Cashback Terms & Conditions

Q. How long was this offer available?

A. The offer started on Wednesday 1 July and ended at the latest on Friday 31 July 2020.

The following questions give you some details of what was in the Cashback offer:

Q. Am I eligible for the offer?

A. This offer was open to customers, who do not currently invest and have not previously invested with Royal Bank Invest. To qualify for this offer you must:

• Open an invest account and make an initial investment of at least £100 between 1 July and 31 July 2020 inclusive.
• Start making regular monthly contributions by 31 August 2020 and don’t cancel your regular monthly contribution instruction at any point before 1 November 2020

Standard eligibility criteria apply: you must have online banking, be aged 18-84, have a current account with Royal Bank and be a UK resident for tax purposes

There are a few things we would recommend you consider before starting to invest. Please find these here.

Q. When will I receive my £50 cashback?

A. Provided you have met the terms of the offer, the cashback will be paid into the current account from which you made the regular monthly contributions. It will be paid by 30 November 2020.

Q. How do I start making regular monthly contributions?

A. When setting up your investment for the first time, you will be asked ‘How much do you want to Invest’ and you’ll have the option of entering a single investment amount, monthly investment amount, or both. If you have already set-up your investment and would like to add a regular monthly contribution, you can do so by selecting your Personal Portfolio Fund and selecting ‘set up monthly contributions’. The minimum monthly amount that you can invest is £50.

Q. Can I transfer a Stocks & Shares ISA I have with another provider?

A. You can transfer Stocks & Shares ISAs with other providers to Royal Bank Invest. As we cannot guarantee that your current provider will transfer it over by 31 July 2020, ISA Transfers will not count towards the £100 initial investment. Alternatively, to benefit from this offer you can open a General Investment Account. However, UK Income Tax and Capital Gains Tax may be payable on any investment growth.

Q. If I open multiple funds will I get multiple cashback?

A. The maximum cashback that we will pay to you is £50 regardless of the number of Royal Bank Invest eligible accounts you hold.

Q. If I have a joint current account will both myself and the joint account holder receive £50?

A. Provided you both have separate Invest accounts and eligibility criteria is met you will both receive cashback.

Get the latest fund information.

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Yes.
You can choose to transfer any existing ISAs you have to Royal Bank Invest.

If you need advice deciding whether you should transfer, we're sorry but we can't help - our automated advice service only offers advice on investing your spare income and savings.

Coutts & Co do the investment management.

Made up of more than 60 investment specialists, the team at Coutts includes economists and investment analysts with years of experience managing money.

The five funds are provided by RBS Asset Management (Dublin) Limited.

Before investing you should consider:

Setting aside enough money in accessible savings to cover any emergencies - an amount of around 4 times your essential monthly expenditure is typically about right.

If your existing insurance and pension arrangements are sufficient for your needs.

Paying off any high interest debts that your money would be better used to repay.

You can make withdrawals at any time but generally the longer you invest for the more chance there is for growth on you investment. So if you invest you should be prepared to do so for 5 years or more. 

The value of investments can go down as well as up. This means you could get back less than your original investment.  New to investing? Learn more about the difference between saving and investing before you start to invest. 

The assets held within each of the Personal Portfolio Funds are held separately from the bank by an independent company called a depositary, which is authorised by the Central Bank of Ireland. So your investments would be safe even if Royal Bank of Scotland failed. Your investments through Royal Bank Invest may also be covered by the Financial Services Compensation Scheme in some scenarios.

For more details click here

There is no ability to buy individual stocks and add to these funds. Royal Bank Invest is a simple way to invest online. You can invest into a range of 5 funds which are managed by the investment team at Coutts & Co.  

Click here for more information on the different investment funds. 

If you're already investing with us you can log in to your Royal Bank Invest account for day to day transactions, or if you're concerned about the current situation and have questions about managing your investment during this time, please see our latest guidance and common questions. 

If you'd prefer to speak to us, you can call the Help and Support team on 0345 304 1005 (for Relay UK prefix the number with 18001). Our lines are open Monday to Friday, from 9.30am to 5pm. We're closed Bank Holidays. Calls may be recorded.

Yes, the Personal Portfolio Funds are! The shares and funds we select on your behalf are responsible investments. Responsible investing focuses on companies and industries who aim to positively affect our world in three key areas: environmental, social, and governance (ESG). Find out more.