NatWest Combi-Saver ‘Multi-Index’ 1 review

Published on 11 November 2010 by Raffick Marday

With this Combi – Saver ‘Multi- Index’ account, you can enjoy two- fold benefits, firstly based upon the performance of RBS Environmental Strategy Index, a Fixed Term deposit scheme with huge interest rates upon maturity, and secondly, a Special Instant Access Savings Account at an interest rate of 3% above the base rate for the first six months. This account is an incredibly structured deposit account which allows you to have complete advantage of the prospective interest which is linked ‘Environmental Strategy Index’ Issue 9 of the RBS. You can even access your money through this Special Instant Access Savings Account as and when you want according to your wish.

Combi – Saver ‘Multi- Index’ account is very flexible and meant for your convenience. And you can rest assure of the funds that are held for the fixed term. You will get back the entire amount along with the interest at the end of the fixed term. The minimum amount of deposit for the fixed term is £10,000 and there are no maximum limits. This money is fixed for 3.5 years and you cannot access this fund. The interest that you will receive at the end of the term or at the time of maturity as we can say will be based on the performance of RBS Environmental Strategy Index.

The structure of Combi – Saver ‘Multi- Index’ is so designed that on the Fixed Term deposit you can get a return back of your initial deposit but provided you keep the money undisturbed until the maturity date. And in the second phase i.e. the Special Instant Access Savings Account you are provided an interest rate which is 3% more than the base rate for the initial six months. Managing the account is also very easy, you can also enjoy the benefits of online and phone banking as well at your nearest NatWest branch.

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