NatWest is a popular name on Britain’s high streets, offering a number of savings, credit and debit card options as well as other support such as mortgages. But although the name is a trusted one, many savers are looking for more - namely, a chance to grow their cash. Interest rates have tumbled within the last year and a half, making it difficult to get a decent return on one’s money.
However, the provider has offered its Digital Regular Saver option, which is available to current account holders.
It offers a three percent interest rate on savings up to £1,000 deposited into the account.
This, though, is not the only way for savers to potentially grow their finances with NatWest and its prize draw could be the best way to do so.
The bank’s prize draw is being made available to eligible NatWest customers, and it is worth checking to see if one could win big.
READ MORE: NatWest is offering 3% interest rate in leading savings account
But acts such as cash withdrawals, gambling transactions, money transfers and the purchase of foreign currency will not count.
Customers may also be able to enter the prize draw by writing to NatWest about the matter.
Those who are eligible should opt-in to the draw via the instructions they should receive in an email from the provider.
In total, across the NatWest Group, there are 16 prizes which are up for grabs.
The winners list, and reserve prize winners, are set to be drawn at random on August 9, 2021.
They can expect to be contacted either via email or by phone within 14 working days of the draw.
Different draws are taking place for credit and debit card users with NatWest, but both offer substantial prizes.
The top prize in each draw will offer one lucky winner £10,000.
There are also set to be a total of 15 runners-up prizes of £1,000 made available.
Aside from the prize draw, NatWest customers may still be intrigued by other savings options.
While the Digital Regular Saver is arguably the bank’s best offering, it also has other savings account.
Its Savings Builder offers an interest rate of 0.25 percent, while its Instant Saver has a 0.01 percent interest rate.
And for children, there is the First Saver account, allowing young people to start with just £1 and gain an interest rate of 0.35 percent.
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