Natwest savings builder

chili1496

Just wondering why there is no mention of this savings account on the top savings accounts tab? seems a decent enough deal to me

Savings Builder

Great for regular savers, with a balance under £10,000

Grow your savings by £50 or more each month to earn up to 1.50% AER/Gross p.a. (variable)

eskbanker

It is mentioned, at https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/#easyaccess, but with caveats reflecting its unusual structure:

Got an RBS/NatWest current account? Get 1.5% on up to £10,000 – but there’s a catch
These RBS and NatWest accounts pay 1.5% AER variable on savings up to £10,000 and allow unlimited withdrawals. But crucially you only get the interest if you increase the balance by £50 every month. So if you take money out, you have to put the same amount plus £50 back in within the same month – otherwise you lose that month’s interest.

george4064

There is also a thread on this account which might be useful to read: https://forums.moneysavingexpert.com/discussion/5800316/natwest-savings-builder/p1