Savings Accounts - NatWest

Savings Accounts
Important Information

Important Information for Savers
To help you compare interest rates on our savings accounts, this leaflet details the
current rates and the rates we have paid on your account(s) during the previous
year, between 1 November 2009 and 31 October 2010. This will help you when
choosing the account that best suits your needs.
When we change our savings account rates, we will advertise our new rates in
three of the following newspapers: The Times, The Daily Mail, The Guardian,
The Financial Times, The Daily Telegraph, The Independent and The Daily Express.
Our rates will also be available on our website www.natwest.com/savings from
the close of business on the date of the change.
Contents
Interest Rates 3
Rates for Branch-Based Accounts 3
Rates for Non Branch-Based Savings Accounts 9
Rates for Superseded Accounts 10
For more information on our savings accounts
Visit your local branch
Call us on
0800 255 200
Minicom 0800 917 0526
Lines are open 8am – 8pm Monday to Friday, 9am – 6pm Saturday (except Bank Holidays)
Calls may be recorded.
Visit us at
natwest.com/savings
2

Interest Rates
Bank of England historical Base Rate changes.
Effective Date
Balance
Key Historical Rate Current Rate
05/03/2009
Base Rate % 0.50
Rates for Branch-Based Accounts
First Reserve – Instant access, interest paid quarterly.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1+ 0.10
Reward Reserve – Including conditional bonus.
Instant access, interest paid quarterly, minimum balance £2,000.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 - £1,999 0.10
£2,000 - £24,999 0.70
£25,000 - £49,999 0.75
£50,000 + 0.80
Quarterly rewards are payable provided the account balance does not fall below £2,000 for more than four days per
quarter and no more than one withdrawal is made in any quarter. Annual rewards are payable provided the account
balance does not fall below £2,000 for more than four days per year and no more than three withdrawals are made in
any calendar year. Should you close your account during a quarter or annual period, you will not receive any quarterly
or annual reward
Reward Reserve – Excluding conditional bonus.
Instant access, interest paid quarterly, minimum balance £2,000.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 - £1,999 0.10
£2,000 - £24,999 0.20
£25,000 - £49,999 0.25
£50,000 + 0.30
Reward Reserve – Bonus Reward.
24/07/09
Effective Date
AER %/
Gross p.a.
Quarterly Reward 0.25
Annual Reward 0.25
3

Advantage Reserve – Available to Advantage Gold and Advantage Private Customers.
Instant access, interest paid quarterly, minimum balance £2,000.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
£1 – £1,999 0.10
£2,000 – £24,999 0.50
£25,000 – £49,999 0.60
£50,000 – £99,999 0.65
£100,000 – £249,999 0.75
£250,000 + 0.90
Advantage Reserve Bonus Offer – Available to Advantage Gold and Advantage Private Customers.
Rates include a 1% bonus paid for 9 months for customers who opened an account between 20 April and 31July 2009.
Instant access, interest paid quarterly, minimum balance £2,000.
Effective Date
Balance
20/04/09
AER %/
Gross p.a.
£1 – £1,999 0.10/0.10
£2,000 – £24,999 1.26/1.50
£25,000 – £49,999 1.36/1.60
£50,000 – £99,999 1.41/1.65
£100,000 – £249,999 1.51/1.75
£250,000 + 1.66/1.90
Bonus interest will be calculated from the 15th day of the month after the month in which you open your account and
will be paid quarterly in addition to the standard interest payments.
Advantage Reserve Bonus Offer – Available to Advantage Gold and Advantage Private Customers.
Rates include a 1% bonus paid for 9 months for customers who opened an account between 12 July and 22 October 2010.
Instant access, interest paid quarterly, minimum balance £2,000.
Effective Date
Balance
12/07/10
AER %/
Gross p.a.
£1 – £1,999 0.10/0.10
£2,000 – £24,999 1.26/1.50
£25,000 – £49,999 1.36/1.60
£50,000 – £99,999 1.41/1.65
£100,000 – £249,999 1.51/1.75
£250,000 + 1.66/1.90
Bonus interest will be calculated from the 16th day of the month after the month in which you open your account and will
be paid quarterly in addition to the standard interest payments.
30 Day Bonus Reserve – Including conditional bonus.
30 days’ notice, interest paid annually, minimum balance £2,000.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 – £1,999 0.10
£2,000 – £99,999 0.75
£100,000 + 0.90
An annual bonus is paid at the end of March provided no more than four withdrawals are made during the year
(April to March). Should you close your account during the year, you will not receive any bonus interest for that year.
4

30 Day Bonus Reserve – Excluding conditional bonus.
30 days’ notice, interest paid annually, minimum balance £2,000.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 – £1,999 0.10
£2,000 – £99,999 0.25
£100,000 + 0.40
30 Day Bonus Reserve – Bonus Reward.
Effective Date 14/05/04
Gross p.a. %
Annual Reward 0.50
Cash ISA – Instant access, interest paid monthly.
Effective Date
Balance
04/09/09
AER %/
Gross p.a.
£1 – £8,999 0.50/0.50
£9,000 – £14,999 0.75/0.75
£15,000 – £21,999 0.95/0.95
£22,000 – £26,999 1.10/1.09
£27,000 – £49,999 1.75/1.74
£50,000 + 2.00/1.98
Cash ISA Bonus Offer – Rates include a 2.00% bonus paid for 12 months for customers who applied to transfer in
funds between 18 September and 09 November 2008. After bonus period, rates revert to the standard rates shown in
the first Cash ISA table.
Instant access, interest paid monthly.
Effective Date
Balance
04/09/09
AER %/
Gross p.a.
£1 – £8,999 2.53/2.50
£9,000 – £14,999 2.78/2.75
£15,000 – £21,999 2.99/2.95
£22,000 – £26,999 3.13/3.09
£27,000 – £49,999 3.80/3.74
£50,000 + 4.05/3.98
The bonus is for customers transferring in Cash ISA funds from another provider (excludes transfers within the
RBS Group) and is calculated on the whole balance in the account for 12 months from receipt of the Cash ISA transfer
request. The bonus interest will be paid monthly along with the standard interest payments.
5

Cash ISA Bonus Offer – Rates include a 1.76% bonus paid for 12 months for customers who applied to transfer in
funds between 10 November and 18 December 2008. After bonus period, rates revert to the standard rates shown in
the first Cash ISA table.
Instant access, interest paid monthly.
Effective Date
Balance
04/09/09
AER %/
Gross p.a
£1 – £8,999 2.28/2.26
£9,000 – £14,999 2.54/2.51
£15,000 – £21,999 2.74/2.71
£22,000 – £26,999 2.89/2.85
£27,000 – £49,999 3.56/3.50
£50,000 + 3.80/3.74
The bonus is for customers transferring in Cash ISA funds from another provider (excludes transfers within the
RBS Group) and is calculated on the whole balance in the account for 12 months from receipt of the Cash ISA transfer
request. The bonus interest will be paid monthly along with the standard interest payments.
Cash ISA Bonus Offer – Including bonus rate 0.5% Gross for 12 months for customers who applied to transfer in funds
between 01 February and 30 April 2010* OR for customers who saved their full 2010/2011 cash ISA allowance
(£5,100) by 30 April 2010**. After bonus period, rates revert to the standard rates shown in the first Cash ISA table.
Effective Date
Balance
01/02/10
AER%/
Gross p.a.
£1 – £8,999 1.00/1.00
£9,000 – £14,999 1.25/1.25
£15,000 – £21,999 1.45/1.45
£22,000 – £26,999 1.60/1.59
£27,000 – £49,999 2.25/2.24
£50,000 + 2.50/2.48
* Fixed rate bonus is for customers transferring in cash ISA funds from another provider (excludes transfers within the RBS
group) and the rate is applied from the date of receipt of the transfer form and will accrue 12 months from the date of
receipt of the transferred funds. Interest is calculated daily and applied on the whole balance for that month over a
period of 12 months. If you make any withdrawals during the 12 month period, the 0.5% gross p.a. bonus interest will
be applied to your reduced balance. The bonus interest will be paid monthly to the account along with the standard rate
of interest as detailed in this leaflet. Interest is paid tax free which means it is exempt from UK income tax. This offer is
not available to customers in conjunction with any other Cash ISA offer.
** A fixed rate bonus of 0.5% gross for 12 months, starting from 1 May 2010. This means your 2009/2010 and
2010/2011 contributions will receive a bonus of 0.5% gross which will be paid on 31 May 2011. Any other balances
you’ve saved in previous years will receive the standard underlying interest rate, as detailed in this leaflet. The bonus is
only payable to customers who saved their full 2010/2011 allowance by 30 April 2010. The bonus interest is
calculated daily, based on a maximum of £10,200 (£8,700 for customers who will not be 50 on or before 5 April
2010), from 1 May 2010 to 30 April 2011 and is payable in one lump sum on 31 May 2011. If you make any
withdrawals during the 12 month period, the 0.5% gross bonus interest will be applied to your reduced balance.
Interest is paid tax free which means it is exempt from UK income tax. This offer is not available to customers in
conjunction with any other Cash ISA offer.
First Home Saver – Instant access, interest paid annually.
Effective Date
Balance
02/01/09
AER %/
Gross p.a.
£1 + 1.00
6

Private Banking Savings Account – Available to Private Banking Customers.
Instant access, interest paid quarterly.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
£1 – £49,999 0.20
£50,000 – £99,999 0.25
£100,000 - £249,000 0.35
£250,000 + 0.50
Advantage Private Reserve – Including conditional bonus.***
Available to Advantage Private Customers.
Instant access, interest paid monthly, minimum balance £10,000.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
£1 – £9,999 0.10/0.10
£10,000 – £24,999 0.75/0.75
£25,000 – £49,999 0.85/0.85
£50,000 – £99,999 0.90/0.90
£100,000 – £249,999 1.00/1.00
£250,000 + 1.30/1.29
*** Bonus paid if no withdrawals are made and a minimum balance of £10,000 is maintained in your account during
that month.
Advantage Private Reserve – Excluding conditional bonus.
Available to Advantage Private Customers.
Instant access, interest paid monthly, minimum balance £10,000.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
£1 – £9,999 0.10
£10,000 – £24,999 0.50
£25,000 – £49,999 0.60
£50,000 – £99,999 0.65
£100,000 – £249,999 0.75
£250,000 + 1.04
Advantage Private Reserve – Bonus Reward.
Effective Date 18/02/08
Gross p.a. %
Monthly Reward 0.25
7

Advantage Private Reserve Bonus Offer – Rates include a 1% bonus paid for 9 months for customers who opened
an account between 20 April and 31 July 2009.
Instant access, interest paid monthly, minimum balance £10,000.
Available to Advantage Private Customers.
Effective Date
Balance
04/09/09
AER %/
Gross p.a.
£1 – £9,999 0.10/0.10
£10,000 – £24,999 1.51/1.75
£25,000 – £49,999 1.61/1.85
£50,000 – £99,999 1.66/1.90
£100,000 – £249,999 1.76/2.00
£250,000 + 2.06/2.29
The rates in the table above include an introductory conditional bonus equivalent to 1.00% gross p.a. (0.8% net p.a.)
and a conditional bonus equivalent to 0.25% gross p.a. (0.20% net p.a.). These bonuses are available on accounts
opened between 20 April 2009 and 10 July 2009. These bonuses are payable for the first nine months from account
opening where a minimum balance of £10,000 is maintained during this time.
Your bonus interest will be paid monthly for nine consecutive months (along with your standard interest payment)
starting on the 15th day of the month after the month in which you open your account.
Following the nine month period, a conditional bonus equivalent to 0.25% gross p.a. (0.20% net p.a.) will be payable
with your monthly interest provided you meet the conditions detailed under the table Advantage Private Reserve including
conditional bonus (on accounts opened before 20 April 2009 and after 10 July 2009). In any month where these
conditions are not met, the rates shown in the table Advantage Private Reserve (excluding conditional bonus) will apply.
Advantage Private Reserve Bonus Offer – Rates include a 1% bonus paid for 9 months for customers who opened
an account between 12 July and 22 October 2010.
Instant access, interest paid monthly, minimum balance £10,000.
Available to Advantage Private Customers.
Effective Date
Balance
12/07/10
AER %/
Gross p.a.
£1 – £9,999 0.10/0.10
£10,000 – £24,999 1.51/1.75
£25,000 – £49,999 1.61/1.85
£50,000 – £99,999 1.66/1.90
£100,000 – £249,999 1.76/2.00
£250,000 + 2.06/2.29
The rates in the table above include an introductory conditional bonus equivalent to 1.00% gross p.a. (0.8% net p.a.)
and a conditional bonus equivalent to 0.25% gross p.a. (0.20% net p.a.). These bonuses are available on accounts
opened between 12 July 2010 and 22 October 2010. These bonuses are payable for the first nine months from
account opening where a minimum balance of £10,000 is maintained during this time.
Your bonus interest will be paid monthly for nine consecutive months (along with your standard interest payment)
starting on the 16th day of the month after the month in which you open your account.
Following the nine month period, a conditional bonus equivalent to 0.25% gross p.a. (0.20% net p.a.) will be payable
with your monthly interest provided you meet the conditions detailed under the table Advantage Private Reserve including
conditional bonus (on accounts opened before 12 July 2010 and after 22 October 2010). In any month where these
conditions are not met, the rates shown in the table Advantage Private Reserve (excluding conditional bonus) will apply.
Young Saver – Instant access, interest paid quarterly.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
24/07/09
AER %/
Gross p.a.
£1 + 0.70 0.80
8

Rates for Non Branch-Based Savings Accounts
e-Savings – Instant access, interest paid monthly (excluding bonus).
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 + 1.00
e-Savings Bonus Offer – Rate includes a 2.10% bonus paid for 12 months for customers who opened an account
between 19 September 2008 and 01 January 2009. After the bonus period, rates revert to the standard rates shown in
the first e-Savings table.
Instant access, interest paid monthly.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 + 3.14/3.10
The bonus interest will be applied from the last business day of the month following the month in which your account is
opened. It will be paid on the last day of the month.
e-Savings Bonus Offer – Rate includes a 1.85% bonus paid for 12 months for customers who open an account from
29 September 2010. After the bonus period, rates revert to the standard rates shown in the first e-Savings table. This
is a limited offer and may be withdrawn at any time.
Instant access, interest paid monthly.
Effective Date
Balance
29/09/10
AER %/
Gross p.a.
£1 + 2.89/2.85
The bonus interest is earned from the 15th of the month following the month in which the account is opened.
Savings Direct – Instant access, interest paid monthly.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 + 0.10
e-ISA – Interest rates for customers who opened an account on or after 15 May 2009.
Instant access, interest paid monthly.
Effective Date
Balance
15/05/09
AER %/
Gross p.a.
04/09/09
AER %/
Gross p.a.
£1 – £9,999 2.25/2.23 2.00/1.98
£10,000 – £29,999 2.50/2.47 2.25/2.23
£30,000 + 2.50/2.47 2.50/2.47
e-ISA – Interest rates for customers who opened an account on or before 14 May 2009.
Instant access, interest paid monthly.
Effective Date
Balance
02/02/09
AER %/
Gross p.a.
11/12/09
AER %/
Gross p.a.
£1 – £9,999 3.25/3.20 2.75/2.72
£10,000 – £29,999 3.51/3.45 3.01/2.97
£30,000 + 3.51/3.45 3.26/3.21
9

Rates for Superseded Accounts
Accounts no longer available to new investors or no longer promoted
e-Savings Plus – Excluding conditional bonus.
Instant access, interest paid monthly.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 - £4,999 0.10/0.10
£5,000 + 0.50/0.50
e-Savings Plus – Including conditional bonus.
Effective Date
Balance
24/07/09
AER %/
Gross p.a.
£1 - £4,999 0.10/0.10
£5,000 + 2.75/2.72
Instant access, interest paid monthly.
The conditional bonus of 2.22% gross p.a is paid monthly if no withdrawals are made in that month and a balance
of £5,000 minimum is maintained.
Cash ISA Plus – Instant access, Interest paid monthly.
Effective Date
Balance
09/02/09
AER %/
Gross p.a.
11/12/09
AER %/
Gross p.a.
£1 + 3.51/3.45 3.01/2.97
Cash ISA Plus Bonus Offer – Rates include a 0.50% bonus paid for 12 months for Advantage Gold and Advantage
Private customers who opened an account between 09 February and 20 April 2009.
Instant access, interest paid monthly.
Effective Date
Balance
09/02/09
AER %/
Gross p.a.
11/12/09
AER %/
Gross p.a.
£1 + 4.02/3.95 3.53/3.47
The bonus will run for 12 months from 15 May 2009 and will be paid monthly along with the standard interest
payment. The bonus will cease if the Advantage account is closed.
Telephone Saver PLUS – Instant access, interest paid monthly.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
£1 - £24,999 0.10/0.10
£25,000 + 1.50/1.49
Telephone Saver PLUS Bonus Offer – Rates include a 1.22% bonus paid for 12 months for customers who opened
an account between 18 January and 01 February 2009 and maintain a minimum balance of £25,000.
Instant access, interest paid monthly.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
£1 - £24,999 0.10/0.10
£25,000 + 2.74/2.71
The bonus interest will be applied for 12 months from the day your account is opened. The bonus will be paid
monthly along with the standard interest payment.
10

Telephone Saver PLUS Bonus Offer – Rates include a 0.78% bonus paid for 12 months for customers who opened
an account between 02 February and 15 March 2009 and maintain a minimum balance of £25,000.
Instant access, interest paid monthly.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
£1 - £24,999 0.10/0.10
£25,000 + 2.29/2.27
The bonus interest will be applied for 12 months from the day your account is opened. The bonus will be paid
monthly along with the standard interest payment.
Special Reserve – Instant access, interest paid monthly.
Effective Date
Balance
24/06/05
AER %/
Gross p.a.
£1 + 0.10
Diamond Reserve – 30 days’ notice, interest paid monthly, minimum balance £2,000.
Effective Date
Balance
01/12/08
AER %/
Gross p.a.
£1 + 0.10
Cash ISA TESSA Funds – Instant access, interest paid monthly.
Effective Date
Balance
01/04/09
AER %/
Gross p.a.
£1 + 0.10
Combi Saver ‘Multi Index’ Issue 8***
Special Instant Access Savings Account – Instant access, interest paid monthly.
Effective Date
Balance
13/07/10
AER %/
Gross p.a.
on balances up to the same amount invested in the Fixed Term Deposit for the first six months from the start date 3.50/3.45
on balances over the amount invested in the Fixed Term Deposit for the first six months from start date and all
deposits after the first six months from the start date
0.50/0.50
Date of Launch: 26 April 2010
Issue Start Date: 13 July 2010
Combi Saver ‘Multi Index’ Issue 7***
Special Instant Access Savings Account – Instant access, interest paid monthly.
Effective Date
Balance
29/03/10
AER %/
Gross p.a.
on balances up to the same amount invested in the Fixed Term Deposit for the first six months from the start date 3.50/3.45
on balances over the amount invested in the Fixed Term Deposit for the first six months from start date and all
deposits after the first six months from the start date
0.50/0.50
Date of Launch: 11 January 2010
Issue Start Date: 29 March 2010
11

Combi Saver ‘Multi Index’ Issue 6***
Special Instant Access Savings Account – Instant access, interest paid monthly.
Effective Date
Balance
21/12/09
AER %/
Gross p.a.
on balances up to the same amount invested in the Fixed Term Deposit for the first six months from the start date 3.50/3.45
on balances over the amount invested in the Fixed Term Deposit for the first six months from start date and all
deposits after the first 6 months from the start date
0.50/0.50
Date of Launch: 26 October 2009
Issue Start Date: 21 December 2009
Combi Saver ‘Green Edition’ Issue 5***
Special Instant Access Savings Account – Instant access, interest paid monthly.
Effective Date
Balance
18/09/09
AER %/
Gross p.a.
on balances up to the same amount invested in the Fixed Term Deposit for the first six months from the start date 3.50/3.45
on balances over the amount invested in the Fixed Term Deposit for the first six months from start date and all
deposits after the first six months from the start date
0.50/0.50
Date of Launch: 3 July 2009
Issue Start Date: 18 September 2009
Combi Saver ‘Green Edition’ Issue 4***
Special Instant Access Savings Account – Instant access, interest paid monthly.
Effective Date
Balance
10/07/09
AER %/
Gross p.a.
on balances up to the same amount invested in the Fixed Term Deposit for the first six months from the start date 3.50/3.45
on balances over the amount invested in the Fixed Term Deposit for the first six months from start date and all
deposits after the first six months from the start date
0.50/0.50
Date of Launch: 11 May 2009
Issue Start Date: 10 July 2009
Combi Saver ‘Green Edition’ Issue 3***
Special Instant Access Savings Account – Instant access, interest paid monthly.
Effective Date
Balance
05/03/09
AER %/
Gross p.a.
on balances up to the same amount invested in the Fixed Term Deposit for the first six months from the start date 3.50/3.46
on balances over the amount invested in the Fixed Term Deposit for the first six months from start date and all
deposits after the first six months from the start date
1.00/1.00
Date of Launch: 7 January 2009
Issue Start Date: 5 March 2009
12

Combi Saver ‘Green Edition’ Issue 2***
Special Instant Access Savings Account – Instant access, interest paid monthly.
Effective Date
Balance
05/03/09
AER %/
Gross p.a.
on balances up to the same amount invested in the Fixed Term Deposit for the first 12 months from the start date 2.50/2.48
on balances over the amount invested in the Fixed Term Deposit for the first 12 months from start date and all
deposits after the first 12 months from the start date
0.50/0.50
Date of Launch: 27 October 2008
Issue Start Date: 22 December 2008
*** The Special Instant Access Savings Account is the instant access element of the Combi Saver ‘Multi Index/Green
Edition’ available periodically to Private Banking customers only. Interest rates are linked to Base Rate and will
change in line with any Base Rate increases or decreases.
13

Definitions
Gross is the interest paid before deduction of tax
Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year
Interest rates and tiers are subject to variation and are correct as at 31 October 2010
Tax-free interest means that interest payable is exempt from UK income tax
NatWest is a member of the Financial Services Compensation Scheme (FSCS). The Scheme can pay compensation to customers if they are
eligible and a regulated firm is unable to pay claims against it, usually if the firm stops trading or is insolvent. Compensation limits apply
depending on the type of claim. For deposits that are held in a bank or building society in the UK, the Scheme will cover up to the greater
of £50,000 or €50,000 per person. Deposits in all currencies are treated the same. Most retail consumers (this includes private individuals
and some small businesses) are eligible under the Scheme. For further information on the conditions governing compensation and details
on how to apply please refer to the FSCS at www.fscs.org.uk.
National Westminster Bank Plc. Registered Office: 135 Bishopsgate, London EC2M 3UR.
Registered number: 929027, England.
VAT Registration No. 243852752. Website www.natwest.com
Authorised and regulated by the Financial Services Authority No. 121878.
NSA1049S November 2010