Reward Platinum Current Account | Royal Bank of Scotland

Reward Platinum current account

Great benefits plus Rewards. £19 per month.

Mobile and worldwide travel insurance   

UK car breakdown cover   

2% Rewards on 7 types of household bills paid by Direct Debit 

To apply you must be 18 or over and a UK resident

Change your existing Royal Bank account

Change an existing account

Is this to be a sole or joint change?

To apply, you need to be aged 18 or over and permanently resident in the UK.

In order to help us upgrade your account as quickly as possible, please do not open more than one application form in your browser. This can create an error when submitting your application.

Book a branch appointment

Please note that this account is not available to Royal Bank of Scotland customers in England and Wales.

Please note that, up to 25th June 2017, the Reward Platinum Account monthly account fee is £18 and you will earn 3% back in Rewards on any qualifying household bill Direct Debits. 

From the 26th June 2017, the Reward Platinum Account monthly account fee will increase to £19 and you will earn 2% back in Rewards on any qualifying household bill Direct Debits.

All these great benefits for £19 per month

Worldwide Travel Insurance

Worldwide travel insurance that covers you and your family for trips of up to 31 days. The policy also includes winter sports and £10 million medical expenses cover (underwritten by U K Insurance Ltd).

 

What you should know:

  • Family cover includes you and your partner, plus any dependent children under age 18 at the start of the journey, (under 23 if they’re in full-time education). Children must be living at the home address (or with the other parent), and be neither married or in a Civil Partnership
  • Your partner is the person you, the account holder, live with at the same home address in a relationship, whether married or cohabiting
  • To find out if you can extend your travel insurance to include cover for any new or existing medical conditions please click here or call 0345 609 0456 (minicom 0370 600 0856). You may have to pay extra for this or you may find that your condition cannot be covered. Lines are open 8am-8pm Monday - Friday, 9am-5pm Saturday, 10am-5pm Sunday and 9am-5pm on bank holidays. We are closed Christmas Day, Boxing Day, New Years Day and Easter Sunday. Calls may be recorded.
  • If anyone covered by the policy is aged 70 or over, there’s a £75 annual premium per person insured aged 70 or over
  • If you have an existing medical condition, you may have to pay an additional premium or accept that your cover may exclude certain conditions.

Mobile Phone Insurance

Your policy covers loss, theft, damage and breakdown (once your warranty has expired). Underwritten by Aviva Insurance Limited.

 

What you should know:

  • Covers the phone you use on a daily basis. If your account is in joint names, cover is also provided for the phone the other account holder uses on a daily basis.  There is no cover for phones owned by your employer.
  • 2 successful claims can be made on this policy in any 12 month period. If this is a joint account, both account holders can make 2 successful claims, with a maximum of 4 per account.
  • Our replacement phones are refurbished handsets in ‘as new’ condition using genuine manufacturer parts.
  • There is a £100 excess for each successful claim.

UK Car Breakdown Cover

Our partners, Green Flag will get you and your vehicle home, or to your preferred location, anywhere in the UK.

 

What you should know:

  • Full national service - anywhere in the UK, including homecall
  • Cover for vehicles you own that are kept and registered at your home address
  • Anyone driving or travelling in the vehicle owned by you is covered too
  • Limited to 5 callouts in any 12 months
  • Doesn't cover any repair costs once the insured vehicle has been transported to a garage or repairer.

National Trust family day passes

Discover some of Britain’s treasures with two family day passes each year at a selected range of National Trust sites.

 

What you should know:

  • Choice of over 300 places to visit
  • Each pass is valid for two adults and three children aged 5-17 (under 5’s do not count towards the three and incur no additional cost)
  • Includes car parking at a National Trust car park at no additional cost
  • Plus, get 20% off National Trust shops when you spend £20 or more at selected National Trust shops
  • You can also get an annual membership discount, call or go to membership services for details

tastecard

2 for 1 or 50% off at thousands of restaurants UK wide.

 

What you should know:

  • Some restaurants may exclude tastecard use on Friday or Saturday evenings, Mother’s Day, Father’s Day, Valentine’s Day, the whole of December and potentially other “event” type days
  • Where restaurants offer 50% off they may limit the number of people; where restaurants offer 2 for 1 this does not include side dishes or extras
  • Some restaurants require the customer to book prior to arriving at restaurants.

Travel Services

  • Up to 10% off the base price of holidays including cruises with a number of major tour operators
  • 10% discount on airport parking, UK airport lounge access, car hire, transfers, attractions and airport hotels
  • 10% discount on baggage allowance upgrades and in-flight meals on Thomas Cook Airlines

What you should know:

  • No credit card or booking fees
  • No limit to the number of times you may use the service
  • Charges apply to cancellations or changes to bookings.

Travel money

Get preferential rates on foreign currency from our Travel Money service – we’ll even deliver the money to your door.

 

What you should know:

  • Orders must be online or over the phone through membership services to receive preferential rates
  • Minimum order of £100 applies.
Rewards explained

What are Rewards?

They're simple

You automatically earn Rewards on seven types of household bills paid by Direct Debit and on purchases at partner retailers. 5.00 in Rewards = £5.00.

 

They could grow quickly

There's no limit to the Rewards you can earn. Average earning of £83 in Rewards a year is based on paying bills of £345 a month and is before the Reward monthly account fee is paid.

 

They're easy to exchange

As soon as your available Rewards balance is the equivalent of £5 or more, you can convert your Rewards to money, which you can either transfer into your Royal Bank of Scotland current account or use towards reducing your Reward credit card balance.

 

Rewards can also be exchanged for gift cards or codes at selected retailers or converted to money and donated to participating charities.

How do I earn Rewards?

2% back in Rewards on seven household bills

You will earn Rewards on the following bills when you pay by Direct Debit from your Reward bank account; Council Tax, mobile, landline, TV package, gas, electricity and broadband.

 

Payments to billing organisations but which are for other services such as maintenance, repairs or insurance will not earn Rewards. 

 

At least 1% back in Rewards at partner retailers

After you've opened your account, you'll receive personalised retailer offers where you can earn extra Rewards when you use your Royal Bank of Scotland debit card. To view your personalised offers, exchange any Rewards and to check your Rewards balance, you will need to register on the MyRewards site.

How do I exchange Rewards?

As soon as your available Rewards balance is the equivalent of £5 or more, you can login to MyRewards to exchange them. To login you will need to register, using your debit card. You can then choose from the following.

 

Bank it

Convert your Rewards into money. You can then transfer the money into your Royal Bank of Scotland bank account or use towards reducing your Reward credit card balance. The funds will be cleared in your chosen account within 5 working days.

 

Trade up

Exchange your Rewards for gift cards or codes at our selected partner retailers.

 

Donate

Convert your Rewards into money, which can be donated to one of our chosen charities.

   

An everyday account you can apply for online

Select current account

An alternative to the Reward accounts

Over 18s and UK residents only.

No monthly fee

Get assistance Reward Platinum account
Change an existing Royal Bank account

Change an existing account

Is this to be a sole or joint change?

To apply, you need to be aged 18 or over and permanently resident in the UK.

In order to help us upgrade your account as quickly as possible, please do not open more than one application form in your browser. This can create an error when submitting your application.

Compare our current accounts
Set Tab for lightbox