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How to start saving with NatWest

Welcoming Sainsbury's savers

We're here to help you reach your savings goals

Life’s big moments could be easier to handle when you’ve got savings. You’ve already made a start with Sainsbury’s, and NatWest is here to help you keep going. Whatever your savings goal, we could have a savings or investment account to help you reach it.

Some of our savings accounts are just for NatWest current account customers. Not got a NatWest current account? Don't worry - we’ve still got some options for you. Take a look and see which savings account might be right for you.

Which savings accounts could I open straight away?

We've got two savings accounts you could open today, without needing to open a NatWest current account first. 

Fixed Rate ISA

Got a lump sum to start saving with? And don't want to touch your savings pot for a fixed term?

Use this fixed-interest savings account to:

  • Save for a fixed term of 1 or 2 years, with a minimum deposit of £1,000
  • Fix your savings interest rate, so you know the amount of interest you'll get paid
  • Get interest paid on your savings annually
  • Take advantage of your tax-free savings allowance

 

Interest rate

AER/Tax-free p.a. (fixed)

  • 4.25%  1 year term
  • 4.25%  2 year term
Information Message

Information Message

You must be 18 or over and a UK resident for tax purposes. You can only subscribe to one cash ISA with NatWest Bank in any tax year up to £20,000. Not eligible for Round Ups.

Fixed Term Savings

Put your money away for your future with our fixed term, fixed rate savings account.

Use this savings account to: 

  • Fix your interest rate on balances between £1 - £5,000,000, so you know how much interest you'll get paid
  • Get interest paid monthly on your savings, as well as at maturity
  • Choose a term that suits you - either 1 or 2 years

 

Interest Rate

AER/Gross p.a. (fixed)

  • 4.00% / 3.93%  1 year term on balances between £1 - £5,000,000
  • 4.00% / 3.93%  2 year term on balances between £1 - £5,000,000
Information Message

Information Message

You must be 16+ and a UK resident. Early closure charges may apply. Not eligible for Round Ups.

Our other NatWest savings accounts

Thinking about opening a NatWest current account? Here are the other savings account options you could choose from when you bank with us. You could also get access to our handy savings tools, like Round Ups and Savings Goal Tool, to help you boost your savings and hit your goals. 

Information Message

Round Ups is available to customers who have an eligible current account, an eligible instant access savings account and are registered for the NatWest Mobile App. Round Ups can only be made on debit card and contactless payments in Sterling. Specific account eligibility apply. App available to customers aged 11+ with compatible iOS and Android devices and a UK or international mobile number in specific countries.

No Cards Matched

Digital Regular Saver

Join over 1.3 million NatWest customers* who save every month with our regular savings account.

Use this savings account to:

Get into a habit of saving regularly

Build your savings pot in a way that suits you

Get a higher interest rate on balances up to £5,000

Have interest paid monthly on your savings

Plus, you top up with Round Ups and Rewards

*As at Sep 2024

Key info
  • Instant Access
  • Save between £1 - £150 a month
  • Apply online only in 5 minutes
Interest rate

AER/Gross p.a (variable)

5.25% / 5.13% on balances up to £5,000
1.00% / 1.00% on balances over £5,000

Exclusively for current account customers, aged 16 and over. UK residents only.

Cash ISA

Want to get tax-free interest and have instant access on your savings?

Use this savings account to:

Make the most of your tax-free savings allowance

Have instant access to your savings

Get interest paid monthly on your savings

Key info
  • Instant access
  • Tax-free interest on balances up to £20,000
  • Start with just £1
  • Apply online in 5 minutes
Interest rate

AER/ Tax free p.a. (variable)

1.15% / 1.14% Balances of £1 - £24,999
2.45% / 2.42% Balances of £25,000+

You must be 18 or over and a UK resident for tax purposes. You can only subscribe to one cash ISA with NatWest Bank in any tax year up to £20,000. Not eligible for Round Ups.

Flexible Saver 

Save on your terms with this instant access savings account - you can set aside what’s best for you.

Use this savings account to:

Save regularly, accessing your money anytime

Get interest paid monthly on your savings

Earn higher interest when saving  £25,000 and over

Top up your savings with Round Ups

 

Exclusively for current account customers, aged 16 and over.

 

At a glance: 

Instant access

Apply online in 5 minutes

Start with just £1

Interest rate

AER/Gross p.a (variable)

1.00% / 1.00% Balances up to £24,999
1.35% / 1.34% Balances between £25,000 and £99,999
1.60% / 1.59% Balances between £100,000-£249,999
2.10% / 2.08% Balances of £250,000 and over

Stocks & Shares ISA

Investments made simple

Use our investment account to:

Help you meet your long term financial goals 

Make the most of tax-efficient investing

Help protect your money from the effects of inflation

     

Key info
  • Start investing from £50
  • Invest up to £20,000 in the current tax year
  • Low fees so you keep more of any money you make
  • 5 investment funds available from defensive to adventurous
  • Managed by Coutts investment managers

The value of investments can fall as well as rise, and you may not get back the full amount you invest. Eligibility criteria, fees and charges apply.

First Saver

Our children's savings account, teaching children under-16 to save for their future.

Use this savings account to: 

Help children learn how to save

Earn interest on their pocket money

Top up with Round Ups

Key info
  • Instant access
  • Apply online in 5 minutes
  • This account is to be opened by a parent/guardian in trust for a child who is under 16 years old
Interest rate

AER/Gross p.a. (variable)

1.60% / 1.59% Balances of £1+

Eligibility criteria and conditions apply.

Want to find out more about our current accounts?

If you're thinking about opening a current account with us, we've got all the information you need to choose the one that could be right for you.

Manage your new NatWest account

Although there aren't any changes to how you use and access your Sainsbury's savings account just yet, you can take a look at your new NatWest savings terms document and information sheets.

Savings FAQs