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

• 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.

As of 23rd June, the interest rate for Instant Saver will be reducing, following the Bank of England's decision to reduce the UK Base Rate to 0.10%.

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 contains details of the notice we'll give you.

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

• You must be aged 16 years or over, and have a current account with us (or apply for one at the same time as opening your savings account), to open a Premium Saver 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 and manage your account in online, in branch or by telephone banking.
• 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.

Yes, Premium Saver is an instant access savings account which means that you can withdraw, transfer or access your money at any time. However, if you make one or more withdrawals, you will not earn bonus interest on any applicable balance for that calendar month.

You can withdraw or transfer money:

• in branch
• online, by phone, or within the app.

Money can be transferred to any other account based in the UK, Channel Islands, Isle of Man or Gibraltar.

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 calling telephone banking or asking in branch.

• 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

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.