Premier Bank Accounts

Open a Premier
Reward Black account

Benefits for when you're at home or away

Enjoy worldwide family travel insurance

Access to over 1,000 international airport lounges with Dragon Pass Premier

24/7 Concierge Service

UK and European car breakdown cover

£9 a month back in Rewards on 2 Direct Debits - they need to be at least £4.50 each

£1 a month back in Rewards when you login to our mobile app

£31 monthly fee

To apply, you need to be 18+ and a UK resident. You need to also meet one of the following criteria: have a minimum £100k sole income or £120k joint income paid into your Royal Bank account, or £500k minimum mortgage borrowing with us, or Minimum £100k savings or investments held with us.

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?

I already have a Reward Black account

Learn more about our Royal Bank Premier Black app or find out how to set-up and use your account benefits.

Account benefits

Rewards

Earn Rewards

Earn £9 a month back in Rewards for 2 or more Direct Debits - 2 of those Direct Debits needs to be at least £4.50 each. Plus, earn an extra £1 a month back in Rewards with 1 mobile app log in. That's up to £10 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 RBS bank account, trade up for gift cards and e-codes with our retail partners, or donate to one of our chosen charities.

Worldwide Airport Lounge Access

DragonPass Premier gives you unlimited access to over 1,000 lounges worldwide, plus you can enjoy discounts at airport restaurants, cafes and spas. Many lounges can now be pre-booked for just £5 per person per visit to avoid disappointment during busy travel times. You can also bring travel guests (£20 per person).

Worldwide Travel Insurance

Love travel? Our worldwide travel insurance covers you and your family for trips up to 90 days, including 31 days for winter sports. The policy also has £10 million medical expenses cover (underwritten by U K Insurance Ltd).

Travel Money

You’ll get preferential rates on foreign currency from our Travel Money Service – we’ll even deliver to your door.

Black Travel Service

You could enjoy 10% discount off breaks, holidays, car hire and overseas travel when you use the Black Travel Service.

Using your debit card abroad

No Non-Sterling Transaction Fee when you using your Reward Black debit card abroad.

Insurance

Mobile Phone Insurance

Many of us run our lives on our mobiles. 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.

UK & European car breakdown cover

Green Flag provide our UK & European Breakdown cover which includes returning you and your vehicle to your home address in the UK. We’ll give you options to get you to your destination if your vehicle can’t be fixed (Underwritten by U K Insurance Limited).

Home Emergency Service

24/7 home emergency cover up to £750 including VAT (underwritten by U K Insurance Limited). We only use approved repairers – finding someone you can count on.

Lifestyle

24/7 Black Concierge Service

Our 24/7 Black Concierge Service can help you with things like getting your hands on hard-to-get tickets or booking a table at a top restaurant anywhere in the world.

Black Ticket Service

Your Black account gives you access to live entertainment at reduced prices. Receive 25% cash back on up to six tickets per event, at up to four events per year. Choose from theatre shows, musicals, operas and sporting events throughout the UK and Ireland.

Cinema discount

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

Receipt Management

Free access to our Receipt Management tool.

Other features...

Mobile Banking App

Our Mobile Banking app is secure, easy to use and lets you do lots of useful everyday banking tasks when on the move. It’s available to Digital Banking customers with UK or International mobile number in specific countries.

Use your account benefits

Make the most of your Premier Reward Black account with the Royal Bank Premier Black app.

Other features...

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.

How to apply online

Have ID ready

We’ll need some details from you, such as your address history, monthly income and some ID.

Start your application

You can apply online right now if you are ready. Just use the section below to tell us about yourself.

How long will it take?

You should be able to complete the online application within an average lunch break.

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+ and a UK resident
 

You also need to meet one of the following:

Earn a minimum £100k sole income or £120k joint income paid into your Royal Bank account.

Have £500k minimum mortgage borrowing with us.

Have £100k minimum in savings or investments held with us.

Now please take a look at the important legal stuff

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.

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

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