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Packaged bank accounts

Change your bank account to Reward Silver

Even more benefits with a Reward Silver bank account

  • Earn from 1% in Rewards when you spend with your Royal Bank debit card at our partner retailers. 
  • Redeem Rewards as money back into your current account, trade them up for eGift cards, or donate them to charity.
  • Insurance cover for European travel.
  • Mobile phone insurance.
  • Free from non-sterling transaction fees on purchases abroad.
  • Arranged overdraft available (subject to eligibility).
  • Choose your way to pay with Apple Pay, Google Pay™ or Contactless Debit Card. Limits apply.
  • £10 monthly fee.

Our packaged accounts come with benefits to help you travel abroad

Travelling this summer? With Reward Silver you can get European travel insurance and no non-sterling transaction fees on debit card purchases when using your card abroad.

European travel insurance (with COVID cover)

You’re covered for 22 days per trip for UK and European travel (including winter sports). It includes emergency medical expenses, cancellations, baggage and more.

European travel insurance is underwritten by AWP P&C SA and administered by AWP Assistance UK Ltd trading as Allianz Assistance.

No foreign transaction fees for using your debit card for purchases abroad

Customers with a Reward Silver account don't pay any non-sterling transaction fees.

That means you can make purchases with your Reward Silver debit card anywhere outside the UK, in any currency, without worrying about being charged for using your card abroad. Other local fees may apply.

Information Message

Withdrawing cash when abroad

Cash is accepted everywhere, so it can be a good idea to have some on you, especially if you’re travelling off the beaten track. However getting money from a cashpoint abroad can come with charges. You’ll most likely be charged a non-sterling transaction fee.

Information Message

Other features and benefits

Insurance

Mobile phone insurance

When bad things happen to your mobile, you need good cover. Our mobile phone policy covers loss, theft, accidental damage and breakdown (once your manufacturer’s warranty has expired). Underwritten by Aviva Insurance Limited.

Lifestyle

Cinema discount

Enjoy savings on cinema tickets at over 250 cinemas nationwide.

Tastecard

If you love eating out, you’ll love this offer: get 2 for 1 meals, 50% off food or 25% off food and drinks at thousands of restaurants UK wide.

Rewards

Earn Rewards

Earn £4 a month back in Rewards for two or more Direct Debits - two of those Direct Debits needs to be at least £2 each. Plus, earn an extra £1 a month back in Rewards with one mobile app log in. That's up to £5 a month back in Rewards to spend on whatever you like.

Exchange Rewards

Once you reach £5 in Rewards, the choice is yours. Bank it into your Royal Bank account, trade up for gift cards and e-codes with our retail partners, or donate to one of our chosen charities.

Banking with us

Mobile app

Stay in control of your money with our easy-to-use mobile banking app.

Our range of savings accounts

We have a range of savings accounts available to our current account holders.

Switch to Royal Bank and get our £200 offer

If you don't already bank with us, and you feel that the Reward Silver account best suits your needs, then you could switch using the Current Account Switch Service to either a Select account or a basic Reward account, both of which are also eligible accounts for this offer. The basic Reward account has a £2 monthly fee.
 
The Current Account Switch Service will transfer your balance, payments and income in just 7 working days, and then upgrade to a Reward Silver account.
  • Apply online or via our mobile app and switch a current account held elsewhere using the Current Account Switch Service into a Royal Bank account from 15 February 2024.
  • Deposit £1,250 into your account and log in to our mobile banking app within 60 days. App eligibility criteria apply. 
  • When you meet these conditions, we'll pay £200 into your eligible account within 7 days

Your switch must fully complete to receive the incentive, this means your old bank account will close and any funds and Direct Debits will move over to us. The deposit of £1,250 can be made up of multiple credits and must remain in the account for 24 hours. If you've previously received a switcher incentive from NatWest Group since 01 January 2020, you will not be eligible for this offer. Offer can be withdrawn or amended at any time.

Switch offer T&Cs apply (PDF, 166KB)

A Guide to Switching Current Accounts (PDF, 3MB)

How does the Current Account Switch Service work?

An arranged overdraft is available with this account (subject to eligibility).

An overdraft is a form of borrowing and is repayable on demand. It can be useful for short term borrowing.

To apply for or amend an overdraft on your account visit our Overdraft pages.

Now please take a look at the important legal info

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Change your account today

Before we begin your application for a Reward Silver account, we need to do a few final checks with you. First things first. You can apply if you:

  • are aged 18 or over and a UK resident
  • already have a Royal Bank current account
Do you already have a current account with Royal Bank?
What would you like to do today?

Switch offer

Changing your existing account doesn't qualify you for our switching offer.

To qualify, you need to switch and close a current account held with another bank to your Royal Bank account. See our Switch page for more information.

 

If you're happy to change your account to Reward Silver please continue.

You're all set

During the application, you'll need the account number and sort code of the current account you want to change. You can find these in your app/Digital Banking.

As you're changing your existing account to another, you’ll:

  • Keep your existing sort code, account number and debit card. Your existing standing orders and direct debits will stay the same.
  • Retain your arranged overdraft limits.
  • See no impact to your credit rating.

You're all set

You’ll need these bits of info handy for your application:

  • The account number, sort code and debit card number of the bank account you want to switch to Royal Bank.
  • The account number and sort code of your existing Royal Bank current account.

The Current Account Switch Service will move everything across from your old bank account to your Royal Bank current account within 7 working days. 

Please note, a partial switch does not qualify for any switch incentives we may offer. 

Compare our current accounts

We're sorry but you must have an existing Royal Bank current account to upgrade to a Reward Silver.

Our Select and Reward accounts are available to new customers. If you still like the look of our Reward Silver account you can come back and upgrade later.