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There are several strings attached to regular saver deals that can easily trip up unwary consumers. We explain how the accounts work and what savers need to know.
| UPDATED: 22:31, Fri, Feb 5, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. RBS, formally known as the Royal Bank of Scotland, is well-known for helping Britons organise their finances through a number of accounts. However, amid new...
| UPDATED: 16:57, Fri, Jan 29, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. RBS and sister bank NatWest are both offering customers this variable interest rate of three percent gross (3.04 percent AER per annum) via the Digital Reg...
This account is also only open to UK residents. Savers can have instant access, enabling them to withdraw the money at any time. There are limits to note within the rules, however. NatWest is a sister bank of the Royal Bank of Scotland (RBS) (Image: GETTY) READ MORE It's only possible to pay in a maximum of £50 into the account each calendar month. "There's no minimum deposit to open the account, however you'll need to set up a standing order from your NatWest current account of between £1 and £50 each calendar month into the account," the bank states. Should a person wish to put extra mon...