The account has been designed to provide a potential fixed rate return on the basis that the underlying index, either the FTSE 100 or S&P 500 or a combination of the two, remains equal to or above 85% of its initial level throughout the year.
NatWest is offering the account in two currencies – sterling or euro – and the minimum deposit is 10,000 – sterling or euro. The final date for applications is 23 November – for more details visit the NatWest IPB website.
Dave Isley, Head of NatWest IPB said: “For depositors looking for capital protection on their initial deposit and the potential to receive a number of fixed returns over a four and a half year period, the Select 85 deposit account could be the product for them.
“We have listened to our customers and know how important choice and flexibility is, which is why we are offering three Underlying Market options.”