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Combi Saver 'Green Edition'
Choose the perfect combination with this exciting account
The Combi Saver ‘Green Edition’ Issue 3 is a structured deposit account that allows you to benefit from an attractive rate on your short term savings and take advantage of the potential growth in emerging ‘Green’ business sectors on your long term savings.
The Combi Saver is made up of two elements: a Special Instant Access Savings Account paying a guaranteed AER equal to 3% above Base Rate, and a Fixed Term Deposit with interest upon maturity linked to the performance of the RBS Green Index (the Index).
You can access your funds in the Special Instant Access Savings Account whenever you want and you are safe in the knowledge that funds held in the Fixed Term Deposit are fully protected as long as the account is held until maturity.
Key features
The first element - a Special Instant Access Savings Account
- Earn an attractive guaranteed AER equal to 3% above Base Rate in the first six months on balances up to the equivalent amount you choose to invest in the Fixed Term Deposit
- On balances over the chosen amount in the Fixed Term Deposit earn a guaranteed AER equal to 0.50% above Base Rate
- You’ll also receive this guaranteed rate on the entire balance for the rest of the term once the higher rate above has ended
- Manage this account online, over the telephone or at any NatWest branch
The second element - a Fixed Term Deposit
- Save between £5,000 and £25,000 per Fixed Term Deposit
- 3 year fixed term
- 85% of any growth in the RBS Green Index will be received as interest upon maturity
- Original capital is protected as long as the Fixed Term Deposit is held until maturity
Key dates
| Available until: | 20 February 2009 |
| Start date: | 5 March 2009 |
| Expiry date: | 5 March 2012 |
| Maturity payment date: | 7 March 2012 |
The Combi Saver 'Green Edition' is subject to availability and may close early if fully subscribed.
| Summary Box - Key Information for our Combi Saver 'Green Edition' | ||
| Account Name | Fixed Term Deposit | Special Instant Acess Savings Account |
| Interest Rate (AERs) | Linked to % of growth in the RBS Green Index (see above) | |
| Tax Status | Interest is paid after the deduction of 20% tax. Balances of £50k or more will have interest paid gross. | Interest is paid after the deduction of 20% tax. |
| Conditions for bonus payment | Not applicable | Not applicable |
| Withdrawal arrangements | Withdrawals are not permitted | Instant access |
| Access | Not applicable | Branch, Telephone or Internet |
Gross is the interest rate paid before the deduction of tax. Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
Please read brochure (pdf 439kb) and terms and conditions (pdf 190kb) for more information.
How to apply
Please contact your Relationship Manager or call 0845 30 50 600 minicom 0845 900 5961
Max call charge from a BT line is 4p per minute. Calls from other networks may vary. Calls may be recorded.
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Apply now
Please contact your relationship manager or Call
