30 Day Bonus Reserve 1 review

Published on 9 November 2010 by Raffick Marday

The 30 day bonus reserve is a way to earn a bonus if you limit your withdrawals. If you prefer not to dip into your savings, then this notice account gives you a bonus if you limit your withdrawals. You have to provide a notice of thirty days before making any withdrawal. Nevertheless, you can still have instant access to your account and money, the only condition being that you shall be charged the same as thirty days irrespective of the withdrawal you make.

What Are The Benefits Of 30 Day Bonus Reserve?

The NatWest 30 days bonus reserve comes with its own benefits. All you need to do is to limit your withdrawals and that too in thirty days notice. With this account, you get annual bonus of 0.50%. This is there if you do not make more than four withdrawals a year. You need to give a thirty days notice if you want to make a withdrawal. You get an instant and immediate access to your account. However, the only clause to this being that you will be charges the equivalent of thirty days interest. There is no maximum balance mentioned for you. Nevertheless, you need at least £ 2,000 to open an account. You develop the habit of savings. It is easy to set up a standing order into your savings account. You can manage the account whichever way you wish to. It is on your convenience whether you want to manage your account through telephone, in-branch or through the internet, that is, online banking.

The annual interest is paid at the end of March directly into your account, or another NatWest account you hold at the same branch. Transfers are very fast. That means, it is quick and easy to move money from your other NatWest accounts to your savings account.

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