Bank Accounts

Joint Bank Accounts

What is a joint bank account?

In most ways, a joint bank account is the same as having your own, except two people have control over the account. Both parties are also responsible for any arranged overdraft (subject to approval). It's great for couples, trusted friends or family members, who want to share part of their banking.

Both people can spend money from the account, and we'll give you a Contactless Visa Debit Card each. You'll also be able to manage your joint bank account together using our Mobile Banking app, or via Digital Banking.

Types of joint bank account

Joint bank accounts are available with our current account products, excluding Student and Revolve (child) accounts;

Royal Bank Select - a basic everyday banking account, with the features you'd expect from a regular account, and no fee.

Reward current accounts - 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. You can also earn at least 1% on spend with our Partner Retailers. Some Reward accounts also include additional benefits, such as mobile phone insurance and travel insurance. Monthly fees apply.

Royal Bank Premier bank accounts - these accounts provide benefits for higher net worth customers (eligibility criteria apply) to help you get the most from your finances.

Joint savings accounts

A joint savings account can help you save together. You can both contribute funds into the account, perhaps working towards a dream holiday, or just as a rainy day fund.
Account eligibility criteria apply.

Are joint bank accounts a good idea?

For many, a joint bank account can be a great option to help share the management and organisation of finances and spending.

However, before you consider opening a joint bank account:

Make sure you completely trust the other party, as the bank holds both parties liable for matters such as overspending and debt and any subsequent repayments.

Discuss your finances with together, as both your credit scores will be assessed during your application and once you have a joint account, you will be co-scored. Co-scoring takes into account both your credit scores and can affect any future applications for credit you both make.

Open a joint bank account online

1. Decide which joint bank account is right for you, excluding Student or Revolve (child) accounts

2. Once you're happy with your choice of account, click 'Apply now'. Be sure to select 'joint account' when you're given the option

3. Complete our application form online. It will ask for information from both parties, so we recommend completing it together

Frequently asked questions

Something else we can help you with?