24 Sep 2020
New savings account to kickstart savings habit
NatWest is launching a new savings account with one of the highest rates of interest to be introduced by a UK bank this year.
The new account is designed to help customers with little or no savings develop a savings habit. The Digital Regular Saver account offers a market leading interest rate of 3% (3% Gross/3.04% AER p.a. (variable) on the first £1000 saved with interest being paid monthly. 0.01% AER/Gross p.a.(variable) on any amount over £1000).
The account is more flexible too, allowing for withdrawals to be made without the need to close the account. Customers will be able to save between £1 to £50 a month and will need to set up a standing order at account opening.
Lewis Broadie, NatWest’s Savings Expert said: “During lockdown many of our customers started to save for the first time. We are introducing the new Digital Regular Saver to help our customers start and maintain a long-term savings habit which will help them to become more financially secure.”
The new Digital Regular Saver Account can be opened through the NatWest mobile app or online at www.natwest.com/savings
This article is for media use only and is not a financial promotion.
Exclusively for current account customers, aged 18 and over. UK residents only. Conditions apply.