer from another NatWest account. And with e-Savings, there’s no penalty when you pay money in or make a withdrawal.
e-Savings rates
Excluding bonus
| Balance | AER (variable) | Gross Rate | Net Rate |
|---|---|---|---|
| £1+ | 1.00% | 1.00% | 0.80% |
Note: Internet based account only
Last updated on: 4 Mar 2010.
Including bonus
| Balance | AER (variable) | Gross Rate | Net Rate |
|---|---|---|---|
| £1+ | 3.14% | 3.10% | 2.48% |
Note: Internet based account only.
Last updated on: 24 Jul 2009.
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.
Apply now
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