Advantage Reserve
Preferential rates for Advantage Gold and Advantage Private customers
Get the most from your Advantage Gold or Advantage Private account. Preferential, tiered rates – and cash machine withdrawals.
Why choose an Advantage Reserve account?
Preferential tiered interest rate – only for Advantage Gold and Advantage Private customers
Instant access – withdraw your funds if you need them
Phone, in-branch and online - manage your savings account your way
£2000 to open – with no maximum balance
Quarterly interest - paid directly into your account
Fast transfers – it's quick and easy to move money between Advantage Reserve and your other NatWest accounts
Get the savings habit – we can set up a regular transfer from another NatWest account
Cash machine withdrawals – with an optional cashcard you can get your money at cash machines showing the Solo logo
This page provides the current interest rates that apply to this account. We have a separate page for previous savings interest rates.
Full copies of the fees and rates, and terms and conditions that apply to our personal accounts can be downloaded for our terms and conditions page.
Current savings rates
| Balance | AER (variable) | Gross Rate | Net Rate |
|---|---|---|---|
| £250,000+ | 1.55% | 1.54% | 1.23% |
| £100,000 - £249,999 | 1.40% | 1.39% | 1.11% |
| £50,000 - £99,999 | 1.35% | 1.34% | 1.07% |
| £25,000 - £49,999 | 1.30% | 1.29% | 1.03% |
| £2,000 - £24,999 | 1.25% | 1.24% | 0.99% |
| £1 - £1,999 | 0.10% | 0.10% | 0.08% |
Interest paid quarterly.
Note: Available to Advantage Gold and Advantage Private customers only.
Last updated on: 2 Jan 2009.
Common definitions
Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts which illustrates what the gross credit interest rate would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.
Gross Rate. This means the interest rate you are paid before the deduction of income tax.
Net Rate. This means the interest rate you are paid after the deduction of income tax.
Important information
You can download terms and conditions for NatWest current accounts and savings accounts and information on fees and charges as PDFs.
We sometimes allow savings accounts to be operated in a way which enables the customer to give instructions for a withdrawal or other payment which cannot be met from the funds in the account. If this happens, we may apply charges to the account. Please read our leaflet Personal and Private Banking - A Guide to Fees and Interest which contains details of these charges.
NatWest Personal and Private Banking - Terms and Conditions (PDF File 302KB)
NatWest Personal and Private Banking - A Guide to Fees and Interest (PDF File 225KB)
You may need Adobe Reader to view some of these documents. Get Adobe Reader. Visit access.adobe.com.
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