NatWest is offering three percent interest rate on savings and chance to win £1,000 prize | Personal Finance | Finance

“We’ll give you at least 14 days’ notice if the rates are going down and your balance is £100 or more,” the NatWest website states.

“Otherwise we’ll tell you before or shortly after the change.”

The interest rate on balances over £1,000 drops substantially to 0.01 percent AER/gross pa (variable).

Lewis Broadie, NatWest’s Savings Expert said: “Since the launch of the Digital Regular Saver we have seen that once customers begin to save they develop a really good savings habit and with the added incentive of a chance to win £1,000 we hope to help even more customers kickstart a savings habit.”

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