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Instant Access Savings
Grow new revenue streams with interest-bearing savings accounts
Interest-bearing savings account tailored to your customer experience
NatWest Boxed Instant Access Savings offers consumer brands a direct route to build new revenue streams. With branded savings accounts, build a complementary financial services business unit, providing your customers with better access, choice and confidence.
Your customers can benefit from leading savings rates and the flexibility to access their money instantly, whenever they need.
Key features
Instant access
Customers can top-up and withdraw their money instantly, at any point, offering greater flexibility.
Competitive interest rate
Customers benefit from market leading savings rates, encouraging them to save more.
Streamlined onboarding
With our automated decisioning and streamlined onboarding, we can enable instant access account opening.
Guarantee protection
Offer your customers peace of mind with deposits protected by the Financial Services Compensation Scheme (FSCS).
Business benefits
Grow your revenues
Add a new revenue stream on top of your existing business by earning interest on your customer’s deposits while they save.
Increase your engagement
Engage with your customers at more touchpoints, expanding your market offer to grow wallet share and win new customers looking to save.
Unlock future opportunities
Establish the foundations of embedded finance, offering a range of financial solutions as you grow such as Save Now, Buy Later, Unsecured Personal Loans and POS Lending.
Customer benefits
Easy to use, easy to choose
Provide simple, frictionless and end-to-end customer experiences. Peace of mind and easy decision making from a trusted bank brand.
Encourage savings
Drive sustainable behaviours with competitive interest rates. Paying with savings often drives better customer outcomes than relying on debt.
Instant access at any time
Allow customers to start earning interest instantly and access their money in seconds, thanks to Faster Payments access.
Making frictionless finance a reality
Open account
Customer logs in to newly opened savings account
Transfer money
Customer uses account details to initiate a bank transfer from their linked account
Grow deposits
Deposits grow over time and your customer earns interest on balance
Withdraw money
Customer can withdraw money into their linked bank account whenever they like, with no limitations
Featured use cases
Savings products have the ability to fit into a wide range of business models and customer journeys. Here are some examples:
Insurance
Insurance firms can incentivise high earners to save towards emergencies whilst also having an insurance policy to cover unexpected events.
Utilities
Utilities suppliers, such as electricity and gas providers, can leverage the loyalty of their customers to encourage them to save whilst earning interest instantly on all deposits.
Grocery
Grocers can leverage the trust of their everyday customers to provide easy access to financial services. Customers can start saving from as little as possible with no minimum deposit requirements.
Why Boxed for Instant Access Savings?
Trusted
Boxed is powered by the balance sheet of NatWest, a tier one global bank. We offer your customers peace of mind with deposits protected by the FSCS.
Fast
Move faster and own your customer experience through a customisable own brand savings account.
Complete
Our full-service provision extends into compliance, operational and logistical fulfilment for your customers, all backed by decades of banking expertise.
Flexibility
Our savings products can be configured to different customer segments, data and channels, enabling you to launch quickly and evolve your offering as you grow.
Extended capabilities
Our Instant Access Savings integrates with the extended capabilities of Boxed to provide a complete end-to-end service.
Customer Onboarding
Identity & Authentication
Customer Service & Support
Data & Insight
Ready to get started?
Let’s discuss how our Instant Access Savings can generate a new revenue stream for your business
