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Our simple, free instant access account

Instant Saver account

Why choose Instant Saver?

Instant access to your money when you need it

Start saving with just £1

Apply online in less than 5 minutes

Exclusively for our current account customers, aged 16 and over

Summary Box

Account name: Instant Saver

What is the interest rate?

Can NatWest change the interest rate?

Yes, these rates are variable. If the rates are going down and your balance is £100 or more, we'll give you at least 14 days' notice. If the rates are going down and your balance is less than £100, we'll inform you before the change or shortly afterwards. If the rates are going up, we'll inform you before the change or shortly afterwards. For more information, please see section 9.2 of the Savings Account Terms (PDF, 48 pages).

What would the estimated balance be after 12 months based on a range of deposits?

How do I open and manage my account?

  • You can open and manage your account on our mobile app, online, or in branch. You’ll of course be able to phone us too if you need help managing your account.
  • We will need your email address and mobile number to open your account.
  • No minimum deposit is required to open the account; no minimum deposit needs to be made on a regular basis; and there is no maximum balance limit. 

Your eligibility

You must be a UK resident aged 16 years or over.

You must already have a current account with us, or apply for a current account with us at the same time.

Can I withdraw money?

Get off to a fast start

Why not let us do the saving for you? Tell us you’d like a regular payment or an instant transfer to your new savings account in your application, and we’ll do it automatically for you – that’s one less thing to think about. It’s a great habit to start.

Definitions

AER: stands for Annual Equivalent Rate. It shows you what the rate would be if interest was paid and compounded each year. 

Gross: The interest rate you are paid without the deduction of UK income tax.

p.a.: per annum (per year).

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:

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.

All okay? You're nearly ready to start.

We need to do a few final checks with you. They'll only take a minute.

Is this account just for you, or is it a joint application?

Great. Let's get your application started.

Remember, to apply for an Instant Saver, you must:

Be a current account customer

Be aged 16 years or over and a UK resident

Enter your mobile number and email address when you apply so we can identify you safely and quickly online

Great. Let's get your application started.

Remember, to apply for an Instant Saver, you must:

Be a current account customer

Be aged 16 years or over and a UK resident

Enter your mobile number and email address when you apply so we can identify you safely and quickly online

Do you have an account number or sort code?

Is this account just for you, or is it a joint application?

Great. Let's get your application started.

Remember, to apply for an Instant Saver, you must:

Be a current account customer

Be aged 16 years or over and a UK resident

Enter your mobile number and email address when you apply so we can identify you safely and quickly online

Great. Let's get your application started.

Remember, to apply for an Instant Saver, you must:

Be a current account customer

Be aged 16 years or over and a UK resident

Enter your mobile number and email address when you apply so we can identify you safely and quickly online

Is this account just for you, or is it a joint application?

Great. Let's get your application started.

Remember, to apply for an Instant Saver, you must:

Be a current account customer

Be aged 16 years or over and a UK resident

Enter your mobile number and email address when you apply so we can identify you safely and quickly online

Great. Let's get your application started.

Remember, to apply for an Instant Saver, you must:

Be a current account customer

Be aged 16 years or over and a UK resident

Enter your mobile number and email address when you apply so we can identify you safely and quickly online