Fixed Term Savings

Helping you plan with fixed rates over a fixed term

To apply you must be aged 16 years or over, resident in Channel Islands, Gibraltar, Isle of Man or the UK and hold a Cash Management account with us. Please read the Summary Box below which gives you key information about Fixed Term Savings.

Why choose Fixed Term Savings?

  • Know in advance how much your savings will earn, helping you save for the future
  • Choose a fixed term that suits you - from 6, 9 or 12 months
  • Start saving with balances from £5,000

In detail: Fixed Term Savings

What’s the interest rate?

The above interest rates are an indication only, please call us or visit your local branch for the latest rates. Interest rates may also vary depending on deposit term. Interest is calculated daily from the date of your deposit and will be paid on the maturity date. We also offer Fixed Term Multi-Currency Deposits in a variety of major currencies including US Dollars and Euro. 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.

Cash Management Account

When you apply for a Fixed Term Savings account you must already hold a Cash Management account or we’ll open one during your application so that we can pay any interest you’ve earned, along with you deposit, when the saving term comes to an end.

We may need to confirm your identity and/or proof of your residential address when opening your Cash Management account.

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 do I open and manage my account?

  • You must be aged 16 years or over to open an account
  • The minimum deposit is £5,000 or the currency equivalent (where a currency option is available)
  • You must already hold a Cash Management account or we will open one during your application for a Fixed term account
  • Accounts can be opened in branch or by telephone banking.
  • You can not 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’ll 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.

Can I withdraw or transfer money?

You can withdraw or transfer 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, by contacting telephone banking or asking in branch.


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).

Terms and fees

The following terms and fees apply to our Fixed Term Savings account.

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.

Ready to apply

In branch

Find your nearest NatWest International branch and arrange an appointment to apply for a Cash Management and Fixed Term Savings account.

Over the phone

Call us and we’ll help you apply for a Cash Management and Fixed Term Savings account. Lines are open Monday to Friday 9am to 5pm.