Reward Reserve

Extra rewards for fewer withdrawals

With Reward Reserve your savings can earn extra interest if you limit your withdrawals. It's easy to access your money if you need it, and you can open an account with £2,000 or more.



Quarterly interest reward - make no more than one withdrawal per quarter and provided the account balance does not fall below £2,000 for more than four days per quarter we'll give you an extra 0.25% gross interest

Annual interest reward - we'll add an extra 0.25% gross interest to your account if you make less than four withdrawals over a year

Tiered interest rates - earn more interest when you save more in your account

Easy access - you still have access to your funds if you really need them

Branch, online and phone - manage your account the way you want

Transfers - it's easy to move money between your other NatWest accounts and Reward Reserve

Apply today - start an account with £2,000, there's no maximum

Start saving regularly - set up a standing order and watch your savings grow.

Full copies of the interest rates and terms and conditions that apply to our savings accounts can be downloaded from our terms and conditions page.

Interest we pay you



Type of current accountAmount held in accountGross Rate %AER%
Reward Reserve (including all interest rewards)
 £50,000 +0.800.80
 £25,000 - £49,9990.750.75
 £2000 - £24,9990.700.70
 £0 - £1,9990.100.10

Interest paid quarterly and annually

Quarterly reward amount - 0.25% (gross per annum)
Quarterly interest rewards are payable provided the account balance does not fall below £2,000 for more than four days per quarter and no more than one withdrawal is made per quarter.

Annual reward amount - 0.25% (gross per annum)
Annual interest rewards are only payable (on a pro-rata basis) providing no more than three withdrawals are made in any one year. Should you close your account during a quarter or annual period, you would not receive any quarterly or annual reward for that period.

Reward Reserve (excluding all interest rewards)
 £50,000 +0.300.30
 £25,000 - £49,9990.250.25
 £2000 - £24,9990.200.20
 £0 - £1,9990.100.10
Interest paid quarterly
Updated: 24 July 2009

Common definitions

Throughout this page, you'll see various terms being used. Here's what they mean:

Annual Equivalent Rate (AER) - This is a notional rate used for interest bearing accounts, which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.

p.a. - per annum (per year).


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