Savings Goal Tool
When it comes to saving we think it helps to have a plan.
Our Savings Goal Tool can help you understand how much you need to save each month to progress towards your goal.
Set one up using our mobile app today.
You must have one of the following accounts to use the savings goal tool in your mobile app: Instant Saver, Premium Saver or Savings Builder.
Here's how you can set up a goal in your mobile app...
An easy way to increase your savings
We've found that on average customers with a savings goal saved double compared to customers that don't. That's why, we want to help you tuck away money regularly and track your progress towards a savings goal.
Already have our mobile app? Set a goal today
1) Log into your mobile app using your log in details
2) Click on the savings account you'd like to attach your goal to. The money already saved in that account will count towards your total
3) From the options listed below the summary, click on 'Savings goal'
Start saving today
Explore easier ways to save using our mobile app
Download our app and follow the on-screen instructions to enjoy easy banking on the go, anytime, anywhere.
You'll then be able to use the savings goal tool in the app, if you have an instant access savings account. So you can track your savings goal at your fingertips.
App available to Online Banking customers with a UK or international mobile number in specific countries.
Steps to help you save
Decide how much you can save
Knowing how much you can save, and how long you have to reach your goal can make tucking a bit of money away each month feel so much simpler. Being realistic with your savings will make you reach your target on time.
Set a savings goal and watch your savings grow.
Getting into the habit of savings can feel much easier with an end goal in sight, that's why we think it helps to tie your savings to a specific target and be able to watch your savings grow month after month.
Set up a regular payment and we'll do the saving for you.
Little and often can go a long way. Once you've set your savings goal, it's quick and easy to set up a standing order to make a regular payment towards your goal every month. Before you know it, you'll have reached your goals. Once you've completed your goal, you'll need to remember to amend your standing order.
Banking on demand
You can also set a savings goal in Online Banking. To do this, log in to Online Banking, set up a new goal using the link below your account summary, and that’s it. Every time you log into Online Banking you’ll be able to see how you're doing against your new goal.
Digital Banking available to customers aged 11+ with a Royal Bank of Scotland account.
Not saving with us already?
Our Savings Builder account gives you a flexible and easy way to save. With immediate access to your money whenever you need it, you can open an account with just £1 and earn 1.50% AER/Gross p.a. (variable) when you grow your savings by £50 or more each month.
This way, if life gets in the way of good intentions, you're covered.
Exclusively for our current account customers, aged 16 and over.
5* Fairbanking for your financial well-being
What does the 5-Star Fairbanking Mark granted to our Instant Saver with our Savings Goal Tool mean?
The product contains multiple features to help customers manage their money better. In this case to increase the likelihood that a customer will save for a specific objective (e.g. car, holiday, wedding) or in order to have an emergency fund.