Natwest are offing £500 cashback when you transfer your existing ISA or PEP from your current provider to Natwest and use your full years allowance. 2007/2008 ISA allowance is currently £3000

As with all offers, there are terms and conditions so make sure you read them carefully before committing to switch your ISA. Natwest are reguslated by the FSA so you’ve got somebackup if you need it

About Natwest ISAs

The Natwest e-ISA offers an interest rate of 5.75% AER and as its an ISA, you don;t pay any tax! The ‘e’ in eISA means you get easy online access so no waiting around for the post to arrive. A few more details….

* guaranteed AER to match or be better the BoE Base rate until at least July 2009
* start investing with between £1 and £3,000
* add up to £3000 each tax year
* monthly interest payments
it only takes 10 minutes to apply online

The NatWest Mini Cash ISA can earn you up to 5.75% AER depending on the total amount of cash in your ISA. As with all ISAs you won’t pay any income tax on the interest, so the lovely people at HMRC will have to stay away. The 5.75% AER rate applies to balances over £27,000 so it will take a while to rack up that total, but you can switch your Mini Cash ISA over from another provider and get that rate from day one! If you’re starting from scratch, you can still get a tax free interest rate of 5.1% AER. A few more details….

  • rates from 5.10% AER to 5.75% AER
  • tax-free interest from day one
  • start investing with between £1 and £3,000
  • add up to £3,000 each tax year
  • manage your account online, by phone, or in branch
  • Visit www.natwest.com/express2

If you want to switch your ISA to Natwest, they have a ‘hassle free’ transfer service to get things moving. Visit www.natwest.com/express3 for more information on the Natwest ISA offers. As with all financial transactions, read the small print and get independent advice if you’re unsure. Rates correct when this article was written (26 Feb 2008) Visit Visit www.natwest.com/express1 for more information on the rates

This review was posted on Monday, March 3rd, 2008 and the offer details may have changed or ended since writing or updating. Check the company website for up to date information on offers.

Related posts:

  1. HSBC Plus Offer When you open a new Green HSBC Plus account online,...