Easy Access

NatWest Defined Access Saver Review

An easy access account from NatWest. It ranks 89th of 152 easy access accounts we track.

Variable rate

2.50%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

£3,000,000

Access

Instant

Interest paid

Monthly

NatWest is also paying up to £500 to switch your current account.

See the switch offer

Rate Tiers

3 or fewer withdrawals

2.50%AER

4+ withdrawals

1.04%AER

How It Stacks Up

Ranks 89th of 152

Easy access accounts we track

Below average
This account 2.50%
UK CPI (Aug 2026)
3.10%
Pays 0.60% less
Average easy access
2.83%
Pays 0.33% less
Best easy access
5.00%
Pays 2.50% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

A better-paying alternative

Tembo bank logo

Tembo

HomeSaver

4.55%

AER

  • Pays 2.05% more than this NatWest account
  • Instant access, open with £10
Compare Easy Access Accounts

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A Good Fit For

  • Pro: New and existing savers
  • Pro: Savers who want instant access
  • Pro: Savers who want a monthly income

Worth Weighing Up

  • Con: The rate is variable, so it can go down

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Estimated returns with NatWest's Easy Access

What you could earn with NatWest's Defined Access Saver.

Estimated interest

£1,000 saved

£25.00

At 2.5% AER

£5,000 saved

£125

At 2.5% AER

£10,000 saved

£250

At 2.5% AER

£3,000,000 saved

£75,000

At 2.5% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on NatWest Defined Access Saver

Jan WatermannCo-Founder, DepositScout

The NatWest Defined Access Saver pays 2.50%, which is below the easy access market leader at 5.00% by 2.50%, and sits below the market average, so this is not a rate I would recommend on its merits alone. It also falls 0.60% short of CPI inflation at 3.10%, meaning your money loses real value. The real catch is the withdrawal limit: make four or more withdrawals in a calendar year and the rate drops sharply to 1.04% until 1 January resets the count. If you want easy access, Tandem Bank's Instant Access Saver at 3.40% is worth a look instead.

2 alternatives to NatWest's Defined Access Saver

Same type of account, closest on rate.

Common questions about the Defined Access Saver

D

DepositScout Alerts

2 minutes ago

Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
View Best Rates
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