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Your Fixed Rate Bond

Your ? year Fixed Rate Bond with 0 interest is about to mature

Reinvesting your Fixed Rate Bond

You have a number of reinvestment options available which include:

Reinvest into a new Fixed Rate Bond

Save between £5,000 - £500,000 and leave it untouched for the term with our 1 and 2 year Fixed Rate Bond. You can change the term, whether interest is paid annually or monthly, the amount reinvested or the nominated current account or instant access savings accounts (excluding all cash ISA accounts) to which interest is paid.

Important information – please read if you decide to reinvest into a Fixed Rate Bond

  • Fixed Rate Bonds are available on a limited basis and may be withdrawn at any time.
  • You need to be aged 18 years or over and permanently resident in the UK for tax purposes.
  • Early closure may result in an early closure charge
  • At least 30 days prior to the maturity date, we will send you information on the options available to you at maturity including an Information Sheet for a new Bond issue.
  • At maturity date we will reinvest your initial deposit for you at the end of the term unless you tell us otherwise. Please see the Fixed Rate Bonds Information Sheet below for details of how this works.

Please ensure that you read the following:
Fixed Rate Bonds information sheet ( PDF File 107KB) NatWest Personal and Private Banking Savings Account Terms ( PDF File 938KB) Summary box information ( PDFFile 297KB)

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Do you want to reinvest your maturing bond?

My original Fixed Rate Bond

Amount £NaN

Term ? year

Interest Frequency 0

The new interest rate will be

NaN% AER
NaN% Gross pa

Please choose the term and interest frequency for your reinvestment.

Term, interest frequency and interest rate for your reinvestment
Select an optionTermInterest frequencyFixed Interest rate
1 YearMonthly1.15% AER/ 1.14% Gross pa
1 YearAnnually1.15% AER/ 1.15% Gross pa
2 YearMonthly1.35% AER/ 1.34% Gross pa
2 YearAnnually1.35% AER/ 1.35% Gross pa

Other changes

Customer Declaration

Your right to cancel

The cancellation period begins on the later of the following two dates:

  1. the date your account is opened;
  2. the first date on which you have received copies of:
    • Personal and Private Banking – Terms and Conditions; and
    • Personal and Private Banking – A Guide to Fees and Interest; and
    • any other documents containing contractual terms relating to your account, including Fixed Rate Bonds Information sheet.

Annual Equivalent Rate (AER)- this is a notional rate used for interest bearing accounts, which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts

Gross- this means the interest rate you are paid before the deduction of income tax

Early closure will result in an interest charge equivalent to:
90 days’ gross interest for our 1 year Fixed Rate Bond
180 days’ gross interest for our 2 year Fixed Rate Bond