Instant access savings account rates - NatWest

Savings goal holiday in the countryside

Instant access savings account rates

View our instant access savings account rates

Select the instant savings account you're looking for below to find your interest rate and any other details you need. 

 

Accordion

Icon expand Instant Saver

Current Interest Rates

Balance

AER/Gross p.a. (variable)

£1 + 0.01%

Interest paid monthly

 

Last updated 31 October 2016

Accordion

Icon expand Instant Saver

Previous Interest Rates

Balance AER/Gross p.a. (variable)
£1+
0.25%

Interest paid monthly

Last updated on 11 April 2016

Accordion

Icon expand Instant Saver

Previous Interest Rates

 

Balance

AER (Variable)

Gross Rate % p.a.

Net Rate % p.a.

£50,000 + 0.75% 0.75% 0.60%
£1 - £49,999 0.50% 0.50% 0.40%

Interest paid monthly

Last updated on 2 January 2015

Accounts no longer available to new customers

 

Accordion

Icon expand First Reserve

Current Interest Rates

Balance AER/Gross pa (variable)

£50,000 +

0.25%

£1 - £49,999

0.01%

Interest paid quarterly.

Last updated on 31 October 2016

Offset banking

When you include a First Reserve account in our Offset Service, the money in your account (and any offset current account)  is offset against your Offset Flexible Mortgage balance and is used to  reduce the  interest  paid  on your mortgage.

You will only start to receive interest on any money in your First Reserve account when your offset savings (and any offset current account) balance is more than your Offset Flexible Mortgage balance. Any interest payable will be calculated daily and paid monthly.

For more details on how interest is calculated and paid within an Offset arrangement please see Term 5 of Part A of the NatWest Personal Offset Banking Terms and conditions. Our Offset Banking page for more information.

If you remove your First Reserve account from the Offset arrangement interest will be calculated daily and paid quarterly on the first business day in January, April, July and October and at account closure. You’ll be able to see and access the interest in your account on the following day.

Accounts converted to Instant Saver on 2 January 2015 

 

Accordion

Icon expand 30 Day Bonus Reserve

Previous Interest Rates

 

Excluding bonus

 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£100,000+

0.40%

0.40%

0.32%

£2,000 - £99,999

0.25%

0.25%

0.20%

£1 - £1,999

0.10%

0.10%

0.08%


Interest paid annually.
Note: withdrawals require 30 day notice.
Last updated on: 24 Jul 2009.

 

 

Including a fixed bonus of 0.50% (gross per annum)

 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£100,000+

0.90%

0.90%

0.72%

£2,000 - £99,999

0.75%

0.75%

0.60%

£1 - £1,999

0.10%

0.10%

0.08%

Interest paid annually.
Annual bonus amount - 0.50% (fixed gross per annum).
Last updated on: 24 Jul 2009.

 

Accordion

Icon expand Advantage Private Reserve

Previous Interest Rates

Excluding 0.25% (variable) conditional bonus 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£250,000 +

1.04%

1.04%

0.83%

£100,000 - £249,999

0.75%

0.75%

0.60%

£50,000 - £99,999

0.65%

0.65%

0.52%

£25,000 - £49,999

0.60%

0.60%

0.48%

£10,000 - £24,999

0.50%

0.50%

0.40%

£1 - £9,999

0.10%

0.10%

0.08%

Note: Available to Black Account customers.
Interest paid monthly.
Last updated on: 1 Apr 2009.
 

 

Including 0.25% (variable) conditional bonus 

 
 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£250,000 +

1.30%

1.29%

1.03%

£100,000 - £249,999

1.00%

1.00%

0.80%

£50,000 - £99,999

0.90%

0.90%

0.72%

£25,000 - £49,999

0.85%

0.85%

0.68%

£10,000 - £24,999

0.75%

0.75%

0.60%

£1 - £9,999

0.10%

0.10%

0.08%


Interest paid monthly.

A conditional bonus equivalent to 0.25% gross p.a. (0.20% net p.a.) is payable with your monthly interest, if you do not make any withdrawals and maintain a minimum balance of £10,000 in your account during that month. 

Note: Available to Black Account customers.
Monthly bonus amount - 0.25% (gross per annum).
Last updated on: 12 Jul 2010.
 

 

Accordion

Icon expand Advantage Reserve

Previous Interest Rates

 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£250,000 +

0.90%

0.90%

0.72%

£100,000 - £249,999

0.75%

0.75%

0.60%

£50,000 - £99,999

0.65%

0.65%

0.52%

£25,000 - £49,999

0.60%

0.60%

0.48%

£2,000 - £24,999

0.50%

0.50%

0.40%

£1 - £1,999

0.10%

0.10%

0.08%

Interest paid quarterly.
Note: Available to Advantage Gold Account and Black Account customers only.
Last updated on: 1 Apr 2009.
 

 

Accordion

Icon expand Diamond Reserve

Previous Interest Rates

 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£1+

0.10%

0.10%

0.08%

Interest paid monthly.
Last updated on: 1 Dec 2008.

 

Accordion

Icon expand e-Savings

Previous Interest Rates

 

Balance

AER
(Variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£25,000+

0.75%

0.75%

0.60%

£1 - £24,999 0.50% 0.50% 0.40%

Interest paid monthly.
Note: Internet based account only.
Last updated on: 1 July 2014.

Accordion

Icon expand e-Savings Plus

Previous Interest Rates

 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£5000+

0.50%

0.50%

0.40%

£1+

0.10%

0.10%

0.08%

Note: Internet and telephone based account only
Last updated on: 24 Jul 2009.

Accordion

Icon expand First Home Saver

Previous Interest Rates

 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£1+

1.00%

1.00%

0.80%


Cashback

Amount

Cashback

Over £50,000

£5,000

Up to £50,000

£2,500

Up to £25,000

£1,000

Up to £10,000

£500

£500 to £5,000

£100

Interest paid annually
Last updated on: 2 Jan 2009

Cashback is paid provided the terms and conditions of the First Home Saver are met. The amount of cashback is based on the lowest savings balance in the 6 months before the mortgage is drawn down. It is exempt from tax as it falls within HM Revenue and Customs Statement of Practice SP4/97.

Accordion

Icon expand Instant Access Reserve

Previous Interest Rates

Account no longer available to new customers

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£3,000 +

0.50%

0.50%

0.40%

£1 - £2,999

0.20%

0.20%

0.16%

Interest paid quarterly.
Last updated on: 25 Jul 2009.

The Instant Access Reserve Account is not available on application. This is only available for roll off Regular Saver customers.

Accordion

Icon expand Private Banking Savings Account

Previous Interest Rates

 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£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.

Accordion

Icon expand Reward Reserve

Previous Interest Rates

Excluding all interest rewards

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£50,000 +

0.30%

0.30%

0.24%

£25,000 - £49,999

0.25%

0.25%

0.20%

£2,000 - £24,999

0.20%

0.20%

0.16%

£1 - £1,999

0.10%

0.10%

0.08%

Last updated on: 2 Jan 2009.
 

Including all interest rewards

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£50,000 +

0.80%

0.80%

0.64%

£25,000 - £49,999

0.75%

0.75%

0.60%

£2,000 - £24,999

0.70%

0.70%

0.56%

£1 - £1,999

0.10%

0.10%

0.08%

Interest paid quarterly and annually.
Last updated on: 24 Jul 2009.

Quarterly reward amount - 0.25% (variable gross per annum) 
Annual reward amount - 0.25% (variable gross per annum)

Accordion

Icon expand Savings Direct

Previous Interest Rates

 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£1+

0.10%

0.10%

0.08%

Interest paid monthly.
Note: Telephony, post and internet based account only
Last updated on: 24 Jul 2009.

Accordion

Icon expand Telephone Saver PLUS

Previous Interest Rates

Account no longer available to new customers
  

 
 

Balance

AER
(variable)

Gross Rate % p.a.
(variable)

Net Rate % p.a.

£25,000 +

1.50%

1.49%

1.19%

£1 - £24,999

0.10%

0.10%

0.08%

Last updated on: 1 Apr 2009.

Get in touch What's next?
Need help reaching your savings goal?
Set Tab for lightbox