Defined Access Saver

No, we don't offer a joint Defined Access Saver account. If you're interested in opening a joint savings account, click the link below for more information.

Learn more about joint savings accounts

At NatWest, there is no difference between instant access and easy access - they both mean you can access your money at any time.

However, the best easy access saving account or instant access account will be different for everyone. For example, you might want to compare interest rates, product features and any balance limits.

When funding your newly opened savings account, a limit of £99,999 per day applies. However, the following day you can quickly and easily transfer money to your savings account any time you like via our mobile app or online banking if you have them, or you can call us or visit us in branch. You can transfer between two of your own accounts as many times as you like (up to £99,999) per day. 

Your account is not meant for everyday payments. You can't set up standing orders or Direct Debits, have an arranged overdraft, or receive your salary, wage, pension, or benefit payments directly into your account.

If you already have a NatWest bank account, you could open our instant access savings accounts in as little as 24 hours. If you don't hold a current account with us, you'll need to open one, so the process can take a while longer. But everything should be ready within 10 working days.

There are a range of different savings accounts on the market that might offer a good interest rate. But these can go up and down, depending on the provider, your account terms, and the Bank of England base rate. 

When researching the best flexible saving account for your needs, it may also be worth comparing product features, eligibility requirements and digital tools.

If you decide to close your Defined Access Saver account with us, you can arrange to transfer any remaining funds to a different account before closure.

If you close or switch your current account with us in the future, you will only be able to withdraw money from your flexible savings account in branch.

Yes, you can withdraw money from your account any time. This account works best when you don't make regular withdrawals, as you earn a higher interest rate when you keep your withdrawals below 4 across the calendar year. If you withdraw money 4 or more times in a year, your interest rate will drop to a lower rate for the rest of the year, then automatically reset to the original rate on the 1st January.