Explore our Reward bank account
To apply, you need to be 18+ and a UK resident. You need to also pay in £1,250 to an eligible Royal Bank account every month. You can only hold a maximum of 1 Reward account in your name, and 1 in joint names.
Get our £200 offer when you switch to Royal Bank
Apply online or via our mobile app to switch a current account held elsewhere using the Current Account Switch Service into a Royal Bank account from 15 February 2024.
Deposit £1,250 into your account and log in to our mobile banking app within 60 days. App eligibility criteria apply.
When you meet these conditions, we'll pay £200 into your eligible account within 7 days.
Your switch must fully complete to receive the incentive, this means your old bank account will close and any funds and Direct Debits will move over to us. The deposit of £1,250 can be made up of multiple credits and must remain in the account for 24 hours. If you've previously received a switcher incentive from NatWest Group since 01 January 2020, you will not be eligible for this offer. Offer can be withdrawn or amended at any time.
Switch offer T&Cs apply (PDF, 166KB)
Step 1
We'll send a request to your old bank to confirm the switch and we'll keep you updated every step of the way.
Step 2
Your old account will be closed on your behalf. Your balance and payments (like Direct Debits) will be moved to your Royal Bank account.
Step 3
The switch is complete. Once you've met our switch offer eligibility criteria, you'll get £200 within 7 days.
Our App is available to personal and business banking customers aged 11+ using compatible iOS and Android devices. You'll need a UK or international mobile number in specific countries.
Earn Rewards
Up to £5 a month back
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). Plus, earn an extra £1 a month back in Rewards with 1 mobile app log in. That's up to £5 a month back in Rewards to spend on whatever you like!
Also earn from 1% in Rewards when you spend with your Royal Bank debit card at our partner retailers. Check out our current retailers in the mobile app.
Your Rewards balance can grow quickly, they're easy to earn and they're easy to exchange!
Exchange Rewards
For cash back, gift cards and more
Once you reach £5 in Rewards, the choice is yours. Redeem Rewards as money back into your current account, trade them up for eGift codes, or donate to one of our chosen charities.
How to exchange your Rewards?
Great news, there is no need to set up your Rewards. You can see your MyRewards balance and claim straight from the Royal Bank app with the touch of a button. There's no need to use a password.
Keep in mind, if you choose to bank your Rewards it will take 5 working days to clear.
Overdraft details
How to apply online
If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Digital Banking - not posted. Please take some time to review, print and/or save the important information.