Fixed Rate Savings | Fixed Term | NatWest International

Fixed Term savings

Helping you plan with fixed rates over a fixed term

Apply in branch or call us
How to apply Visit us in branch or call us

You can apply by visiting your nearest branch or by giving us a call. 

Find your nearest branch

Telephone Banking (Monday to Friday 7am - 7pm, Saturday 8am - 1pm, Sunday closed)

Jersey: 01534 282850
From abroad: +44 1534 282850

Guernsey: 01481 703860
From abroad: +44 1481 703860

Isle of Man: 01624 637190
From abroad: +44 1624 637190

Gibraltar: 200 77737 or 200 73200
From abroad: 00350 200 77737 or 00350 200 73200

To use Telephone Banking you must be enrolled for the service and have your PIN and password.

Calls may be recorded.

You must be aged 16 or over to open a Fixed Term account. Interest rates are an indication only, please call us or visit your local branch for the latest interest rates.

Why choose Fixed Term savings?

A fixed rate savings account for a fixed term, so you know in advance how much your savings will earn, helping you save for the future.

Start saving with balances from £5,000

Choose a fixed term that suits you - from 6, 9 or 12 months

Could be right for you if you won’t need access to your money within the next 6 to 12 months

Earn between 1.04% AER/Gross p.a. (variable) and 1.45% AER/Gross p.a. (variable), depending on the term you choose and how much you save

In Detail: Fixed Term savings

What interest rate could I expect?

Our interest rates are an indication only, this means that the rate quoted below is not guaranteed when you apply.

Please call us or visit your local branch for the latest rates.  

6 months

Balance Annual Equivalent Rate (AER) Gross p.a. (fixed)
£5,000 - £99,999 0.84% 0.84%
£100,000 - £249,999 0.89% 0.89%
£250,000 - £499,999 0.99% 0.99%
£500,000 - £749,999 1.09% 1.09%
£750,000 - £4,999,999 1.14% 1.14%

9 months

Balance Annual Equivalent Rate (AER) Gross p.a. (fixed)
£5,000 - £99,999 0.90% 0.90%
£100,000 - £249,999 1.00% 1.00%
£250,000 - £499,999 1.10% 1.10%
£500,000 - £749,999 1.20% 1.20%
£750,000 - £4,999,999 1.25% 1.25%

12 months

Balance Annual Equivalent Rate (AER) Gross p.a. (fixed)
£5,000 - £99,999 1.00% 1.00%
£100,000 - £249,999 1.10% 1.10%
£250,000 - £499,999 1.15% 1.15%
£500,000 - £749,999 1.25% 1.25%
£750,000 - £4,999,999 1.30% 1.30%
 
  • The above interest rates are an indication only, please call us or visit your local branch for the latest rates.
  • Interest rates may vary depending on deposit term.
  • Interest is calculated daily and paid at maturity.
  • We also offer Fixed Term Deposits in a variety of major currencies. Please call us or visit your local branch for details. Please note that interest rates for our Currency Fixed Term Deposits change daily, so will be provided on an indicative basis.
Can NatWest International change the interest rate?

No. The interest rate is fixed for the term of your deposit.

This means that the rate will not change between the Fixed Term Deposit Start Date and the Fixed Term Deposit Maturity Date.

How much interest could I earn?

12 months fixed example

Amount fixed at
start date
Balance at
maturity date
Interest earned
£5,000 £5,050 £50
£100,000 £101,100 £1,100
£250,000 £252,875 £2,875
£500,000 £506,250 £6,250
£750,000 £759,750 £9,750


This is only one example and does not take into account your individual circumstances. The example assumes that interest is paid into your Cash Management account.

Eligibility
  • You must be aged 16 years or over
  • You must already hold a Cash Management account or we will open one during your application for a Fixed term account
  • The minimum deposit is £5,000 or the currency equivalent (where a currency option is available)
How do I open and manage my account?

Accounts can be opened in branch or by phone.

You cannot add or withdraw money from your fixed rate savings account after the Start Date.

A deposit certificate will be sent to you within 14 working days confirming the details of your deposit.

You will need to open a Cash Management account for the payment of interest and to manage your Fixed Term Deposit.

On the Maturity Date, your deposit and any interest earned will be paid into your Cash Management account.

After the Maturity Date, if you no longer need the Cash Management account linked to your Fixed Term Deposit, please advise us in writing to close the account.

Is there a cost or account fee?

There is no monthly account fee for Fixed Term Savings or Cash Management accounts.

Can I withdraw or transfer money?

No. Early withdrawals or early closure before the Maturity Date of a Fixed Term Deposit are not permitted, except at the Bank's sole discretion.

Manage your Fixed Term savings Why do I have to open a Cash Management account?

You'll need to have a Cash Management account so that we can pay you any interest you have earned, as well as your deposit when your set period of time has come to the end of its’ term.

If you don’t have a Cash Management account, we will open one for you.


We might need to see...

  • Confirmation of identity
  • Proof of your residential address


We'll ask you for...

  • Your personal details (name, date of birth etc.)
  • The source of your funds & wealth
Definitions

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.

Gross
is the interest rate paid before the deduction of 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

Important information

We want to make sure that you have all the information you need before you open an account with us. So before you do, please take some time to read and save,download or print this information.   

Ready for the next step?

Apply in branch or call us
How to apply Visit us in branch or call us

You can apply by visiting your nearest branch or by giving us a call. 

Find your nearest branch

Telephone Banking (Monday to Friday 7am - 7pm, Saturday 8am - 1pm, Sunday closed)

Jersey: 01534 282850
From abroad: +44 1534 282850

Guernsey: 01481 703860
From abroad: +44 1481 703860

Isle of Man: 01624 637190
From abroad: +44 1624 637190

Gibraltar: 200 77737 or 200 73200
From abroad: 00350 200 77737 or 00350 200 73200

To use Telephone Banking you must be enrolled for the service and have your PIN and password.

Calls may be recorded.

Ready for the next step?
Apply in branch or call us
How to apply Visit us in branch or call us

You can apply by visiting your nearest branch or by giving us a call. 

Find your nearest branch

Telephone Banking (Monday to Friday 7am - 7pm, Saturday 8am - 1pm, Sunday closed)

Jersey: 01534 282850
From abroad: +44 1534 282850

Guernsey: 01481 703860
From abroad: +44 1481 703860

Isle of Man: 01624 637190
From abroad: +44 1624 637190

Gibraltar: 200 77737 or 200 73200
From abroad: 00350 200 77737 or 00350 200 73200

To use Telephone Banking you must be enrolled for the service and have your PIN and password.

Calls may be recorded.

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