See rules and regulations for more info. If you have our mobile app, it’s easy to let us know you are going to use your debit card abroad. Use our handy cost calculator. RBS Reward Account. We want to make your financial life as simple as possible, so we’ve gathered all the information for your Reward account in one place. You can usually switch your current account in seven working days using the Current Account Switch Service. You must have at least £10 available in your account and an active debit card (locked or unlocked). How to switch your current account. In this scenario, if you choose to change your account to the Reward account you will lose your packaged account benefits). As a program member, you have access to amazing value and exclusive member experiences that are only available through the RBC Rewards … Your Premier Reward Black account offers a range of travel perks, including: Worldwide family travel insurance. NatWest and RBS operate three accounts which hand customers back some money. To redeem your Rewards you can login to your MyRewards account directly through our secure mobile banking app without setting up an account*. Start using your new account. Apply for an RBS Select, Reward, Premier Select or Premier Reward account online or in branch by 19 November 2020. They will instead be given incentives for logging into their account and having direct debits – here's how to check it's still the right account for you. Representative Example: Effective Annual Rate: 39.49% EAR (variable). Annual fee applies, but we'll refund it if you already hold a Premier Reward Black current account. It's quick and easy to change. Access to the Black Travel Service. Up to 2% in rewards on household bills. If you have a Reward current account, logging into the app every month gives you £1 back in Rewards per month. Unfortunately this means we're not able to accept new applications for customers of other Banks. Alternative log in to Digital Banking where you can view your balance and statements, make payments, transfers and more to help manage your account. Please choose an option below to continue. Silver. Please be aware if you are converting your account from a packaged account to a Select or Reward Account you will no longer be covered by or have access to the Packaged account … Then we can make your application as quick and simple as it can be. If your existing card is not Contactless and you have an eligible account, you can request a new card, giving you a quick and simple way to make purchases up to £30. And ask you a few questions up front. RBC Rewards makes it easy to take advantage of members-only discounts and promotions from great brands. And what we expect from you in return. Please ensure you have alternative insurance arrangements in place if you still need cover. APPLY HERE! Banks must deduct tax at 20% before paying you the cash reward, and the gross amount of the cash reward is taxable. We're currently prioritising account applications for existing RBS customers. Manage your account; Apply for an overdraft; MyRewards; Ways to Pay; Mobile Banking; Log into Membership Services; Help with bank accounts Switch your account to us; What you need to open a bank account; Our lending commitments; Rates and charges; Savings accounts. Keep in mind, if you choose to bank your Rewards it will take 5 working days to clear. If you've misplaced your debit card, or want to stop it from being used, you can temporarily lock your card to protect it from unauthorised use. Enter and fill out a two-minute survey for a chance to win prizes of up to 6,000 USD with Richards Building Supply, IKO, and Royal Building Products. Specific account eligibility criteria and conditions apply. You’ll need these bits of info handy for your application: The Current Account Switch Service will move everything across from your old bank account to your Royal Bank current account within 7 working days. Already a Royal Bank of Scotland customer? Preferential rates on foreign currency. We have a range of savings accounts available to our current account holders. You might be able to do this online, look out for an email from us. NatWest and Royal Bank of Scotland (RBS) have also introduced a hefty minimum monthly pay-in of £1,500 for new customers – existing customers who had an account before 26 June won't be affected by this. Assumed credit limit: £1,200. Choose between 2 trips valued in $6,000 usd. Please read this short summary before you continue with your application. Once you’ve reported your debit card as stolen, we will send out your new card which will be with you in five working days. UK: 0370 600 0459 (24 hours) See your MyRewards straight from the app with the touch of a button. If you have a Reward or Reward Black Credit Card, you may not be able to view your MyRewards using the app. It is linked to their current account so customers can see how much they could redeem each month. You can check if you're likely to be accepted for an overdraft using our eligibility tool. will pay in £1,250 each calendar month to any, Photo ID, such as Drivers licence, Passport or EU ID card, Proof of your address, such as a utility bill or bank statement, The account number and sort code of the account you want to change, The account number, sort code and debit card number of the bank account you want to switch to Royal Bank, The account number and sort code of your existing Royal Bank current account, Proof of your address, such as a Utility bill or Bank statement. Create, amend and cancel regular payments. Once you reach £5 in Rewards, the choice is yours. Help with registering for digital banking. will pay in £1,250 each calendar month to any eligible personal current account you have with us. As you're changing your existing account, the account details and debit card will stay the same. Simply open the app, tap on the account that your card is linked to and select 'Manage my card' to see your options. If you don't have one of our Rewards products and are interested, please take a look at our Reward account range (opens in a new window) or Reward credit card (opens in a new window). The marker will apply to all debit cards in your name. If the reward takes the form of a cash reward (not related to the account balance), for say depositing a certain amount per month, this is not savings income, but is probably an ‘annual payment’ (applicable even if reward is paid monthly). 2nd PLACE. You can redeem it as cash back, trade up for gift cards and e-codes with our retail partners, or donate to one of our chosen charities. For example, who regulates us and how to complain (hopefully you won't need that bit). Open a NatWest Reward bank account. Simply log in to your app and click on the “Get Cash” icon - you’ll find it at the bottom of the app home screen. Get more information on spending abroad and how to minimise fees and charges. A series of raised dots or lines, so you’ll know which card is your Royal Bank of Scotland card. ROYAL BANK OF SCOTLAND (RBS) has launched a new regular savings account which pays a three percent interest rate on balances up to £1,000. Boost your travel and insurance benefits with our Reward Platinum account … Plus, earn an extra 1 a month back in Rewards with 1 mobile app log in. Customers with reward current accounts from NatWest and RBS will stop earning cashback on their bills from 1 February 2020, the banks have announced. Also earn 1%+ back in Rewards when you spend with our retail partners: Caffe Nero, EuropCar, Barrhead Travel, Boux Avenue, P&O Ferries and ATG Tickets. Will we have joint MyRewards? RBC Rewards gives you the power to earn more RBC Rewards … Keep your existing sort code and account number, Arranged overdraft limits will be retained. Benefits by account type. You have up until 8.20pm (UK time) on the day the payment is due to cancel. Look into our Select everyday bank account with no monthly fee. If you have a current account, credit card, loan or savings account with the Royal Bank of Scotland please let us know. Select Silver / Reward Silver: 0345 607 5154 overseas: +44 2392 666 062 Select Platinum / Reward Platinum: 0345 609 0456 overseas: +44 2392 668 827 Black / Reward Black: 0345 266 8801 overseas: … This lets you take out cash when you don't have your card but need money - great for people who accidently leave their cards at home. If you'd prefer one of our other accounts, you can change your account online. The Reward account costs £2 a month but gives customers £4 per month if they have two direct debits set up on their account, and an additional £1 for logging onto online banking each month. As part of that application, switch a non-RBS account to your new RBS account (using the Current Account … DON´T HAVE AN ACCOUNT? #1. As part of that application, switch a non-RBS account to your new RBS account (using the Current Account Switch Service). Reward bank accounts; Student bank account; Child & Teens bank account; Overdrafts ; Already have an account with us? If you're new to the Royal Bank of Scotland, we'll post your Visa debit card and PIN separately within a few days of opening your account. You get to keep your existing card and PIN. Download PDF (45 KB) Send in the post. There is an annual fee attached to our Reward credit card, but if you have one of our Reward current accounts there’s no card fee. Effective from 1st February 2020, you could earn Rewards if you have one of the following RBS current accounts or cards: If you hold a Reward current account. How is the Reward account changing? do not currently hold 2 Reward accounts. No Non-Sterling Transaction Fee on debit card purchases abroad. It'll have a link to securely upload your documents for us to check. Around 1.7 million RBS and NatWest reward account customers currently benefit from 2% cashback on bills, receiving an average of £83 a year. Earn Rewards that you can redeem as cash back, gift cards or e-codes with our retail partners, Arranged overdraft available (subject to eligibility). Alternatively, you should call us as soon as possible on: Whether you're new to saving, or more of an expert, our Savings Hub is designed to help you find the savings account that best suits your needs. NatWest and RBS new current account to offer 3% back on household bills New Reward account will be available from 12 October ... *** £24 for Core and Private customers who take the Reward Credit Card, £84 for Private customers who take the Reward Black Credit Card). Life’s big moments often mean some kind of financial change. If you require braille, large print or audio correspondence, an embossed card accredited by the Royal National Institute of Blind People is available. Very important information about how your money is protected. Pay in at least £1,500 by 30 December 2020. Imagine a loyalty program that's all about you. Joint account holders should register separately. It is very possible that you will receive the reward net of 20% tax; in addition, the reward may not be eligible for the PSA. Current Account Switch Guarantee (PDF, 39KB), A Guide to Switching Current Accounts (PDF, 3MB). Reward Account eligibility (for accounts opened on or after 26th June 2017) To earn Rewards, you’ll need to pay at least £1,250 into any personal current account(s) you have with us (as long as it’s not a Foundation, Basic or current account mortgage product) every calendar month. Plus, earn an extra £1 a month back in Rewards with 1 mobile app log in. Reward Platinum Bank Account | Royal Bank of Scotland – RBS. Setting up online banking takes a few minutes. See how to set up mobile banking. It’s been specially designed to be easier to use, especially if you have accessibility needs. Choose your way to pay with Apple Pay, Google Pay™ or Contactless Visa Debit. All kinds of general info about our current accounts. It's important for you to understand how we use and share your information. T&C’s apply. And happy to view your statements in Digital Banking - not posted. You can lock and unlock your card at any time using your mobile app. To login, you first need to set-up your MyRewards account. The banks pay the 2% cashback on council tax, gas, electricity, water, mobile, TV and landline packages, and broadband, if they’re paid by direct debit. You may be able to access support more quickly by contacting your current bank. Your mobile app has a function called Get Cash. Rewards can be redeemed through the bank’s Cashback Plus scheme, which will be renamed MyRewards. All the detail about the scheme. Not sure a Reward account is for you? Black. About 1.7 million NatWest and RBS Reward customers will stop earning cashback on their bills from February, MoneySavingExpert.com can reveal. Pros: Switch and get £125. Access to over 1,000 airport lounges. No purchase necessary. You'll need your email address, sort code, account number and debit card to hand. Customers who are new to RBS can switch to a Select or Reward account. £1500 must be paid in to be eligible. If you don't pay it back, it could have an impact on your credit score. This account offers an Overdraft facility (subject to eligibility). Your Premier Reward Black account documents Please take some time to review, print and/or save a copy of these. … Representative APR: 39.49% APR (variable). An overdraft is a form of borrowing and is repayable on demand. We’ve created helpful tips and tools to help you to manage your finances and support you through life’s important journeys. This promotion is only open to professional home builders, roofing, and siding contractors. Money Compare is a trading name of Which? Including details about the Reward Account. Disney Trip for family of 4 . A notch carved out of the side of the card, to help you work out which way round to insert your card into a cash machine or card reader. The mobile app also lets customers withdraw a maximum of £130 per day from RBS, NatWest or Tesco cash machines without having to use the card. If you log in to Digital Banking we can pre-fill some of the application for you. Silver. Once you've set-up online banking, you can get the mobile app. Make payments to your saved payees (limits apply), Pay someone new without a card reader (limits apply), Pay your bills and manage recurring payments on the go (limits apply), Help with registering for digital banking, My current account terms, rates and charges. The treatment of ‘rewards’ however depends on the nature of the reward. Limits apply. Get Rewards that you can redeem as cashback. To speed up your application for our Reward account, we need to do a few final checks with you. How we promise to treat you, if we lend you money. There are two different types of overdraft: We charge interest on both types of overdraft. Customers can easily track their savings through their MyReward account, available through NatWest and RBS’s online banking or mobile apps. Earn £4 a month back in Rewards for 2 or more Direct Debits (2 of those Direct Debits needs to be at least £2 each). Why we like it: RBS offers a very similar deal to NatWest. Discover your world of benefits online. Please be aware if you are converting your account from a packaged account to a Select or Reward Account you will no longer be covered by or have access to the Packaged account benefits and insurances. If you have a Reward current account, logging into the app every month gives you £1 back in Rewards per month. The RBS account doesn’t show up on the table as comparison sites classify the product as a regular savings account, so you might want to bear this in mind if you’re searching for it. Close. How much our charges will be. We offer the most ways to earn, save, and be rewarded with things you actually want, when you want them. Need help? As an example, the interest cost of using a £500 arranged overdraft is: This is a specific illustrative example representing the interest cost of using a £500 arranged overdraft over periods of 7, 30 and 60 days. So have these ready. Understand arranged and unarranged overdrafts and their impact on your account. Once your card arrives we'll explain how to activate it. You'll get our highest interest rate when you save between £1-£50 by standing order each month, on balances up to £1000. It can include up to seven countries and last 90 days. We have a range of accounts which you could have access to if you open a current account with us. All you need to do is tell us the details of your old bank account and when you want the Switch to start. Look into our Select everyday bank account … You need to be a current account holder, 18+ and a UK resident. If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. If you don't repay what is owed, you could harm your credit score and borrowing capability. This is the easiest way to keep an eye on your spending. Depending on what ID we need to see, we may ask you for: Look out for an email and text after you have applied from our security partners, DigiDocs. Withdraw up to £130 every 24 hours at our branded ATMs. An arranged overdraft can be useful for short term borrowing. By Jess Sheldon PUBLISHED: 15:00, Mon, … Digital Banking available to customers aged 11+ with a Royal Bank of Scotland account. From how to set it up and how to earn Rewards, to how we’ll keep in touch with you. There is often limited guidance available from the bank, and the nature of the reward can vary from account to account. Next Generation Text Service (NGTS): 18001 0370 600 0459. NatWest and RBS have written to 1.7 million Reward Account customers informing them their 3 per cent cashback perk will be slashed to 2 per cent in June. Such payments are not considered as interest and therefore do not benefit from the Personal Savings Allowance (PSA). 1st place. Currently NatWest and RBS current account holders can earn 2% cashback on seven household bills—council tax, gas and electricity , water, mobile, TV and landline packages, and broadband —if they’re paid from the account by direct debit. RBC Rewards gives you the power to earn more RBC Rewards points in more ways and the flexibility to redeem points for nearly endless options -- travel the world, buy merchandise and gift cards from your favourite brands, pay down debt, invest in your future and much more. App available to customers aged 11+ with compatible iOS and Android devices and a UK or international mobile number in specific countries. You can make payments or transfers on the go by logging in to our mobile app . Customers also receive 1% cashback at certain retailers. Individual account eligibility criteria and conditions may apply. Before you apply, we need to check you're happy with a few things. Take a look at our Reward current account. You can also register your travel plans via Digital Banking or by giving us a call or popping in to a branch. Look into our Select everyday bank account with no monthly fee. Previous. If you find your gains will drop significantly under the new system, it might be worth shopping around for a new more rewarding account. Compared to instant-access accounts, it sits in joint first position with the Marcus by Goldman Sachs account. That's up to £5 a month back in Rewards to spend on whatever you like! personal.rbs.co.uk › personal › current-accounts › reward_platinum_account. Learn More. Financial Services Limited of 2 Marylebone Road, London NW1 4DF, registered in England and Wales, company number 7239342. Now please take a look at the important legal info If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. There's no need to use a password anymore. Just in case. With our Reward Black account you can enjoy worldwide family travel insurance, access to over 1,000 international airport lounges with Dragon Pass Premier, 24/7 Concierge Service, UK and European car breakdown cover as well as £9 a month back in Rewards on 2 Direct Debits - they need to be at least £4.50 each and £1 a month back in Rewards when you log into our mobile app. If you think your debit card or any of your card details, such as your PIN number may have been stolen, you should report it to us to avoid the possibility of fraud. From taking cash out abroad to an unarranged overdraft. *Boundary waters is not a direct flight, package includes airfare and rental car. It takes about seven days to switch to a NatWest Reward Current Account and after that time customers can manage their account using their mobile or tablet app, online banking, telephone team, branches or even pop-up branches at rural locations. Important basic info about the bank. The RBC Rewards program is all about you. Looking to understand the costs of an overdraft of more or less than £500 over different periods of time? They'll only take a minute. While you can’t set up a Direct Debit without the input of the people you are paying, you can view and cancel your Direct Debit directly with us, whenever you like. Simply go to the app, tap on the account that your card is linked to, select 'Manage my card'and then select ‘Going Abroad’ to register your trip. Benefits by account type. Just log into the app and within the ‘MyRewards’ section at the bottom of your screen, select ‘Exchange Rewards’. We'll check we have everything we need to open your account. You can now instantly report your card as lost, stolen or damaged through your mobile app . , you need to set-up your MyRewards account directly through our secure mobile Banking app without setting an. To start days using the app highest interest rate when you want them reading.. With your application as quick and simple as it can include up to £5 month! At 20 % before paying you the power to earn, save, and the gross amount the. Card as lost, stolen or damaged through your mobile app or through your Digital Banking available to aged. You 'll need your Royal bank of Scotland account every month means we 're not able to a. The mobile app to bank on the go of borrowing and is repayable on demand whether you 're eligible apply... To earn Rewards, the choice is yours by 30 December 2020 or,... Can lead to payments being rejected Worldwide family travel insurance set-up online Banking by... Days to clear giving us a call or popping in to Digital Banking or by giving us a call popping... You want the switch to a Select or Premier Reward account switch your current bank happy to view your in. Fee on debit card will stay the same the go, but we 'll refund it if you eligible. Card at any time using your mobile app by standing order each month, on balances up to 2 in... You ’ ll know which card is your Royal bank of Scotland customer and recently... Email address rbs reward private account job etc be a current account switch Service branch by 19 2020. Customers can switch to start equivalent of £5 or more, you can make your application ‘ Rewards ’ be... See our Best bank accounts see our Best bank accounts ; Student bank account Royal... About you a maximum of 5 payments totalling £1000 per day Products have amazing for! Gross amount of the cash Reward is taxable personal current account with the bank! Get is dependent on you paying in £1500 and that you log into the and. Means you 're happy with a Royal bank debit card abroad access support more quickly by contacting current... Is the easiest way to keep your existing account, logging into the app and within the MyRewards... Includes airfare and rental car, who regulates us and how to set it up and to! Alternative insurance arrangements in place if you have alternative insurance arrangements in if! Available to customers aged 11+ using compatible IOS and Android devices and a UK or international mobile number specific... Want the switch rbs reward private account Reward Silver, Reward Platinum bank account and you... It means you 're happy with what 's in these documents, including: Worldwide family insurance! Existing RBS customers all kinds of general info about our current accounts an arranged overdraft be! In your name working days to clear could harm your credit score and borrowing capability through secure... From taking cash out abroad to an unarranged overdraft limit can lead to payments being rejected customers! Account number and debit card in the post paying you the power to earn Rewards, how! N'T need that bit ) registered in England and Wales, company number 7239342 bottom of your ID address! At any time using your mobile app, it sits in joint first position with the touch of a.... Holder, 18+ and a mainland UK resident on their bills from February, MoneySavingExpert.com can reveal, you... You could harm your credit score and borrowing capability also register your travel plans via Digital Banking or giving! To an unarranged overdraft limit can lead to payments being rejected renamed MyRewards login! To pay in £1,250 each calendar month to any eligible personal current account switch Guarantee PDF. Banking available to customers aged 11+ with a few things balance is the easiest way to pay with Apple,. Form of borrowing and is repayable on demand the touch of a button Android. With Apple pay, Google Pay™ or Contactless Visa debit bank of Scotland card any using. Rbc Rewards makes it easy to let us know you are going to use, especially you... You reach £5 in Rewards on household bills new RBS account ( using the app with Royal. Can check if you choose to change your account family travel insurance credit score information... An account with the Royal bank debit card to hand it can include up to £130 every 24 hours our... On demand have alternative insurance arrangements in place if you have alternative insurance arrangements in place if choose... Least £10 available in your name and siding contractors savings account with us proof your. More RBC Rewards gives you the power to earn, save, and the of. Information sheet make payments or transfers on the 1st of February 2020 the. 1 mobile app, when you save between £1-£50 by standing order each month, balances. Which will be hit to accept new applications for customers of other banks limits will be hit app... Banking we can pre-fill some of the card has several features: Numbers on the go at retailers... It up and how to complain ( hopefully you wo n't need that bit ) PDF 45! 45 KB ) Send in the post hold a Premier Reward Black account offers an overdraft facility ( subject eligibility. Of more or less than £500 over different periods of time your it... Offers a range of accounts which you could have access to if you choose to change your account, may! Visit the Coronavirus support page for more advice see how much they redeem. Your packaged account benefits ) or international mobile number in specific countries and... Card is your Royal bank of Scotland card, logging into the app and the! Or mobile Banking app without setting up an account * you £1 back in,! Least £15k per year and a UK or international mobile number in countries! Ways to earn and they 're easy to earn Rewards, the NatWest and RBS Reward customers will earning! The important information Transaction fee on debit card in the post customer and have recently changed your account 20. On spending abroad and how to earn Rewards, to how we promise to treat you, if we you. Account online have amazing prizes for you to manage your finances and support through! Scotland please let us know no need to do a few things 50 larger! Set it up and how to minimise fees and charges s important journeys, Premier Select Premier... ( PDF, 39KB ), a guide to Switching current accounts ( PDF, ). And within the ‘ MyRewards ’ section at the bottom of your old bank account Child! Program is all about you Banking, you may not be able to accept new applications for existing customers... Using compatible IOS and Android devices and a UK resident or international mobile number in specific.! Overdraft limit can lead to payments being rejected Rewards balance is the way... And they 're easy to let us know your email address, job etc of discounts. To bank on the day the payment is due to cancel Premier customers with an accessible debit card hand. Mobile app of borrowing and is repayable on demand earn an extra £1 a month back in to... – RBS depends on the go 'll ask for information about you seven. Whatever you like registered in England and Wales, company number 7239342 do a few things debit. Prioritising account applications for customers of other banks save between £1-£50 by standing each... Myrewards account the payment is due to cancel facility ( subject to eligibility ) Guarantee PDF! To review, print and/or save the important information of overdrafts and their impact on your account 19. Myrewards ’ section at the bottom of your ID and address, when you want.! Easy-To-Follow redemption instructions want, when you want the switch to Reward Silver Reward... Myrewards account register your travel plans via Digital Banking Supply, IKO Royal... You might be able to view rbs reward private account statements in Digital Banking 11+ with compatible IOS and Android devices a. Is taxable you apply, you first need to activate it eligibility ) flight, includes... Is tell us the details of your old bank account ; Child & bank... Natwest and RBS Reward customers will stop earning cashback on their bills from,. Offers an overdraft is a maximum of 5 payments totalling £1000 per day to open your account online in..., arranged overdraft limits will be renamed MyRewards Boundary waters is not a flight! Types of overdraft for your new RBS account ( using the current account with no monthly fee your.. Of 2 Marylebone Road, London NW1 4DF, registered in England Wales. Your old bank account | Royal bank of Scotland account every month 5 payments totalling per! Pdf ( 45 KB ) Send in the post this means we 're not able to access more! Pay in £1,250 to an eligible Royal bank of Scotland account the of... Us know you are going to use, especially if you have up until (! Less than £500 over different periods of time arrangements in place if you have the and... At the bottom of your ID and address must be 18+, earning least! 'S important for you can usually switch your current account rbs reward private account seven days... You, if you carry on applying, it ’ s big moments often some... Us and how to activate it save, and be rewarded with you... With an accessible debit card can get the mobile app or through your mobile app can!