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Access to your savings, whenever you need them

Instant Saver account

To apply you must be; aged 16+ and resident in one of our listed countries.

Why choose an Instant Saver account?

Start saving with a simple account that lets you move money in and out easily, while still earning interest.

  • Instant access to your savings when you need them
  • No minimum deposit
  • Manage your money 24/7 online or via the app

Summary Box

Account name: Instant Saver account

What is the interest rate?

The interest you earn depends on the amount you saved over the course of the year. Interest rates are variable and subject to change.
Balance
£1 – £49,999
£50,000 or over
AER p.a. (variable)
1.31%
1.36%
Gross p.a. (variable)
1.30%
1.35%
Interest is calculated daily and paid on the first business day of the month and at account closure. You'll be able to see and access the interest in your account on the following day. Interest is paid on a tiered basis which means you’ll earn one rate on your entire account balance. If, for example, you hold more than £50,000 in your account your interest rate will be 1.36% AER / 1.35% Gross p.a (variable) on your entire account balance.
Definitions explained

Can NatWest International change the interest rate?

Yes, the rate is variable. We can change rates for any of the reasons set out in section 10.3 of the Personal Banking Account Terms and Fees such as responding to a change in the Bank of England’s base rate.

If rates are going down, we’ll give you at least 60 days’ notice. If rates are going up, we’ll tell you before the change or at the earliest opportunity afterwards. For more details, please read section 10.4 of the Personal Banking Account Terms and Fees.

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

The amount you deposit into your account determines the interest you earn over the year. Refer to the table below for estimated interest.
Initial deposit amount
£1,000
£50,000
Balance after 12 months
£1,013.08
£50,679.19
Interest earned
£13.08
£679.19
These are only examples that do not take into account your individual circumstances. They assume that no further deposits or withdrawals are made, there is no change to interest rates; and any interest earned stays in the account.

Common questions

Additional information

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

Gross Rate: This means the interest rate you are paid without deduction of income tax.

p.a: Per annum (per year).

Compound interest: Compound interest is interest that is paid on your original savings deposit plus any interest you’ve already earned.

Ready to apply?

Before you apply, we've outlined the eligibility requirements for the account below, along with our terms and conditions to make sure it's the right account for you.

Eligibility requirements

To open an Instant Saver account you must be:
  • aged 16+ and
  • resident in one of our listed countries.

Residential requirements

Our International Banking service can help customers who are resident in the following countries:

Austria, Bahrain, Belgium, Bermuda, Canada, China (Expats only), Denmark, Finland, France, Hong Kong, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland, United Arab Emirates, United Kingdom (Non-domiciled only) or the United States of America.

Please note that not all of our products and services are available in all jurisdictions and some are available on a limited basis only due to local regulatory and legal requirements.

Please review our important information

Our important documents give all the detail you need about our account. If you carry on applying, it means you're happy with what's in these documents. Please take some time to review, print and/or save the important information.

Depositor Compensation Schemes

Under the scheme(s) customers are entitled to make only one claim per licensed entity regardless of the number of brands or trading names contained within that licensed entity and customers are entitled to make one claim only per licensed entity in the jurisdiction where the deposits are held.

Therefore as NatWest International brand is operated by RBS International it is not licensed in its own right. A person with a deposit in NatWest International and a deposit in RBS International would thus only be entitled to make one claim.

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.

Request a Call Back

Start your enquiry by completing our quick eligibility questions.

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I'm resident in one of the following countries...
Austria, Bahrain, Belgium, Bermuda, Canada, China (Expats only), Denmark, Finland, France, Hong Kong, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland, United Arab Emirates, United Kingdom (Non-domiciled only) or the United States of America
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Will you be depositing £25,000 or more?
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Please complete and submit our Call Back form and a member of our team will be in touch to talk about your International Banking needs.

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Are you intending to mandate your salary of at least £40,000 to us?
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Please complete and submit our Call Back form and a member of our team will be in touch to talk about your International Banking needs.

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We're sorry...

Unfortunately we are only able to offer products to customers who meet these eligibility requirements.

Should your circumstances change, please contact us.

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We're sorry...

Unfortunately due to legal and regulatory requirements, we are only able to offer products to customers resident in our listed countries.

Should your circumstances change, please contact us.

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