NatWest Cash ISAs
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- Term: Easy Access *Up to three withdrawals can be made within each 12-month without affecting the interest rate. More than three withdrawals made within each 12-month period, a lower rate of 3.00% (variable) will be applied
- Invest From: £1
Mobile App only account. *Includes a bonus of 0.88% AER (variable) if account held for 12 months. Transfer in any ISAs you hold with other providers. Interest rates drop if more than three withdrawals per year. Covered by FSCS. Rate when you transfer in your existing ISA – 4.29% AER (variable). Rate for each 12-month period after your first 12 months – 4.29% AER (variable). Rate when balance drops below £100 or after your fourth annual withdrawal – 3.00% AER (variable). Must be UK resident and be aged 18 or older
- Term: Easy Access. *Up to three withdrawals can be made within each 12-month period from the date of opening without affecting the interest rate. More than three withdrawals made within each 12-month period, a lower rate of 0.75% (variable) will be applied
- Invest From: £500
Mobile App only account. *The Moneybox Cash ISA includes a 4.25% AER variable underlying rate and a bonus rate of 0.91% for the first 12 months. Up to three withdrawals can be made within each 12-month period from the date of opening without affecting the interest rate. Transfer in any ISAs you hold with other providers into a Moneybox Cash ISA, entirely in-app. Covered by FSCS. If more than three withdrawals made within each 12-month period, a lower rate of 0.75% (variable) will be applied for the rest of that 12-month period. The lower interest rate of 0.75% will also apply if the account balance dips below £500, automatically returning to the higher interest rate when the balance returns to £500 or more again. Must be UK resident and be aged 18 or older
- Term: Easy Access
- Invest From: £1,000
Interest paid annually. Unlimited deposits and withdrawals. ISA transfers also allowed in. Open and manage online. FSCS Protected. Must be UK resident and be aged 18 or older
- Term: Easy Access
- Invest From: £1
Interest can be paid monthly or annually. Flexible ISA – you can replace any cash you withdraw from your ISA within the same tax year without it counting towards your annual ISA allowance. Unlimited deposits and withdrawals. ISA transfers in allowed. FSCS Protected. Must be UK resident and aged 16 or older
- Term: Instant Access
- Invest From: £1
Low minimum deposit. Interest paid annually. Unlimited deposits and withdrawals. ISA transfers also allowed in. Open and manage online. FSCS Protected. Must be UK resident and be aged 18 or older
- Term: 1 Year
- Invest From: £100
Interest paid at maturity. ISA transfers also allowed in. Tax free interest. FSCS Protected. Must be UK resident and be aged 16 or older. No withdrawals permitted. Closure permitted with 60 days’ loss of interest
- Term: 1 Year
- Invest From: £100
Interest paid annually. ISA transfers also allowed in. Open online, in branch or by post. FSCS Protected. Must be UK resident and be aged 18 or older. Withdrawals permitted subject to 90 days lost interest
- Term: 1 Year, with option to make three free withdrawals
- Invest From: £1
Make up to three withdrawals during the 12-month term of this account. Tax free ISA account. Open with £1 or transfer in existing ISA funds. Invest up to £20,000 per tax year. Manage your account online. Interest paid at maturity. FSCS Protected. Must be UK resident and aged 16 or older. Make more than three withdrawals and the rate drops to 2.15% AER/gross p.a. (variable). Not available in branch
- Term: 2 Years
- Invest From: £100
Interest paid annually. ISA transfers also allowed in. Open online, in branch or by post. FSCS Protected. Must be UK resident and be aged 18 or older. Withdrawals permitted subject to 180 days lost interest
- Term: 3 Years
- Invest From: £100
Interest paid annually. ISA transfers also allowed in. Open online, in branch or by post. FSCS Protected. Must be UK resident and be aged 18 or older. Withdrawals permitted subject to 240 days lost interest
NatWest Cash ISAs
NatWest cash ISAs are much like savings accounts, except you do not have to pay tax on the interest you earn. Whether you’re looking to lock money away in return for a fixed rate of interest, or you want your money to be readily accessible, there is a range of NatWest cash ISAs available.
NatWest instant access ISAs
NatWest instant access ISAs let you take your money out when you need to, without penalty, while still offering attractive returns on your tax-efficient savings. You can also set up your own personal saving goals and watch your money grow, whether you’re trying to save for something specific, or just for the future. You can transfer in from other ISAs, and manage your account by phone, post, online, or in branch. If you’re looking for an account that doesn’t require you to lock your money away for a fixed period, then NatWest instant access ISAs might be right for you.
NatWest fixed rate ISAs
NatWest fixed rate ISAs allow you to get a fixed return on your savings, without paying any income tax on the interest. These accounts offer savers a choice of fixed terms, from one to three years, so you can choose how long to lock your money away for. You can transfer money from other cash ISAs if you don’t think you’re getting the best rate with your current provider.
Stocks and Shares ISA
If you are undecided on whether to go for a cash or stocks and shares ISA, a key consideration is interest rates.
If you want to tackle inflation and you are happy to lock your money away for 5-plus years, then you should seriously consider a stocks and shares ISA.
NatWest stocks and shares ISAs
NatWest also offers a range of investment ISAs to suit different investors, whether novice or experienced.
History
In 1968 two banks dating from the 19th century – National Provincial and Westminster Bank – merged to form National Westminster Bank. Together these banks could trace their history back down the centuries through a lineage of prestigious constituents, dating back to the 1650s. In the 1990s, the bank adopted its new title of NatWest, by which it is still known today.
Current information
In March 2000, The Royal Bank of Scotland Group completed the acquisition of NatWest in a £21 billion deal that was the largest take-over in British banking history. NatWest is now part of one of the world’s largest financial services groups.
Frequently Asked Questions
Are ISA accounts safe?
ISA accounts are authorised and regulated by the Financial Conduct Authority (FCA). This means that all ISA providers are covered by the Financial Services Compensation Scheme (FSCS) for up to £85,000 if they go out of business.
Please note that this may not apply to the underlying holdings within a Stocks and Shares ISA, and will not cover standard investment losses.
Can I have more than one index tracker fund ISA?
You can invest in more than one index tracker fund in your Stocks and Shares ISA account. You can also have more than one Stocks and Shares ISAs at once, but you cannot contribute to them both in the same tax year.
When does the ISA tax year run to?
The annual ISA allowance runs in line with the normal tax year, which is 6th April to 5th April the following year. Your ISA allowance will refresh on 6th April each year.
Can I transfer my Cash ISA into a Stocks and Shares ISA?
Yes, you can transfer from your Cash ISA to a Stocks and Shares ISA at any time. However, do check you won’t lose out by transferring, as some Fixed Rate Cash ISAs may charge a fee or void your interest if you surrender your policy before the fixed term has ended