Packaged bank account

Open a Reward Silver
bank account

Get more from your bank account

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

Also includes insurance cover for European travel and your mobile phone

Pay with your phone with Apple Pay and Google Pay™  and bank on the go with our easy to use Mobile Banking app

£10 monthly fee

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.

Current Account Switch Guarantee (PDF, 39KB)

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

How does the Switch service work?

Features and benefits

Features and benefits


What are Rewards?

Rewards are our way of giving you something back. Get rewarded on 7 types of household bills paid by Direct Debit. Your Rewards balance can grow quickly, they’re easy to earn and they’re easy to exchange.

How do I earn Rewards?

You’ll earn 2% on eligible household bills paid by Direct Debit and at least 1% at our partner retailers.

How do I exchange Rewards?

It's easy. Once your Rewards balance has grown to at least £5, we’ll give you a choice of what you can do with them. You can bank them, trade them or donate them to one of our chosen charities.

Travel insurance

Do you love to travel? This account offers European travel insurance that covers you for up to 22 days per trip. The policy also includes winter sports cover. Underwritten by U K Insurance Limited.

Travel money

Get great deals on foreign currency from our Travel Money Service. We'll even deliver the money to your door.

Fee free debit card purchases abroad

No Non-Sterling Transaction fee when you use your Reward Silver debit card abroad.


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 American International Group UK Limited.


Cinema discount

Take advantage of up to 40% off the price of cinema tickets.


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

Mobile Banking app

Mobile app

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

We're changing how you can earn Rewards

On the 1st February 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!

Find out more about the changes

Overdraft details

How do overdrafts work?

An arranged overdraft can be useful for short term borrowing. Understand arranged and unarranged overdrafts and their impact on your account. An overdraft is a form of borrowing and is repayable on demand.

How much will an overdraft cost?

Understand the cost and impact of overdrafts and whether you're eligible to apply for one. If you don't repay what is owed, you could harm your credit score and borrowing capability.

We're changing our overdraft pricing

Between 27 March and 2nd April 2020, we will be making some changes.

Not sure Rewards are for you?

View our everyday bank account with no monthly fee and all the standard features that help make your banking hassle free.

How to apply online

RBS - Step 1

Apply online

During the application we'll ask for information about you such as your address, job etc. So have these ready.
RBS - Step 2

Provide your ID

You'll need to provide proof of your ID and address. You might be able to do this online, look out for an email from us.
RBS - Step 3

Check your details

We'll check we have everything we need to open your account. Look out for your new debit card in the post.
RBS - Step 4

Your account is open

Start using your new account. Log in to Digital banking and download our mobile app to bank on the go.

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

Not sure a Reward account is for you? Look into our Select everyday bank account with no monthly fee.

Now please take a look at the important legal info

If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Digital Banking - not posted. Please take some time to review, print and/or save the important information.

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.

All okay? You're nearly ready to start.

We need to do a few final checks with you. They'll only take a minute.

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