Reward Reserve
Earn extra savings rewards
Got £2000 or more to save? With Reward Reserve you can earn extra interest by limiting your withdrawals. Plus, it's easy to access your money if you need it.
Quarterly interest reward - you can earn an extra 0.25% gross interest if you make only one withdrawal per quarter and the account balance does not fall below £2,000 for more than four days during the period
Annual interest reward - make less than four withdrawals in a year, and we'll give you an extra 0.25% gross interest
Rewards for saving more - we pay you more interest when you save more with us
Instant access - your funds aren't locked away
Easy to manage - you can manage your account at your branch, online or over the phone
Transfers - it's quick and easy to move money between Reward Reserve and your other NatWest accounts
Easy to apply - start a Reward Reserve account with £2,000, and there's no maximum balance
Become a regular saver - 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 Last updated on: 24/07/09 | |||
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
Jersey
01534 282828
Guernsey
01481 703800
Isle of Man
01624 697900
Gibraltar
00350 200 77737
Lines are open: Mon to Fri 9.00am-5.00pm
(excluding public holidays).
Calls may be recorded
