Open a Reward bank account
Rewards are our way of giving you something back
Earn 2% in Rewards on 7 types of household bills paid by Direct Debit. On 1st February 2020 we're changing the way you can earn Rewards.
Earn at least 1% back in Rewards on spend with our partner retailers
Pay with your phone with Apple Pay and Google Pay™ and bank on the go with our easy to use Mobile Banking app
£2 monthly fee
To apply, you must be 18+ and a UK resident. To earn Rewards you need to log into Digital or Mobile Banking at least once every three months and pay in £1,500 to an eligible Royal Bank of Scotland account every month.
Switch to Royal Bank
The Current Account Switch Service will do all the work when it comes to switching, moving everything across from your old account all within 7 working days, including Direct Debits and standing orders. All you need to do is tell us the details of your old bank account and when you want the Switch to start.
Features and benefits
Mobile Banking App OpenClose
We're changing how you can earn Rewards
On the 1st Febraury 2020, instead of earning 2% back in Rewards on household bills, you'll earn £4 a month back in Rewards for 2 or more Direct Debits - 2 of those Direct Debits need 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 in Rewards to spend on whatever you like!
We're also reducing the amount you pay into any personal current account each month from £1,500 to £1,250.
How to apply online
Provide your ID
Check your details
Your account is open
Get ready to apply
Before you apply, we need to check you're happy with a few things. And ask you a few questions up front. Then we can make your application as quick and simple as it can be.
First things first. You can apply if you:
- are aged 18 or over and a UK resident
- will log into Digital or Mobile Banking at least once every three months
- will pay in £1,500 each calendar month to any personal current account you have with us. Excludes Foundation and transfers between your own Royal Bank accounts
Not sure a Reward account is for you? Look into our Select everyday bank account with no monthly fee.