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NatWest boosts regular savings account with £10,000 prize draw

NatWest boosts regular savings account by putting £10,000 into prize draw for savers who pay in up to £150

The prize draw will pay out 10 £1,000 prizes

NatWest has boosted its regular savings account by introducing a prize draw of £10,000 to take place in July.

Savers opening its Digital Regular Saver this month and adding between £1 and £50 in April, May and June will qualify. 

There will be ten prizes of £1,000 each.

The account is designed to encourage NatWest and RBS current account holders with little or no savings to get money behind them. 

You can earn 3 per cent on the first £1,000 in the account and can take money out when you need to.

Last month, Yorkshire Building Society launched its Loyalty Regular Saver paying 3.5 per cent on between £10 and £500 a month.

The account is open to members who joined on or before January 1, 2020, but money can only be taken out once a year.

Savings accounts