NatWest pigs are back

NatWest has brought back its much-loved piggies in its latest bid to woo young savers and their parents.  

To coincide with the launch of its new First Saver instant-access account for under 16s – paying 1% on balances under £25,000 and 0.5% for balances above, a new generation of savings pigs has been introduced too.

With the aim of bringing the fun back into saving, the new 'Pigby and Friends' characters will be given away to young savers.

On account opening from 25 November, savers will receive a free Pigbybank, created by the makers of Wallace and Gromit and Shaun the Sheep.

They'll also get a welcome pack, containing "fun savings tips and tricks" to share with mum and dad.

The piggybank will be accompanied by the online "Pigby's savings zone" and savings smartphone app, featuring Pigby and Friends from late December. Natwest said the app "is an educational, but fun game aimed at teaching children about saving money".

Six piggy friends have been created, based on the drawings of 13-year-old Kwamina Longdon, who won a national 'pigs by kids' competition to design a modern day savings pig.

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David Crawford, head of savings at NatWest, said: "Many parents may fondly remember the NatWest pigs from their childhood, and we hope this new generation of pigs can help teach children that saving can be fun as well as beneficial in later life."

Did you know?

The first NatWest savings pig was introduced to the world 30 years ago to mark the launch of the building society's Piggy Account on 5 December 1983.

Children could collect an entire piggy family - the more they saved, the more pigs they got.

The first of the ceramic pigs up for grabs was Woody, who was given away on opening an account with a minimum of just £3.

Once £25 had been saved, Woody's sister Annabel was given out. £50 would get them older brother Maxwell; £75 mum Lady Hilary; and £100 dad Sir Nathaniel. And if a Children's Bond for the under 16s was opened, cousin Wesley would make an appearance too.  

How many pigs did you or your children collect? Do you still have them? Send your pictures and memories to Moneywise at editorial@moneywise.co.uk

Published: 25 November 2013
Last updated: 25 November 2013

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