Royal Bank of Scotland / RBS Switch Offer

RBS is offering a £200 switch bonus for eligible customers who open a new RBS current account and complete a full switch using the Current Account Switch Service. To qualify, you need to switch from a non-NatWest Group bank, pay in £1,250 within 60 days of the switch completing, and log into the RBS mobile app.

🏦 Offer Overview

Bonus Amount:

• £200 cash bonus

Eligible Accounts:

• RBS Select Account

• RBS Reward Account

Bonus Paid:

• Within 30 calendar days after meeting all requirements.

Offer Ends:

• No fixed end date. RBS says the offer may be changed, replaced or withdrawn at any time.

✅ Eligibility

To receive the £200 switch bonus, you must:

• Be a UK resident.

• Open an RBS Select or Reward account from 6 May 2026.

• Not have held an RBS current account on 6 May 2026.

• Not have previously received a cash switch incentive from RBS, NatWest or Ulster Bank.

• Switch from a current account that is not with RBS, NatWest or Ulster Bank.

• Keep your new RBS account open until the bonus is paid.

📋 How to Qualify

1. Open an eligible RBS Select or Reward current account.

2. Request and complete a full switch using the Current Account Switch Service.

3. Make sure the old account is closed as part of the switch.

4. Within 60 days of your switch completing, pay £1,250 into your new RBS account.

5. Keep the £1,250 in the account for at least 24 hours.

6. Log into the RBS mobile banking app within 60 days of the switch completing.

7. Receive your £200 bonus within 30 calendar days after completing the requirements.

💡 Additional Benefits

• The RBS Select account has no monthly fee.

• The RBS Reward account costs £2 per month and can earn up to £5 a month in Rewards when you meet the monthly conditions.

• RBS current account customers can access the Digital Regular Saver, currently paying 5.25% AER / 5.13% gross variable on balances up to £5,000, with deposits from £1 to £150 per month.

⚠️ Important Notes

• This offer requires a full CASS switch, not a partial switch.

• You do not need any Direct Debits to qualify.

• Money transferred during the switch can count towards the £1,250 pay-in requirement.

• The £1,250 can be paid in through multiple payments.

• The £1,250 must stay in the account for at least 24 hours.

• You cannot qualify by switching from NatWest, RBS or Ulster Bank.

• You will not qualify if you have previously received a cash switch offer from RBS, NatWest or Ulster Bank.

• The bonus is only paid once, even if you open or switch multiple accounts.

• Do not rely on “double dipping” with NatWest, RBS or Ulster Bank, as the official terms exclude customers who have previously received a NatWest Group switch incentive.