MyRewards | RBS

NatWest Rewards

MyRewards

Earn Rewards month in, month out through your current account or credit card

Login to MyRewards

Reward accounts are available to UK Residents over 18 in RBS branches in Scotland and Holts, Drummond or Child & Co customers

Rewards explained
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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. On average, currently our customers earn £120 per year in Rewards, based on average monthly Direct Debits of £333 (£4,000 per year) and excluding the monthly fee.

 

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 RBS 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.

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How do I earn Rewards?

3% back in Rewards on seven household bills

You will earn Rewards on the following bills when you pay by Direct Debit; 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 RBS 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.

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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 RBS current 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.

Start earning Rewards today
Reward current accounts

Reward current accounts 

We have a range of current accounts that earn Rewards. 

With all our RBS Reward accounts you automatically earn:

3% Rewards on your household bills paid by Direct Debit
1% or more at partner retailers

Monthly account fee starts from £3.  You must be 18 or over and a UK resident.

Compare our Reward accounts
Reward credit card

Reward credit card

Take out a Reward credit card you automatically earn:

1% Rewards at supermarkets (0.5% at their petrol stations)
0.5% or more everywhere else you shop at home and abroad
1% extra on contactless until 31st December 2016

Representative 23.7% APR (variable).

Annual fee applies. Over 18's and UK residents only.

If you’re a Reward current account holder, we’ll refund the credit card annual fee!

Compare our credit cards
Get the most from MyRewards
Earn 3% back in Rewards

Earn 3% back in Rewards on household bills

Once you’ve opened a Reward current account, you’ll start earning Rewards automatically on household bills paid by Direct Debit. Monthly account fee starts from £3. You must be 18 or over and a UK resident. 

Earn 1% Rewards with partner retailers

Earn 1% Rewards with partner retailers

Includes brands such as New Look and Caffé Nero. Once you’re registered, we’ll keep you up to date with regular offers personalised to you. 

Earn with our Reward credit card

Take out a Reward credit card to earn

1% at supermarkets (0.5% at their petrol stations)
1% or more at MyRewards retailers
1% extra if you use contactless or Apple pay payment (in store) until 31st December 2016

Representative 23.7% APR (variable).

Annual fee applies. Over 18's and UK residents only.

Check your bills are eligible
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 first need to register, please make sure you have your debit card details to hand. You can then choose from the following:

Bank it

Bank it

Exchange your Rewards for money which is transferred to your current account or credit card

 

Trade up

Trade up 

Exchange them for gift cards of a higher value at partner retailers

Donate

Donate

Change your Rewards into a charity donation

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