Your transactions will be put into spending categories in the app to give you a detailed view of where your money is being spent each month.
10/11/2020
RBS’s Select Account is ideal for day-to-day current account. Benefits include:
Compare current accounts to see how RBS perform against their competitors.
Alongside their Select Current Account, RBS also offers accounts that might be better tailored to your personal needs.
For a £2 monthly fee, you can have an RBS current account that comes with extra benefits. To be eligible, you must be 18 or older and a UK resident. You also need to pay at least £1,250 into your account each month. Benefits include:
For £10 a month, you’ll get all the benefits listed above, plus:
For a £20 monthly fee, you’ll get all the benefits of RBS’ Rewards account, Rewards Silver account, plus:
This account is designed to help those aged 11-18 get a head start on money management. There’s no monthly fee and it includes:
A current account that’s tailored to students. To be eligible, you must be at least 17 years old, live in the UK, be a full-time undergraduate student on at least a 2 year course at a UK university or college or you must be completing a full-time postgraduate/nursing course lasting a year or more. You can only apply within 6 months of your course start date. To be eligible for an overdraft, you need to be 18 or older and have lived in the UK for 3 or more years. This account is free for UK students and £10 a month for international students. Perks include:
If you’re applying for one of RBS’ current accounts, you may be offered their Foundation Account if they think it’s more suitable for you. You can’t apply for it directly. It’s banking in its simplest form and is designed to help you manage your money. There’s no monthly fee and it comes with:
RBS also offers Premier banking, offering enhanced accounts, insurance cover, access to products that help you grow and protect your wealth, special offers, plus RBS’s Premier Banking team will be on hand when you need them. To be eligible for RBS’s premier services, you must be 18 or older, live in the UK and meet one of the following criteria:
They offer three Premier Accounts:
Yes, you can open as many RBS current accounts as you like. However, you should always check out the competition and you need to be wary of opening multiple accounts just to benefit from features such as overdrafts.
You can open an RBS current account either online or by visiting your local branch. During the application, you’ll be asked to provide details about your job and address etc. You’ll also need to provide proof of your identity and address. Once they’ve received and accepted your application, you’ll be sent your new debit card in the post. You’ll be able to start using online banking instantly.
Representative example
A variable representative rate of 39.49% APR
A variable interest rate of 39.49% EAR
Based on borrowing £1,200
As an example, if you were to borrow £500, the interest cost would be £3.24 for 7 days, £13.87 for 30 days, £28.13 for 60 days.
Yes. RBS’s mobile app makes everyday banking easier. Highlights of the Royal Bank app include:
I like my Bank of Scotland Current Account as it is easy to access at all times and the customer service is very reasonable. I often recommend them to other people as they really are open and transparent and know how to look after their customers well.
I like my Bank of Scotland Current Account as it is easy to access at all times and the customer service is very reasonable. I often recommend them to other people as they really are open and transparent and know how to look after their customers well.