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Friday, October 24, 2008

NatWest launches a range of new savings accounts including a market leading cash ISA paying 7.32% AER

NatWest launches a range of new savings accounts including a market leading cash ISA paying 7.32% AER

Savers looking for market leading savings rates will be spoilt for choice with NatWest's new savings deals including a Cash ISA paying up to 7.32% AER, the launch of a new two-year fixed-rate bond paying 6.60% APR as well as enticing rates on the very popular e-savings account offering a bonus rate for 12 months.
New NatWest cash ISA

Customers wishing to transfer their cash ISA to NatWest will receive a bonus of 2% for 12 months. The following rates are offered on the total balance in the account:

Tier Gross %
Exc Bonus AER % (variable)
Exc Bonus Gross %
Inc Bonus AER %
Inc Bonus
£27,000+ 5.13% 5.25% 7.13% 7.32%
£18,000 - £26,999 4.98% 5.10% 6.98% 7.16%
£9,000 - £17,999 7.40% 4.80% 6.70% 6.87%
£1 - £8,999 4.51% 4.60% 6.51% 6.67%

Existing NW ISA customers who also have cash ISAs elsewhere can transfer these to NW to receive the above rates. The offer is available immediately.
NatWest's e-savings bonus

Anyone opening an E-Savings account will receive an additional bonus rate for 12 months.

This Internet-based account will attract the following rates:

Tier Gross %
Exc Bonus AER % (variable)
Exc Bonus Gross %
Inc Bonus AER %
Inc Bonus
£1+ 4.22% 4.30% 6.31% 6.50%

The NatWest E-Savings bonus offer is available immediately.

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