Our fixed term, fixed rate savings account
NatWest's fixed term, fixed rate savings account
Can you set aside savings for at least a year or two? Our Fixed Term Savings Account gives you a guaranteed interest rate, so you know how much your money will grow.
- 1 year terms - earn 5.01% / 4.90% AER/Gross on balances between £1 - £99,999 or 5.12% / 5.00% AER/Gross on balances between £100,000 - £5,000,000
- 2 year terms - earn 5.12% / 5.00% AER/Gross on balances between £1 - £99,999 or 5.22% / 5.10% AER/Gross on balances between £100,000 - £5,000,000
- You can save between £1 - £5,000,000 per term.
Summary Box
Account name: Fixed Term Savings Account
What is the interest rate?
Can NatWest change the interest rate?
No, the interest rate is fixed. This means that the rate will not change between the date you open your account and the Maturity Date.
What would the estimated balance be at maturity based on a range of deposits?
How do I need to open and manage my NatWest fixed rate savings account?
Before you apply:
- You must be aged 16 years or over and a UK resident to open our fixed rate accounts.
- If you already have a current account with us, you can open a fixed savings account on our mobile app or online.
- If you don’t have a current account, you will need to open this first online or via our mobile app. You will need to register for Online Banking before you can get our mobile app.
- We’ll need your email address and mobile number to open your one-year or two-year savings account.
- Your balance at the Fixed Term Start Date must be at least £1.
- The maximum deposit is £5,000,000.
- We will send you a certificate of deposit within 14 days of the Fixed Term Start Date.
Key Dates 1 year
Key Dates 2 year
Definitions
Banking can be confusing sometimes. Here's what some of the words we use mean.
Get ready to apply
Before you apply, we need to check you're happy with a few things. And ask you a few questions up front. Then we can make your application as quick and simple as it can be.
First things first. Please take a look at the important legal info:
If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. Please take some time to review, print and/or save the important information.
How your information might be used
It’s important for you to understand how we use and share your information Please read this short summary before you continue with your application.