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Natwest enhances no notice offering

Natwest enhances no notice offering

Category: Savings

Updated: 30/09/2010
First Published: 29/09/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Natwest has increased the rate paid on its no notice account.

The E-Savings now pays 2.85% following a 1.85% bonus for 12 months.

A dramatic increase in rate, despite it being by way of the introduction of a large bonus, is excellent news for internet investors who prefer to bank with a high street name.

At 2.85% (2.89% AER) it is a market leading no notice account and should have widespread appeal.

Investors will need to ensure they carry out a review after 12 months when the rate will drop dramatically and is unlikely to remain competitive.

Five out of five Moneyfacts stars have been awarded.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.