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 account | Amount held in account | Gross Rate % | AER% |
|---|---|---|---|
| Reward Reserve (including all interest rewards) | |||
| £50,000 + | 0.80 | 0.80 | |
| £25,000 - £49,999 | 0.75 | 0.75 | |
| £2000 - £24,999 | 0.70 | 0.70 | |
| £0 - £1,999 | 0.10 | 0.10 | |
| Interest paid quarterly and annually Quarterly reward amount - 0.25% (gross per annum) Annual reward amount - 0.25% (gross per annum) | |||
| Reward Reserve (excluding all interest rewards) | |||
| £50,000 + | 0.30 | 0.30 | |
| £25,000 - £49,999 | 0.25 | 0.25 | |
| £2000 - £24,999 | 0.20 | 0.20 | |
| £0 - £1,999 | 0.10 | 0.10 | |
| 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).
Apply now
Call us on
+44(0) 1534 282300
Lines are open: Mon to Fri 8.30am-5.30pm
(excluding public holidays).
Calls may be recorded
