Private Banking Savings Account
Earn a higher return as a Private Banking customer
Exceptional service is only part of Private Banking’s appeal. Attractive interest rates complete the picture.
Why sacrifice convenience? With our Private Banking Savings account, you can manage your account in branch, over the telephone or through the internet.
- Private Banking only - this account is only available to Private Banking customers
- Instant access - get your money when you want it
- Save your way - make deposits and withdrawals online, over the telephone and in any NatWest branch
- Tiered rates - the more you put into your account, the higher the rate
- No minimum amount - and no maximum limit either
- Optional debit card
- Set up and track your own personal savings goals - through Online Banking
Current savings rates
| Balance | AER (variable) | Gross Rate | Net Rate |
|---|---|---|---|
| £250,000+ | 0.50% | 0.50% | 0.40% |
| £100,000 - £249,999 | 0.35% | 0.35% | 0.28% |
| £50,000 - £99,999 | 0.25% | 0.25% | 0.20% |
| £25,000 - £49,999 | 0.20% | 0.20% | 0.16% |
| £5,000 - £24,999 | 0.20% | 0.20% | 0.16% |
| £1 - £4,999 | 0.20% | 0.20% | 0.16% |
Interest paid quarterly.
Last updated on: 1 Apr 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.
Get in touch
0800 015 1617*
*Minicom 0845 900 5961.
Max call charge from a BT landline is 8p plus 4p per minute. Calls from other networks may vary. Calls may be recorded.