Terms and Conditions: 4.20% AER/(4.12% Gross p.a.). NatWest's Fixed Term Savings Rates are 4.20% AER/(4.12% Gross p.a.) fixed for 1 year and 4.00% AER/(3.93% Gross p.a.) fixed for 2 years. Offer available until 5pm on 19th November 2025 for new customers and 24th November 2025 for existing customers. Please be aware that this offer can be withdrawn at any time due to limited availability. Interest paid monthly and on maturity. This account is for sole applicants only and cannot be opened in joint names. Minimum deposit £1. Maximum deposit £5,000,000.00. You can make additional payments or withdrawals from your account until 3:30pm on 2nd December 2025. After this date partial withdrawals are not allowed. If you want to make a withdrawal after this time and before the Maturity Date, you must close your account by giving 35 days’ written notice to your branch. Early Closure Charge may apply. The Early Closure Charge will be the lower of the amount of interest earned on your account or 90 days’ interest. Interest will automatically be paid into your Fixed Term Savings Account. You can choose to have interest paid into another Nominated Account. This must be a NatWest personal current or savings account with instant access (other than a cash ISA) held in your name at the same branch as your Fixed Term Savings Account. If interest is paid into your Nominated Account, you can access it the following day. You must be 16 or over and a UK resident. FSCS protected
Terms and Conditions: 4.20% AER/(4.12% Gross p.a.). Royal Bank of Scotland's Fixed Term Savings Rates are 4.20% AER/(4.12% Gross p.a.) fixed for 1 year and 4.00% AER/(3.93% Gross p.a.) fixed for 2 years. Offer available until 5pm on 19th November 2025 for new customers and 24th November 2025 for existing customers. Please be aware that this offer can be withdrawn at any time due to limited availability. Interest paid monthly and on maturity. This account is for sole applicants only and cannot be opened in joint names. Minimum deposit £1. Maximum deposit £5,000,000.00. You can make additional payments or withdrawals from your account until 3:30pm on 2nd December 2025. After this date partial withdrawals are not allowed. If you want to make a withdrawal after this time and before the Maturity Date, you must close your account by giving 35 days’ written notice to your branch. Early Closure Charge may apply. The Early Closure Charge will be the lower of the amount of interest earned on your account or 90 days’ interest. Interest will automatically be paid into your Fixed Term Savings Account. You can choose to have interest paid into another Nominated Account. This must be a NatWest personal current or savings account with instant access (other than a cash ISA) held in your name at the same branch as your Fixed Term Savings Account. If interest is paid into your Nominated Account, you can access it the following day. You must be 16 or over and a UK resident. FSCS protected
What is the best way to increase your return on your savings?Typically, it depends on how much money you have put aside in your savings. For smaller amounts, you could use a savings account; they usually have the most attractive interest rates.
It should be noted, as often with higher interest savings accounts, that the interest will drop significantly after the 12 month introductory period. Alternatively, they will have a maximum balance that you are permitted to have at one time and any money in your savings account above this limit will likely earn no interest at all.
You may want to explore your fixed rate bonds options. Fixed rate bonds offer a higher rate of interest in exchange for locking up your savings for a longer period of time. The majority of fixed rate bonds will be offered will run for either 1 year, 2 years, 3 years or 5 years. As a general rule, longer fixed rate bonds offer the highest interest.
Putting your savings into a fixed rate bond can help to counter the effects of inflation and ensure you do not lose money in real terms.
Why choose a RBS fixed rate bond?
RBS is one of the longest serving banks in the United Kingdom and the fixed rate bonds they currently have on offer have the following advantages:
One or two year fixed term
Minimum deposit of £5,000
Maximum deposit of £500,000
Make withdrawals or additional deposits up until a day before the fixed term starts
Make withdrawals during the fixed term with 35 days’ written notice
Interest is calculated daily
Interest is paid on the first business day in April and upon maturity
Interest can be paid into the bond, allowing your savings to grow faster
You can manage your account online, in branch or over the phone
