Premier Bank Accounts

Open a Premier
Reward Black account

£150 when you switch to us

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

2% back in Rewards on 7 types of household bills paid by Direct Debit

£150 when you switch your current account (available to new and existing customers)

£31 monthly fee

Reward Black Eligibility

Available to Premier banking customers who are aged 18 or over and a UK resident. You must 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. To keep earning Rewards on your household bills, you must log into online or mobile banking at least once every three months.

Switch to us for £150!

Switch the current account you hold elsewhere to us by the 29th November and you'll get £150 cashback. 

  1. Apply and open a new account or switch in to an existing account with us by the 29th November 2019.
  2. In your application select to switch to us. The Current Account Switch Service will then automatically move your existing payments and close your account held elsewhere.
  3. Pay in at least £1500 and log in to Digital or Mobile banking by 10th January 2020. We'll then pay you £150 by 7th February 2020. 

Offer available to new and existing customers in the UK.

I already have a Reward Black account

Account benefits

Account benefits

Travel

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 can save money on holidays, airport parking, baggage allowance and more. Our Black Travel Service gives you access to a range of travel agencies in one place.

Fee free debit card purchases abroad

No Foreign Purchase fee when you using your Reward Black debit card abroad.

Rewards

What are Rewards?

Get rewarded on seven types of household bills paid by Direct Debit. Your Reward balance can grow quickly - they’re easy to earn and 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 balance is the equivalent of £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.

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.

Not sure Rewards are for you?

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

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 Reward Black account benefits with Membership Services. Get started and log-in today.

24/7 Banking

Get the help you need and access your account wherever, whenever. 24/7.

Joint Accounts

You can open this account as a joint bank account, so two people can manage the finances. It can be ideal if you need to make shared payments, eg household bills, rent etc.

Arranged Overdraft

To help you out with those unexpected bills that can pop up occasionally.

Switch Bank Accounts

Switch to us for £150. We'll help you switch bank accounts with the Current Account Switch Service.

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.

I'm ready to apply

To open this account you must meet these requirements:

 
Aged 18+
A UK resident
To earn Rewards you need to log into Digital or Mobile Banking at least once every three months.


You must also meet one of these criteria:

Minimum £100k sole income or £120k joint income paid into your Royal Bank account.

£500k minimum mortgage borrowing with us.

Minimum £100k savings or investments held with us.

Important information

Please take some time to review, print and/or save the important information. By clicking to proceed you are confirming that you have been provided with, and have acknowledged, our important documents including the FSCS information sheet.

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.

Ready to continue?

I am...

To get the £150 switching offer you must:

  • Switch an account you hold elsewhere to Royal Bank by the 29th November 2019. When you apply tell us you want to switch.
  • Pay in at least £1500 and log in to Digital or Mobile Banking by 10th January 2020

You won't be eligible for our switching offer:

  • If you've had cashback for switching to us (or NatWest) since October 2017.
  • If we're only able to offer you a Foundation account instead of a Reward Black account. 

Take a look at the full Switching Offer Terms and Conditions (PDF, 28KB)

Great, looks like you're all set and ready to go.

I have a current account with Royal Bank...

I would like to...

I know my Digital Banking details...

To get the £150 switching offer you must:

  • Switch an account you hold elsewhere to Royal Bank by the 29th November 2019. When you apply tell us you want to switch.
  • Pay in at least £1500 and log in to Digital or Mobile Banking by 10th January 2020

You won't be eligible for our switching offer:

  • If you've had cashback for switching to us (or NatWest) since October 2017.
  • If we're only able to offer you a Foundation account instead of a Reward Black account. 

Take a look at the full Switching Offer Terms and Conditions (PDF, 28KB)

Great, looks like you're all set and ready to go...

To get the £150 switching offer you must:

  • Switch an account you hold elsewhere to Royal Bank by the 29th November 2019. When you apply tell us you want to switch.
  • Pay in at least £1500 and log in to Digital or Mobile Banking by 10th January 2020

You won't be eligible for our switching offer:

  • If you've had cashback for switching to us (or NatWest) since October 2017.
  • If we're only able to offer you a Foundation account instead of a Reward Black account. 

Take a look at the full Switching Offer Terms and Conditions (PDF, 28KB)

Great, looks like you're all set and ready to go...

I want to change my...

Switching offer

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

To qualify you must close and switch a current account held elsewhere in to your Royal Bank account. 

Great, looks like you're all set and ready to go.

Switching offer

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

To qualify you must close and switch a current account held elsewhere in to your Royal Bank account. 

Great, looks like you're all set and ready to go.

To get the £150 switching offer you must:

  • Switch in to your Royal Bank account by the 29th November 2019. When you switch you'll need to agree to close your account held elsewhere.
  • Pay in at least £1500 and log in to Digital or Mobile Banking by 10th January 2020

We're sorry but if you've had cashback for switching to us (or NatWest) since October 2017 you won't be eligible for this offer. 

Take a look at the full Switching Offer Terms and Conditions (PDF, 28KB)

Great, looks like you're all set and ready to go.

I know my Digital Banking details...

To get the £150 switching offer you must:

  • Switch an account you hold elsewhere to Royal Bank by the 29th November 2019. When you apply tell us you want to switch.
  • Pay in at least £1500 and log in to Digital or Mobile Banking by 10th January 2020

You won't be eligible for our switching offer:

  • If you've had cashback for switching to us (or NatWest) since October 2017.
  • If we're only able to offer you a Foundation account instead of a Reward Black account. 

Take a look at the full Switching Offer Terms and Conditions (PDF, 28KB)

Great, looks like you're all set and ready to go...

To get the £150 switching offer you must:

  • Switch an account you hold elsewhere to Royal Bank by the 29th November 2019. When you apply tell us you want to switch.
  • Pay in at least £1500 and log in to Digital or Mobile Banking by 10th January 2020

You won't be eligible for our switching offer:

  • If you've had cashback for switching to us (or NatWest) since October 2017.
  • If we're only able to offer you a Foundation account instead of a Reward Black account. 

Take a look at the full Switching Offer Terms and Conditions (PDF, 28KB)

Great, looks like you're all set and ready to go...