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NatWest faces a grilling over a catch on its fixed-rate bonds that cuts returns in half for up to seven weeks. The bank, part of 81 per cent taxpayer-owned Royal Bank of Scotland, snatched second spot in the best buy tables with the 3.8 per cent two-year rate on 11 October.
It is also offering a one-year deal at 3.4 per cent – the fourth best deal anywhere in the UK. But until savers click a 'find out more' button on the NatWest website, a damaging catch on both accounts is hidden....Read more here---> NatWest under fire for fixed-rate bond trick that cuts savers' returns in half | This is Money
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