New home? Wedding? Rainy day? Whatever you're saving for, we can help you get into the habit of putting away a bit of extra cash each month.
Here are some simple tips to help get you started.
New home? Wedding? Rainy day? Whatever you're saving for, we can help you get into the habit of putting away a bit of extra cash each month.
Here are some simple tips to help get you started.
01
Before you start to plan your saving, it's usually a good idea to review any existing debts first. Paying them off may help you save more in the long run, depending on any interest you pay on them
02
The best way to work out your budget is to look at your outgoings vs your incoming payments and work out how much you could realistically save each month.
Use our Budget Calculator to help plan your finances. Once you know where your money goes, it will be a lot easier to plan how much you could save.
03
Setting realistic savings goals will help you get in to the habit of saving. On average, customers save twice as much when they save towards a goal.
Whether you're saving towards a new home, maybe a wedding, or just a buffer for unexpected costs, it's great to set yourself a goal and date you'd like to hit it by.
Savings Goal Tool is a feature within our mobile app and Online Banking that helps you understand how much you need to save to reach your savings goal.
Eligibility criteria applies.
04
Get ahead of the game by setting up a standing order, allowing you to automatically move cash to your savings each month without having to remember to do it.
Lots of people find that setting up a standing order to move money into their savings, just after they receive their wage, a great strategy.
05
Head over to our savings page to help you find an account that best suits your needs, apply online within minutes and with just £1.
Eligibility criteria applies.
3% Gross/3.04% AER p.a. (variable) on balances up to £1,000
You must be a UK resident, aged 18 years or over and a NatWest current account holder.
You have until the 5th April to make the most of the 2020/2021 £20,000 ISA allowance. With our range of ISAs you could find one that suits your needs and start to make your savings work a little harder for you.
Get your skates on and give your savings a tax-efficient lift.
Specific eligibility and conditions apply to each ISA product.