Personal
Savings
Limited Edition Saver

Switch to Royal Bank and unlock our Limited Edition Saver account

Take advantage of our fixed bonus interest on balances between £50,000 - £3,000,000 with no withdrawal restrictions when you switch your current account to Royal Bank. Eligibility criteria and T&Cs apply.

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Limited Edition Saver Open in new window

Balance examples Open in new window

How to get Switch & Save offer Open in new window

Switching FAQs Open in new window

Limited Edition Saver

An account that rewards bigger savings

Switch & Save with Royal Bank and benefit from a 12 month fixed bonus on balances between £50,000 and £3,000,000 with full access to your funds anytime.

Instant access so you can take money out whenever you need to, with no early withdrawal charges.
Interest paid monthly.
12 month term.

Interest rates

AER / Gross p.a. (variable)

4.00% / 3.93%

Balances between £100k - £3m (includes 2.25% / 2.23% (fixed) 12 month bonus)

3.25% / 3.20%

Balances between £50k - £99,999 (includes 1.50% / 1.49% (fixed) 12 month bonus)

1.06% / 1.05%

Balances up to £49,999

Limited Edition Saver

An account that rewards bigger savings

Switch & Save with Royal Bank and benefit from a 12 month fixed bonus on balances between £50,000 and £3,000,000 with full access to your funds anytime.

Instant access so you can take money out whenever you need to, with no early withdrawal charges.
Interest paid monthly.
12 month term.

Interest rates

AER / Gross p.a. (variable)

4.00% / 3.93%

Balances between £100k - £3m (includes 2.25% / 2.23% (fixed) 12 month bonus)

3.25% / 3.20%

Balances between £50k - £99,999 (includes 1.50% / 1.49% (fixed) 12 month bonus)

1.06% / 1.05%

Balances up to £49,999

Information Message

Interest is calculated daily and paid on the first business day of the month and at account closure. You’ll be able to see and access the interest in your account on the following day. During the 12 month term, if you have a balance of £50,000 and £3,000,000, you will earn the bonus interest rate in addition to the variable rate. If your balance drops below £50,000 at any time during the 12 month term, interest will be paid at the variable interest rate on a tiered basis. This means you’ll earn one rate on your entire account balance. The tiers are set out above. Interest is earned from the first payment made to the account.

What would the estimated balance be after 12 months based on a range of deposits?

Initial deposit amount

£1,000

£75,000

£150,000

Balance after 12 months

£1,010.55

£77,435.51

£156,002.35

Interest earned

£10.55

£2,435.51

£6,002.35

These are only examples and do not take into account your individual circumstances. They assume that no further deposits or withdrawals are made; there is no change to the interest rate; and any interest earned stays in the account.

How to get our Switch & Save offer

Apply online or via our mobile app to switch your current account held elsewhere into a Select, Reward, Premier Select or Premier Reward account by 6 January 2026.

Use the Current Account Switch Service and you could unlock our 12 month Limited Edition Saver account which offers fixed bonus interest rates on balances over £50,000.

Offer available to new or existing customers who do not hold a Royal Bank current account or savings account as of 18 November 2025.

1. Switch to us

Open a current account with us

Apply for a Select, Reward, Premier Select or Premier Reward account and switch your bank account to us using the Current Account Switch Service by 06 January.

Your switch to us must be completed by 21 January 2026.

Information Message

2. Switch complete

Wait to receive the offer email from us

Once your switch to us is complete, we'll send you an email with a link to open a Limited Edition Saver account. This will arrive between 02 December 2025 and 21 January 2026.

You'll have until 23 January 2026 to apply for a Limited Edition Saver via our mobile app.

Information Message

3. You're all set

Fund your account

Once you've opened your Limited Edition Saver and funded your account, you'll immediately start benefiting from the interest rates.

Information Message

Switch & Save offer T&Cs

Switch offer T&Cs (PDF, 166KB)

Limited Edition Saver account information sheet (PDF, 87KB)

Current Account Switch Guarantee (PDF, 39KB)

A Guide to Switching Current Accounts (PDF, 3MB)

Information Message

Premier and specific account eligibility criteria and conditions apply. Monthly account fees may apply. Offer T&Cs and restrictions apply. Offer can be withdrawn or amended at anytime due to limited availability. If you previously held a Royal Bank current account or savings account, you may still qualify, provided you did not hold one as of 18 November 2025. You are not eligible for this offer if you're switching a current account from NatWest Group (NatWest or Ulster Bank NI). Joint accounts are not eligible for this offer.

Ready to switch

Whether you’re a new or existing customer, it’s easy to switch bank accounts to us. Here’s how to get started, with or without a Royal Bank account.

Do you bank with us?

Pick a bank account

Simply choose an eligible account below and follow the instructions to start your application. You'll be able to request the switch during your application. If you're not sure which type of account is best for you, we can help you compare current account types.

Premier Select bank account

Get 24/7 support from Premier 24 and help to invest in your future.

Plus our Premier mobile app and all these membership benefits for free:

Eligible for our Switch & Save offer.
No monthly fee.
No non-Sterling transaction fee when you make a payment outside the UK or in a foreign currency. ATM withdrawal charges apply and local fees may apply.
Arranged overdraft with £500 interest-free buffer available (subject to status).

Information Message

Must be 18+ and a UK resident to apply. Premier eligibility criteria apply.

Overdraft: Representative APR: 20.1% (Variable). Other charges may apply.
How does our overdraft compare? A good way to compare the costs of borrowing products is by using the APR, which shows the cost of borrowing over a year.

Apply and switch to Premier Select Open in new window

Premier Reward bank account

Get 24/7 support from Premier 24 and help to invest in your future.

Plus our Premier mobile app and all these membership benefits that give back:

Eligible for our Switch & Save offer.
£2 monthly fee.
£9 a month back in Rewards for 2 Direct Debits - they need to be at least £4.50 each.
£1 a month in Rewards just for logging into our mobile app monthly.
Earn at least 1% at partner retailers when you use your Royal Bank debit card.

Information Message

Must be 18+, UK resident, and pay in £1,250 to an eligible Royal Bank account every month. T&Cs apply. Premier eligibility criteria apply.

Apply and switch to Premier Reward Open in new window

Everyday bank account

Our 5 star Defaqto rated day-to-day bank account

Eligible for our Switch & Save offer.
Access to our most popular, award-winning account.
Free of monthly fees.
Quick to set up and easy to use.

Information Message

Must be 18+ and a UK resident to apply.

Apply and switch to Select Open in new window

Reward bank account

The one that gets your money working for you

Eligible for our Switch & Save offer.
Get rewarded for everyday banking.
Earn Rewards for spending with our partners.
All this for only £2 a month.

Information Message

Must be 18+, UK resident, and pay in £1,250 to an eligible RBS account every month. T&Cs apply. To earn £5 a month back in rewards, you earn £4 in rewards a month back for 2 Direct Debits (at least £2 each) and an additional £1 a month back in rewards with one mobile app log in.

Apply and switch to Reward Open in new window

scan the QR code which opens the natwest app

Already have an account with us?

You'll need to either log in to the mobile app or Online Banking to start your application.

Mobile app:

If you're already using a device with the Royal Bank app, select the ‘Start your switch today' button below.

Using a desktop? Simply scan the QR code with your mobile device that has the Royal Bank app.

Once logged in, follow the steps below:

Select the current account you’d like to switch into.
Once selected, choose the ‘Switch my account’ option to apply.

You will need the most up to date version of the app, to make changes to your account.

Online Banking:

If you would prefer to use Online Banking, log in and click 'Account details' on the account you would like to switch into and select ‘Switch to Royal Bank’.

Start your switch today Open in new window

What is the Current Account Switch Service, and how does it work?

The Current Account Switch Service is an independent service that helps seamlessly move your bank account from one provider to another. It aims to make switching current accounts a smooth and reliable process, no matter which bank you are switching to and from.

What is the Switch Guarantee?

Banks signed up to the Current Account Switch Service offer a guarantee whenever you move accounts between them. So, when switching bank account, we promise:

Your balance and payments will be automatically redirected.
Any charges or interest will be refunded if something goes awry.
You can choose a date to officially switch your bank account.
Any future payments made to the old account will be redirected.

Current Account Switch Guarantee (PDF, 39KB)

What's included in the bank account switching process?

To reduce friction, we’ll transfer most of your banking commitments when you change a bank account with us. But it’s important to remember that not everything can be moved across.

Here are the main things that will redirect automatically:

Your existing account balance.

The list of your payees.

Ongoing Direct Debits and standing orders, such as utility bill payments.

Salary paid in by your employer.

Future payments made to the old account.

However, a bank account switch won’t automatically redirect the following:

Arranged overdrafts – you’ll need to speak to us first.
Regular debit card payments – those that come from your card rather than the account, such as streaming subscriptions.
Other banking products, such as savings accounts and loans.
Mobile payments.
Any third parties you’ve allowed to access your financial data.
Your transaction history.

What do you need to switch current account?

You’ll require a few key details before you can switch current accounts with Royal Bank. It’s useful to gather the following together:

Full name of your old bank.
Number and sort code for the old bank account you want to switch from.
Details of any existing debit cards.
Some official identification, plus proof of your address.

Frequently asked switching questions

Which accounts can I switch?

You can use the service to switch your current account from and to any of the participating banks and building societies. Joint accounts can be switched, as long as both parties agree to the switch and you are switching to another joint account. It is not possible to use the service to switch a joint account to a sole account.

We cannot switch savings accounts. Any other products you have with your old bank will not be moved at the same time. If you have an ISA with another provider you can transfer it to Royal Bank using our transfer process.

What happens to payments people send to my old account?

We will automatically redirect all incoming and outgoing payments to your new account. Each time a payment is redirected, an automatic message is sent back to the originator advising them of your new account details so they can update their records. Some organisations may contact you directly to confirm your details have changed. If you do not want your new details to be given to someone who sends a one-off payment, then please let us know.

Will I be able to use my old account during the switch?

Your old account will still be active and usable right up to and including Day 6. So, you can still pay with your card, and use online banking and mobile banking.

Just remember not to set up any new payments on your old account, as we can’t transfer new payments across.

What if I change my mind and want to cancel my switch?

You can't cancel a switch once the process has started. However, you can cancel your switch up to 7 days prior to your chosen start date, if you selected a future switch date when opening your account.

Can I switch when I am overdrawn?

You will need to agree any overdraft facilities you require with us. We may be able to provide facilities to help you pay off any existing overdraft you may have, subject to our normal lending criteria. If you do not come to an agreement with us you must make separate arrangements to repay your existing overdraft.

Do I have to close my old account and what happens to my Direct Debits?

If you complete a full switch with the Current Account Switch Service, your old bank will close your old account. This ensures that any payments made to your old account are automatically redirected to your new account with us.

Any Direct Debits should automatically move across to your new provider after switching bank accounts. This is part of the Current Account Switch Service and is designed to save you time and hassle. Standing orders should also transfer across automatically.

Direct Debits and Standing Orders won’t appear on your account until the first payment has been taken. If you want to check your Direct Debits or Standing Orders have successfully transferred over, you can chat to Cora our digital assistant, who will be able to help you check.

If you would like to keep your old account open then you are free to do so, but you won’t be able to request a full switch through the Current Account Switch Service with us, and you will not be covered by the Guarantee. Speak to your existing bank and they can help explain your options.

I've allowed third parties to access my financial data. Will this be switched too?

No, you’ll need to cancel and re-authorise these with your new account details. You would need to contact the third party providers directly to discuss setting up payments with us. If your old account is still open, your bank will be able to tell you which third parties you’ve given permission to make payments on your behalf, and/or access your financial data.

Not all Third Party Providers services are supported by all banks and building societies, so there’s a chance that the Third Party Providers on your old account may not be able to access your new account. Please check our terms and conditions for more information about Third Party Providers.

What will I need to complete my Switch application?

You will need to make sure your details are up to date with your old bank, for example, if you have moved house and not informed your old bank of your new address.

You will also need to declare all existing parties on your account and have details of any active debit cards held with your bank.

What if my old bank isn't part of the Current Account Switch Service?

Over 50 UK banks and building societies have signed-up to the Current Account Switch Service. You can check if your existing bank provider is a participant.

If your old bank has not signed up to the service, you won't be able to switch your account to us in the usual way, you can however move your payments such as your Direct Debits and Standing Orders manually. Check out our ways to switch support page for more information on what you can do.

Just to let you know, you won't be eligible for our switch incentives if your old bank isn't part of the Current Account Switch Service.

Switch & Save offer - FAQs

When will I receive my offer email to open a Limited Edition Saver account?

Once you have completed your full switch to us, you'll receive an email from us between 02 December 2025 and 21 January 2026.

If you haven't received your email once your switch to us has completed, please allow upto 14 days for it to arrive. If you've not received it within this time, please contact our Premier 24 team on 0333 202 3332.

You must have applied for a Limited Edition Saver account by 23 January 2026.

Are joint accounts eligible for this offer?

No, joint accounts are not eligible for this offer. You can only switch in to a sole account to qualify.