Savings Builder

Grow your deposits with our regular savings account

Why choose a Savings Builder account?

  • Earn interest rates when you grow your savings by at least £50 per month
  • No minimum deposit to open your account
  • Instant access whenever you need your savings
  • Exclusively available to our current account customers

In detail: Savings Builder

What's the interest rate?

Interest is paid on the above tiers on a stepped basis which means you’ll earn a different rate on each portion of your balance within the above tiers. If, for example, you hold £11,000 in your account, and you have satisfied the regular saving condition, your interest rates for that monthly period will be: 1.50% on the first £10,000 and 0.01% on anything over £10,000. You can find details of the regular saving condition in the Additional information section. 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.

Can NatWest International change the interest rate?

Yes, the interest rate is variable. The rate may increase or decrease for any of the reasons set out in Term 10.3 of the Personal Banking Account Terms and Fees to account for the Bank of England's base rate changes or changes in the rates paid by other banks. If the rates are going down we'll give you at least 60 days' notice. If they are going up, we'll inform you before the change or shortly afterwards. Term 10.4 of the Personal Banking Account Terms and Fees contain details of the notice we'll give you.

How much interest could I earn?

£50 deposited every month: regular saving condition is met

£25 deposited every month: regular saving condition is not met

These are only examples and do not take into account your individual circumstances. They assume that no further deposits or withdrawals are made, that there is no change to interest rates and tiers, and any interest earned stays in the account.

Can I withdraw or transfer money?

Yes, Savings Builder is an instant access savings account means that you can withdraw or transfer your money at any time without giving notice.

You can withdraw or transfer money:

  • online
  • via telephone banking 
  • or the mobile app

There are daily limits on the amount you can transfer from your account online, by telephone or mobile banking. You can find out the current daily limits by contacting telephone banking or asking in branch. Charges vary depending on the amount and currency and how the payment is initiated. Please refer to our Personal Banking Account Terms and Fees Brochure for more detail.

However, if your withdrawal means that your overall balance has not increased by £50 on your previous balance amount recorded on the second-last business day of the previous month, you will not earn interest for that month.

Common questions


Annual Equivalent Rate (AER): This is a notional rate used for interest bearing accounts, which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.

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

p.a.: Per annum (per year).

Start Date: is the date on which your money is fixed.

Maturity Date: is the date on which your Deposit matures.

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.

How do I open and manage my account?

  • You must be aged 16 years or over to open an account.
  • You must already have a current account with us, or apply for a current account with us at the same time as opening your Savings Builder account.
  • You can only have one Savings Builder account in your sole name and only one Savings Builder account in joint names with another person.
  • You can open your account by contacting us.
  • No minimum deposit is needed to open the account; and there is no maximum balance limit.
  • Each month your balance must grow by at least £50 to earn interest. If your balance grows by less than £50 in any month, you will not earn interest.
  • Money can be managed online, via the app, or by telephone banking.

Residential requirements

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











Hong Kong





South Africa




United Arab Emirates

United Kingdom

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. Contact us to find out more.

Please review our important information

Our important documents give all the detail you need about our account and we recommend that you read them before contacting us.

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.

I'm resident in one of the following countries...
Austria, Bahrain, Belgium, Bermuda, Canada, China (foreign nationals only), Denmark, Finland, France, Hong Kong, Kuwait, Norway, Oman, Qatar, South Africa, Spain, Sweden, Switzerland, United Arab Emirates, United Kingdom or the United States of America
Will you be depositing £25,000 or more?

Start your application journey

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.

Are you intending to mandate your salary of at least £40,000 to us?

Start your application journey

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.

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.

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.