MyRewards | Royal Bank of Scotland

Royal Bank of Scotland 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 Royal Bank of Scotland 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 on our Reward account range. Monthly account fee starts from £3.

 

Rewards does not impact the account benefits you and your family automatically get with your bank account. To view and use your account benefits visit Manage your bank account.  

 

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 Royal Bank of Scotland bank account or use towards reducing your 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 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. Rewards will only be earned if your supplier is eligible. View the full list of companies using our supplier tool.

 

Direct Debits are the simplest and most convenient way for you to pay regular and occasional bills. Whether you're moving your Direct Debits to Royal Bank of Scotland or between your Royal Bank of Scotlandaccounts, it's simple and hassle-free.

Move your Direct Debits  

 

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 or Reward credit card. To view your personalised offers, exchange any Rewards and to check your Rewards balance, you will need to register on the MyRewards site.

 

Extra Rewards using your Reward credit card

With your Reward credit card you'll earn 1% Rewards at supermarkets (0.5% at their petrol stations) and 0.5% or more everywhere else you shop at home and abroad. Plus until 31st December 2016, you can earn 1% extra on contactless and Apple Pay payments in store up to £30.
 

Representative 23.7% APR (variable).

 

Annual fee applies. Over 18's, earning over £10k p.a., mainland UK residents only.  

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How do I exchange Rewards?

To access your account, view your personalised offers and exchange your Rewards you need to set up your MyRewards account. Set up is easy and secure, you'll need your Royal Bank of Scotland debit card or credit card details to hand. You can exchange Rewards as soon as your available Rewards balance is the equivalent of £5 or more.  

Set up your MyRewards account

Forgotten your Rewards password

Once you are set up you can choose how you want to exchange your Rewards. 5.00 in Rewards = £5.00:

 

 

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 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.

 

 

 

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

More about exchanging  

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Not earning Rewards?

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.

 

If you have a Select account, and did not sign up for Cashback Plus before 12th October 2015, you are not earning any Rewards. If you signed up for Cashback Plus before 12th October 2015, you are currently earning at least 1% Rewards at our Partner retailers and in personalised offers.

 

Change to a Reward account to start get:
3%
Rewards on seven types of household bills paid by Direct Debit
1% or more at partner retailers

Change to a Reward account  


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

Start earning Rewards today
Reward current accounts

Reward current accounts 

We have a range of current accounts that earn Rewards. 

With all our Royal Bank of Scotland 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)
1% or more at MyRewards retailers
0.5% or more everywhere else you shop at home and abroad
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, earning over £10k p.a., mainland UK residents only.

Plus we'll refund the annual fee if you also have a Reward current account.

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

Once you’re registered, you'll receive personalised offers where you can earn extra Rewards when you use a debit or credit card linked to your Reward account. 

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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