Jakob Pfaudler, chief executive of the AA said: “We are delighted to announce this financial services partnership with NatWest Boxed as we continue to broaden the range of services we offer our members.”.
Andrew Ellis, chief executive of NatWest Boxed, which is backed by NatWest Group and operates as a separate entity, said: “We are proud to support the ambition the AA has for its customers, using our technology, balance sheet, operational support, and regulatory expertise to drive future growth.”.
Rachel Springall, a finance expert at Moneyfactscompare.co.uk said: “It’s great to see the AA reveal its partnership and that it will be launching both an instant access savings account and an unsecured personal loan.”.
The AA plans to launch instant access savings accounts from the end of March, closely followed by personal loans, as part of a partnership with NatWest Boxed.
The partnership will enable the AA to expand its range of financial services, with products that could help people save for their first driving lesson or helping with the cost of an emergency repair.
