Natwest to offer new online savings account

Natwest is set to introduce a highly competitive bonus to its E-savings account, providing the best savings interest rates on the market for new customers.

The online market-leading product will pay customers an interest rate of 2.85 per cent for 12 months.

Natwest has revealed that the account can be opened online with a minimum deposit of £1, with instant access and no withdrawal charges or penalties.

Phil Sheehy, head of Natwest savings, said: "As part of our Helpful Banking pledge we are absolutely committed to providing great, straightforward savings accounts for our customers and this new offer gives a market-leading rate without the restrictions often associated with a high interest rate."

He added that online customers have the additional benefit of the bank's Savings Goal tool, which helps customers plan for their future savings needs and monitor their progress towards them.

Earlier this year Natwest released a customer charter aimed at making banking easier and helping customers and their communities.
 

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2010-09-28 12:47:17 © Moneyextra.com