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Natwest Digital Regular Saver £150 deposit limit

Hopefully this will be a quick question, but I can't seem to find the answer written on the internet anywhere

I have the aforementioned savings account which they only let you pay in £150 a month

I'm trying to work out whether anyone knows if you're allowed to make more than £150 in deposits if you've made a withdrawal that month, as long as the monthly net paying in don't exceed £150

On the website and terms they make references to both "deposits can't exceed £150" and "balance can't grow by more than £150" ... the former would mean you can only pay in £150 once in a month, but the latter suggests you can make as many deposits and withdrawals as you like - e.g. if you withdraw £1,000 earlier in the month you can deposit £1,150

Can anyone clear this up for me? Thank you

Comments

  • friolento
    friolento Posts: 2,535 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    You are limited to a maximum of £150 deposit a month, except for round-ups and rewards, which can be in addition


  • HillStreetBlues
    HillStreetBlues Posts: 6,240 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    edited 13 November 2024 at 12:16AM
    Shortly after opening a RS with RBS (same rules as NW) I withdrew £50 by mistake as transfer from wrong account. I ended up paying £200 in that month without any comeback.

    Let's Be Careful Out There
  • friolento
    friolento Posts: 2,535 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    You used to be able to pay in £5,000 in one go with no comeback until there was a comeback.
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