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Earn bonus interest on savings between £25,000 - £1 million

Premium Saver

Why choose a Premium Saver account?

  • Earn a monthly bonus interest on savings between £25,000 - £1 million when you leave your balance untouched
  • Open your account online in 10 minutes
  • Exclusively available for our current account customers, aged 16 years and over
  • Top up your savings with Rounds Ups

In detail: Premium Saver

What's the interest rate?

No withdrawals made in month: bonus condition is met

Withdrawals made in month: bonus condition is not met

Interest is paid on a tiered basis which means you'll earn one rate on your entire account balance. If, for example, you hold £150,000 in your account and you have satisfied the bonus condition, your interest rate for that monthly bonus period will be 2.90% Gross p.a. on your entire account balance. You can find details of the bonus 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?

Estimated balance after 12 months, based on a range of deposits

No withdrawals made in any month: bonus condition is met

Estimated balance after 12 months based on a range of deposits
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 the interest rates; and any interest earned stays in the account.

£50 withdrawal made each month: bonus condition is not met

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 the interest rates; and any interest earned stays in the account.

How do I open and manage my account?

  • You must be aged 16 years or over to open an account.
  • You can only have one Premium Saver Account in your sole name, and only one Premium Saver Account in joint names with another person.
  • You can open your account in branch or online and manage your account in branch, online, by telephone and on the mobile app.
  • No minimum deposit is required to open the account; you do not need to pay money in on a regular basis; and there is no maximum balance limit.
  • However, to earn the bonus rate of interest in each monthly bonus period, your account balance must be between £25,000 - £1,000,000 and you must not make any withdrawals in that month.

Can I withdraw money?

Yes, Premium Saver is an instant access savings account which means that you can access your money at any time. However if you make one or more withdrawals in a monthly bonus period, you will not earn the bonus for that month and your interest rate will be lower for that period.

You can withdraw money:

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 on this website or by contacting telephone banking.

Common questions

Definitions

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).

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. If you're happy, we'll run through a few quick questions to make your application as easy as possible.

You can apply for a Premium Saver account if you are:

  • aged 16+, and
  • resident in the Channel Islands, Isle of Man or Gibraltar (you must be an existing customer with us if you are resident in Gibraltar), and
  • an existing NatWest International current account holder

Please review our important information

By clicking continue you’re confirming that you’ve been provided with, and have acknowledged our important documents. By proceeding with your application you also agree that you’ll receive your statements in a paperless format. We'll email you when your statements are ready to view in Online banking.

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.

Let's get started...

To speed up your application, we need to run through some quick questions with you. They'll only take a few minutes.

Where are you based?
Please tell us where you currently reside.
Do you already have a current account with us?
Only existing current account holders are eligible to apply for this account.
Do you use Online Banking?
If so, we'll pre-fill your application to save you time.
Is this account just for you, or is it a joint application?

Great, you're ready to go!

Just a heads up - we'll ask you to log in to your Online Banking at the next step.

Get your online application started by clicking 'Start your application' below. The full name you put on this form must exactly match the one on the photo ID you'll use to apply.

After you’ve finished your online application you’ll receive an email or secure inbox message within 2 working days asking you to:

  1. Complete our Customer Acceptance form, and;
  2. Upload your identity documents digitally.

Once we have everything, we’ll open your account and send your new account details to you within 5 working days.

Great, you're ready to go!

Just a heads up - we'll ask you to log in to your Online Banking at the next step.

Get your online application started by clicking 'Start your application' below. The full name you put on this form must exactly match the one on the photo ID you'll use to apply.

After you’ve finished your online application you’ll receive an email or secure inbox message within 2 working days asking you to:

  1. Complete our Customer Acceptance form, and;
  2. Upload your identity documents digitally.

Once we have everything, we’ll open your account and send your new account details to you within 5 working days.

Is this account just for you, or is it a joint application?

Great, you're ready to go!

Get your online application started by clicking 'Start your application' below. The full name you put on this form must exactly match the one on the photo ID you'll use to apply.

After you’ve finished your online application you’ll receive an email or secure inbox message within 2 working days asking you to:

  1. Complete our Customer Acceptance form, and;
  2. Upload your identity documents digitally.

Once we have everything, we’ll open your account and send your new account details to you within 5 working days.

Great, you're ready to go!

Get your online application started by clicking 'Start your application' below. The full name you put on this form must exactly match the one on the photo ID you'll use to apply.

After you’ve finished your online application you’ll receive an email or secure inbox message within 2 working days asking you to:

  1. Complete our Customer Acceptance form, and;
  2. Upload your identity documents digitally.

Once we have everything, we’ll open your account and send your new account details to you within 5 working days.

Applying for a Premium Saver account

We currently only accept applications from existing NatWest International current account customers.

You can view our current account range and apply online today.

Do you already have a current account with us?
Only existing current account holders are eligible to apply for this account.
Do you use Online Banking?
If so, we'll pre-fill your application to save you time.
Is this account just for you, or is it a joint application?

Great, you're ready to go!

Just a heads up - we'll ask you to log in to your Online Banking at the next step.

The first step in your application will be completed online. If approved, we’ll send you an application pack in the post within 18-21 working days.

The pack will contain an application form that you should read, sign and return along with any documents we need to confirm your:

  • address & identity
  • income

Once we have everything, we’ll open your account and send your new account details to you.

Great, you're ready to go!

Just a heads up - we'll ask you to log in to your Online Banking at the next step.

The first step in your application will be completed online. If approved, we’ll send you an application pack in the post within 18-21 working days.

The pack will contain an application form that you should read, sign and return along with any documents we need to confirm your:

  • address & identity
  • income

Once we have everything, we’ll open your account and send your new account details to you.

Is this account just for you, or is it a joint application?

Great, you're ready to go!

Your application will be completed online. Once approved, we’ll send you an application pack in the post within 18-21 working days.

Make sure the full name you put on this form exactly matches the one on the photo ID you’ll use to apply.

The pack will contain an application form that you should read, sign and return along with any documents we need to confirm your:

  • address & identity. 
  • income

Once we have everything, we’ll open your account and send your new account details to you.

Great, you're ready to go!

Your application will be completed online. Once approved, we’ll send you an application pack in the post within 18-21 working days.

Make sure the full name you put on this form exactly matches the one on the photo ID you’ll use to apply.

The pack will contain an application form that you should read, sign and return along with any documents we need to confirm your:

  • address & identity. 
  • income

Once we have everything, we’ll open your account and send your new account details to you.

Applying for a Premium Saver account

We currently only accept applications from existing NatWest International current account customers.

You can view our current account range and apply online today.

Applying for an account with us

This account is currently only available to applicants located in Jersey, Guernsey, Isle of Man or Gibraltar. 


Our International Personal Banking service is available to customers that meet our minimum age, residency, balance and/or deposit requirements.

Find out more about International Personal Banking