Tell me moreRoyalties Saver
Instant access savings
Royalties Saver is an exclusive savings account for customers with Royalties Gold or Royalties Private current accounts.
Plus, benefit from an interest bonus equivalent to 2.00% gross p.a. for six months when you open a new account from 18 December 2008 and keep a minimum balance of £2,000 in your account during this time.
- Tiered interest rates - the more you save, the more interest you can earn. See the interest rates
- Interest is calculated daily and paid annually - Interest paid into your Royalties Saver or another named account
- Instant access - transfer your money instantly between RBS accounts and you're not charged for any withdrawals
- Start Saving from £2,000 - maximum balance of £1,000,000
- Regular Savings - a monthly Standing Order helps to build your savings
- Manage your money your way - bank online, by telephone and in-branch. Plus the option of a Cashline card for convenient access to your savings
| Amount | Gross Rate % | AER% (variable) | Net Rate% |
|---|---|---|---|
| Royalties Saver Account (Annual Interest) | |||
| £250,000 + | 1.85 | 1.85 | 1.48 |
| £100,000 - £249,999 | 1.75 | 1.75 | 1.40 |
| £50,000 - £99,999 | 1.65 | 1.65 | 1.32 |
| £25,000 - £49,999 | 1.55 | 1.55 | 1.24 |
| £2,000 - £24,999 | 1.35 | 1.35 | 1.08 |
| £0 - £1,999 | 0.10 | 0.10 | 0.08 |
We calculate interest on a daily basis. We add this interest to your account (or to another account held at the same branch) annually at the end of March. This account is only available to Royalties Gold, and Royalties Private account holders and those we invite to open an account. Last updated on 02 January 2009 | |||
| Royalties Saver Account (Annual Interest) with 2% Bonus | |||
| £250,000 + | 3.85 | 2.85 | 3.08 |
| £100,000 - £249,999 | 3.75 | 2.75 | 3.00 |
| £50,000 - £99,999 | 3.65 | 2.65 | 2.92 |
| £25,000 - £49,999 | 3.55 | 2.55 | 2.84 |
| £2,000 - £24,999 | 3.35 | 2.35 | 2.68 |
| £0 - £1,999 | 0.10 | 0.10 | 0.08 |
A bonus equivalent to 2.00% gross p.a. is payable for the first six months from account opening on accounts opened from 18 December 2008. The bonus is only applicable on minimum balances of £2,000 or more and will be paid in two instalments at the end of March 2009 and March 2010, along with the standard interest payment. AERs including conditional bonus have been calculated from the start date of the bonus. Offer may be withdrawn at any time. Last updated on 02 January 2009 | |||
Gross rate - is the interest rate paid before the deduction of tax.
Annual Equivalent Rate (AER) - illustrates what the interest rate would be if paid and compounded each year.
Net Rate - is the interest rate paid after deduction of tax.
New customers will be asked to provide proof of identity including verification of address.
System updates will mean that our internet and telephone banking services are unavailable for short periods in the early hours of the morning.
The Financial Services Compensation Scheme, set up under the Financial Services and Markets Act 2000, covers your account. For money held in a bank or building society in the UK the scheme will cover up to £50,000 of your claim. Most people who make deposits, including individuals and small firms, are covered. Deposits in all currencies are treated the same. For more information on the conditions of the scheme, please contact the FSCS at www.fscs.org.uk
- Apply online for this account
- Please also read our website terms and conditions which cover your use of this website