Royal Bank of Scotland

Royal Bank of Scotland (RBS) is one of the largest banks in the UK, and was founded in 1727. It was established in its current form in 1969, following a merger with the National Commercial Bank of Scotland.

RBS is the main brand of Royal Bank of Scotland Group, which has its headquarters in Edinburgh. It is listed on the London Stock Exchange and is a member of the FTSE 100.

RBS offers the full range of banking products, from current and savings accounts to personal loans, mortgages and credit cards. It also offers a range of insurance products.

As well as the RBS brand, the Royal Bank of Scotland group also owns Natwest and Ulster Bank. 

Royal Bank of Scotland
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Bank accounts

Ranked 29th of 30 providers reviewed.

Customer happiness score 47.75%
Customer trust score 42.94%
Complaints performance 60.46%
Transparency rating 76.36%
Fairer Finance score
Reviewed Autumn 2023
57%

Credit cards

Ranked 27th of 34 providers reviewed.

Customer happiness score 50.66%
Customer trust score 45.52%
Complaints performance 60.79%
Transparency rating 62.84%
Fairer Finance score
Reviewed Autumn 2023
55%

Home insurance (building and contents)

Ranked 28th of 46 providers reviewed.

Customer happiness score 46.23%
Customer trust score 46.7%
Complaints performance 77.06%
Transparency rating 79.91%
Fairer Finance score
Reviewed Autumn 2023
63%

Mortgages

Ranked 19th of 23 providers reviewed.

Customer happiness score 48.25%
Customer trust score 46.25%
Complaints performance 74.62%
Transparency rating 60.23%
Fairer Finance score
Reviewed Autumn 2023
57%
Gold ribbon: first place

Personal loans

Ranked 9th of 27 providers reviewed.

Customer happiness score 62.63%
Customer trust score 53.54%
Complaints performance 60.43%
Transparency rating 78.24%
Fairer Finance score
Reviewed Autumn 2023
64%

Savings Accounts

Ranked 44th of 53 providers reviewed.

Customer happiness score 49.43%
Customer trust score 49.43%
Complaints performance 60.43%
Transparency rating 74.39%
Fairer Finance score
Reviewed Autumn 2023
58%

Bank accounts

Basic bank accounts

Royal Bank of Scotland

Foundation Account

5 stars
Cash withdrawal fee in UK (own bank) i £0.00
Annual fee i £0.00
Part of FSCS i
Bankers draft/cheque fee i £20.00
Unpaid transaction fee i £0.00
Faster Payment limit i £20,000.00
Maximum cash machine withdrawal per day i £300.00
Can you use your card to pay for items overseas? i

Current accounts

5 stars
Annual fee i £24.00
Maximum cash machine withdrawal per day i £300.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i
2 stars
Annual fee i £0.00
Maximum cash machine withdrawal per day i £250.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

Foreign use bank accounts

Royal Bank of Scotland

Premier Reward Black

3 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Royal Bank of Scotland

Reward Silver

3 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Royal Bank of Scotland

Reward Platinum

3 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Royal Bank of Scotland

Foundation Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Royal Bank of Scotland

Premier Reward Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Royal Bank of Scotland

Premier Select Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals
1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals
1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Royal Bank of Scotland

Student bank account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Overdrafts

Royal Bank of Scotland

Premier Select Account

4 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £500.00
Arranged overdraft interest rate (representative EAR) i 19.49%

Royal Bank of Scotland

Premier Reward Black

4 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £500.00
Arranged overdraft interest rate (representative EAR) i 19.49%
1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 39.49%
1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 39.49%

Royal Bank of Scotland

Reward Silver

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 39.49%

Royal Bank of Scotland

Reward Platinum

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 39.49%

Royal Bank of Scotland

Premier Reward Account

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 39.49%

Premium bank accounts

Royal Bank of Scotland

Reward Platinum

4 stars
Add-ons, cashback and rewards i £5/month rewards (requires at least two direct debits of at least £2 each and one mobile app login), AWP worldwide travel insurance (including winter sports), UK breakdown insurance provided by the AA, AIG phone insurance, Tastecard, up to 40% off cinema tickets
Part of FSCS or international equivalent i

Royal Bank of Scotland

Reward Silver

2 stars
Add-ons, cashback and rewards i £5/month rewards (requires at least two direct debits of at least £2 each and one mobile app login), AWP European travel insurance (including winter sports) for holder and family, AIG phone insurance, Tastecard, up to 40% off cinema tickets
Part of FSCS or international equivalent i

Student bank accounts

Royal Bank of Scotland

Student bank account

4 stars
Arranged overdraft limit i £2,000 (£500 in first term)
Tiered repayment of overdraft i
Switching / sign up incentive i

Business Credit Cards

Everyday Business Credit Cards

Royal Bank of Scotland

Business Credit Card Mastercard

2 stars
Representative APR i 24.3%
Annual fee in first year i £30.00
Using card in Europe charge i 2.95%
Using card worldwide charge i 2.95%

Foreign Use Business Credit Cards

Royal Bank of Scotland

Business Plus Credit Card Mastercard

4 stars
Using card in Europe charge i 0%
Using card worldwide charge i 0%
Annual fee in first year i £70.00
Representative APR i 29%
Rewards i Get 0.5% cashback on every purchase, Limited to £400 per year, 2% on eligible trade/business suppliers and 1% on eligible fuel and accommodation.

Royal Bank of Scotland

Business Credit Card Mastercard

3 stars
Using card in Europe charge i 2.95%
Using card worldwide charge i 2.95%
Annual fee in first year i £30.00
Representative APR i 24.3%
Rewards i

Reward Business Credit Cards

Royal Bank of Scotland

Business Plus Credit Card Mastercard

1 stars
Rewards i Get 0.5% cashback on every purchase, Limited to £400 per year, 2% on eligible trade/business suppliers and 1% on eligible fuel and accommodation.
Annual Purchase Rate i 13.9%
Annual fee in first year i £70.00
Annual fee after first year i £70.00
Representative APR i 29%
Annual cash withdrawal rate i 13.9%
Using card Europe charge i 0%
Using card worldwide charge i 0%

Children's Accounts

Children's Bank Accounts

Royal Bank of Scotland

Child and Teen account

Minimum Age i 11
Interest Rate (AER) First Tier i 2.7%
Maximum Balance First Tier of Interest Covers i Total Balance
Maximum Age i 17
Interest Rate (AER) Second Tier i
Maximum Balance Second Tier of Interest Covers i
Interest Rate (AER) Third Tier i
Maximum Balance Third Tier of Interest Covers i
Maximum Cash Withdrawal i £130.00
Ability to freeze or report a card lost via app? i
Rewards i
Additional information i No specific app for children. Accounts for 11 and 12 year olds can only be opened over the phone or at certain branches with a tablet.
Cash Transaction Fee i 0%
Cash Withdrawal Fee i £0.00
Card Delivery Fee i £0.00
Replacement Card Fee i £0.00
Foreign Cash Withdrawal Fee i 2.75%
Foreign Transaction Fee i 2.75%

Children's Savings Accounts

Account Type i Easy Access
Interest Rate (AER) i 2.7%
Minimum Opening Balance i £0.00
Maximum Balance i Unlimited
Notice Period i
Fixed Term Length i
Minimum Age to Open Account i 0
Maximum Age i 16
Withdrawal Penalty i In-branch withdrawals are exclusively available for children aged 11 and under.
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Credit cards

0% balance transfer credit cards

Royal Bank of Scotland

Balance Transfer Credit Card

4 stars
Duration of 0% balance transfer offer period i 13 months
Balance transfer fee during promotional period i 0%
Representative APR i 24.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 0%
Representative balance transfer rate i 1.873%
Risk based? i

Royal Bank of Scotland

Purchase and Balance Transfer Credit Card

3 stars
Duration of 0% balance transfer offer period i 19 months
Balance transfer fee during promotional period i 2.99%
Representative APR i 24.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2.99%
Representative balance transfer rate i 1.873%
Risk based? i

Royal Bank of Scotland

Longer Balance Transfer Credit Card

2 stars
Duration of 0% balance transfer offer period i 23 months
Balance transfer fee during promotional period i 3.49%
Representative APR i 24.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.873%
Risk based? i

0% purchase credit cards

Royal Bank of Scotland

Purchase and Balance Transfer Credit Card

5 stars
Duration of purchases offer period i 19 months
Representative APR i 24.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.873%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Royal Bank of Scotland

Balance Transfer Credit Card

3 stars
Duration of purchases offer period i 3 months
Representative APR i 24.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.873%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Royal Bank of Scotland

Longer Balance Transfer Credit Card

3 stars
Duration of purchases offer period i 3 months
Representative APR i 24.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.873%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Cashback and reward credit cards

1 stars
Reward extras i
Representative APR i 31%
Risk based? i
Annual fee in first year i £24.00
Annual fee after first year i £24.00
Foreign purchase fee i 2.75%

Royal Bank of Scotland

Reward Black

1 stars
Reward extras i
Representative APR i 40.7%
Risk based? i
Annual fee in first year i £84.00
Annual fee after first year i £84.00
Foreign purchase fee i 0%

Foreign use credit cards

Royal Bank of Scotland

Reward Black

3 stars
Foreign purchase fee i 0%
Foreign withdrawal fee i 3%
Representative APR i 40.7%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.663%

Royal Bank of Scotland

Royal Bank Credit Card

3 stars
Foreign purchase fee i 0%
Foreign withdrawal fee i 3%
Representative APR i 12.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.016%

Royal Bank of Scotland

Longer Balance Transfer Credit Card

1 stars
Foreign purchase fee i 2.75%
Foreign withdrawal fee i 3%
Representative APR i 24.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.873%

Royal Bank of Scotland

Purchase and Balance Transfer Credit Card

1 stars
Foreign purchase fee i 2.75%
Foreign withdrawal fee i 3%
Representative APR i 24.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.873%

Royal Bank of Scotland

Balance Transfer Credit Card

1 stars
Foreign purchase fee i 2.75%
Foreign withdrawal fee i 3%
Representative APR i 24.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.873%
1 stars
Foreign purchase fee i 2.75%
Foreign withdrawal fee i 3%
Representative APR i 31%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.937%

Low rate credit cards

Royal Bank of Scotland

Royal Bank Credit Card

3 stars
Representative APR i 12.9%
Highest APR i 18.9%
Representative purchase rate i 1.016%
Risk based? i
Representative balance transfer rate i 1.016%
Representative money transfer rate i 2.005%

Money transfer credit cards

Royal Bank of Scotland

Longer Balance Transfer Credit Card

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 24.9%
Risk based? i
Representative cash transaction interest rate i 2.005%

Royal Bank of Scotland

Purchase and Balance Transfer Credit Card

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 24.9%
Risk based? i
Representative cash transaction interest rate i 2.005%

Royal Bank of Scotland

Royal Bank Credit Card

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 12.9%
Risk based? i
Representative cash transaction interest rate i 2.005%
1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 31%
Risk based? i
Representative cash transaction interest rate i 2.005%

Royal Bank of Scotland

Reward Black

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 40.7%
Risk based? i
Representative cash transaction interest rate i 2.005%

Royal Bank of Scotland

Balance Transfer Credit Card

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 24.9%
Risk based? i
Representative cash transaction interest rate i 2.005%

Home emergency cover

Royal Bank of Scotland

Premier Home Emergency (HNW)

5 stars
Home Security Cover i
Home Emergency Cover limit i £1,500.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £250.00
Unoccupied period i Not Mentioned
Claims limit i Unlimited

Royal Bank of Scotland

Premier Home Emergency

4 stars
Home Security Cover i
Home Emergency Cover limit i £1,500.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £500.00
Unoccupied period i 60
Claims limit i Unlimited

Royal Bank of Scotland

Premier Reward Black Account Home Emergency

4 stars
Home Security Cover i
Home Emergency Cover limit i £750.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-ON
Alternative Accommodation Cover i £250.00
Unoccupied period i 60
Claims limit i Unlimited

Royal Bank of Scotland

Home Emergency (Elite Home)

3 stars
Home Security Cover i
Home Emergency Cover limit i £500.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £250.00
Unoccupied period i 60
Claims limit i Unlimited

Royal Bank of Scotland

Home Emergency (Standard Home)

3 stars
Home Security Cover i
Home Emergency Cover limit i £500.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £250.00
Unoccupied period i 60
Claims limit i Unlimited

Home insurance (building and contents)

Royal Bank of Scotland

Elite Home Insurance

4 stars
Theft from outbuildings i £5,000.00
Coverage limit for cycles within the home i Sum insured
Matching sets (contents) i
Alternative accommodation cover limit for buildings i £50,000.00
Protection against inflation (Buildings)
Buildings cover limit i Unlimited
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i Sum insured
Contents cover limit i £100,000.00
Money in the home i £1,000.00
Visitor's possessions i £1,000.00
Office equipment i £10,000.00
Alternative accommodation cover limit for contents i £30,000.00
Escape of water excess (minimum) i £450.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £26.40
Contents compulsory excess i £50.00
Flood excess i £50.00
Property owner liability i £5,000,000.00
Liability to domestic employees i £10,000,000.00
Liability as a tenant i £10,000.00
Replace belongings new for old i

Royal Bank of Scotland

Home Insurance

3 stars
Theft from outbuildings i £2,500.00
Coverage limit for cycles within the home i Sum insured
Matching sets (contents) i
Alternative accommodation cover limit for buildings i £25,000.00
Protection against inflation (Buildings)
Buildings cover limit i £1,000,000.00
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i Sum insured
Contents cover limit i £50,000.00
Money in the home i £500.00
Visitor's possessions i £500.00
Office equipment i £5,000.00
Alternative accommodation cover limit for contents i £15,000.00
Escape of water excess (minimum) i £450.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £26.40
Contents compulsory excess i £50.00
Flood excess i £50.00
Property owner liability i £2,000,000.00
Liability to domestic employees i £5,000,000.00
Liability as a tenant i £5,000.00
Replace belongings new for old i

Buildings insurance

Royal Bank of Scotland

Elite Home Insurance

4 stars
Matching sets (Buildings) i
Escape of water excess (minimum) i £450.00
Buildings compulsory excess i £50.00
Escape of water excess i
Unoccupied period i 60.00 days
Helpline i
Cancellation fee after 14 days (buildings) i £26.40
Amendment fee (telephone) i £0.00
Property owner liability i £5,000,000.00

Royal Bank of Scotland

Home Insurance

3 stars
Matching sets (Buildings) i
Escape of water excess (minimum) i £450.00
Buildings compulsory excess i £50.00
Escape of water excess i
Unoccupied period i 60.00 days
Helpline i
Cancellation fee after 14 days (buildings) i £26.40
Amendment fee (telephone) i £0.00
Property owner liability i £2,000,000.00

Contents insurance

Royal Bank of Scotland

Elite Home Insurance

4 stars
Matching sets (contents) i
Theft from outbuildings i £5,000.00
Windspeed (mph) i Not Defined
Property owner liability i £5,000,000.00

Royal Bank of Scotland

Home Insurance

3 stars
Matching sets (contents) i
Theft from outbuildings i £2,500.00
Windspeed (mph) i Not Defined
Property owner liability i £2,000,000.00

Investing and pensions

Ready-made General Investment Accounts

Royal Bank of Scotland

Royal Bank of Scotland Portfolio

4 stars
Cost (Year 1) i £310.00
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Does the provider have a mobile app?
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £0.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00

Ready-made Junior ISAs

Royal Bank of Scotland

Royal Bank of Scotland Portfolio

4 stars
Cost (Year 1) i £310.00
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £0.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00
Does the provider have a mobile app?

Ready-made Personal Pensions

Royal Bank of Scotland

Royal Bank of Scotland Portfolio

4 stars
Cost (Year 1) i £620.00
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £0.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00
Does the provider have a mobile app?

Ready-made Stocks and Shares ISAs

Royal Bank of Scotland

Royal Bank of Scotland Portfolio

4 stars
Cost (Year 1) i £310.00
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £0.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £0.00
Charge for transferring cash to another platform i £0.00
Is there a mobile app?

Life insurance

Over 50s life insurance

Royal Bank of Scotland

Guaranteed Sixty-Plus Life Insurance (increasing insurance)

2 stars
Age when premiums stop i 90
Cover for accidental death in waiting period i 300%
How long after policy is started can full benefits be claimed? i 24 months
Cover type (level or increasing) i Increasing
Signing up incentive i £100 Gift Card
Minimum age i 60
Maximum age i 80
Cover for non-accidental death in waiting period (% of premiums paid) i 150%
Payout for accidental death outside waiting period i 100%
How much for terminal illness benefit? i £0.00
How much will be paid for serious illness? i £0.00
Can you reduce monthly payments? i
If a payment is missed, how long until the policy is cancelled? i 30 days
Does the policy offer the customer a proportionate amount of money back if they choose to cancel after paying 50% or more of the scheduled monthly payments? i
Rate used to calculate increasing cover i RPI
Discount offered with a funeral provider? i
Funeral benefit option provider i

Royal Bank of Scotland

Guaranteed Sixty-Plus Life Insurance (level insurance)

2 stars
Age when premiums stop i 90
Cover for accidental death in waiting period i 300%
How long after policy is started can full benefits be claimed? i 24 months
Cover type (level or increasing) i Level
Signing up incentive i £100 Gift Card
Minimum age i 60
Maximum age i 80
Cover for non-accidental death in waiting period (% of premiums paid) i 150%
Payout for accidental death outside waiting period i 100%
How much for terminal illness benefit? i £0.00
How much will be paid for serious illness? i £0.00
Can you reduce monthly payments? i
If a payment is missed, how long until the policy is cancelled? i 30 days
Does the policy offer the customer a proportionate amount of money back if they choose to cancel after paying 50% or more of the scheduled monthly payments? i
Rate used to calculate increasing cover i
Discount offered with a funeral provider? i
Funeral benefit option provider i

Personal loans

Royal Bank of Scotland

Existing Customer Personal Loan

Representative APR (on £5,000 loan, 36 month term) 9.9%
Unpaid Repayment Fee i £0.00
Early settlement fee (Days interest) 58 days
Available to new customers? i
Eligibility checker
Minimum borrowing amount £1,000.00
Maximum borrowing amount £50,000.00
Minimum borrowing length 12 months
Maximum borrowing length 96 months

Royal Bank of Scotland

Home Improvement Loan

Representative APR (on £5,000 loan, 36 month term) 9.9%
Unpaid Repayment Fee i £0.00
Early settlement fee (Days interest) 58 days
Available to new customers? i
Eligibility checker
Minimum borrowing amount £1,000.00
Maximum borrowing amount £50,000.00
Minimum borrowing length 12 months
Maximum borrowing length 120 months

Pet insurance

Cat insurance

Royal Bank of Scotland

Premier Pet Insurance

4 stars
Type of cover i Lifetime, annual
Medical cover limit i £8,000.00
Medical excess i Variable
Annual policy limit i £8,000.00
Annual condition limit i
Lifetime policy limit i Unlimited
Lifetime condition limit i
Dental cover (if due to an accident) i £500.00
Cruciate ligament damage i £8,000.00
CT scans i £8,000.00
MRI scans i £8,000.00
Prescribed food i £250.00
Complementary treatment i £1,000.00
Boarding fees limit i £1,000.00
Death benefit (illness) i £1,500.00
Euthanasia cover limit i £100.00
Cremation i £0.00
Holiday cancellation i £5,000.00
Holiday cover i £8,000.00
Quarantine costs cover i £2,000.00
Loss of PETS passport or other travel documents i £250.00
Emergency expenses abroad i £500.00
Maximum number of days abroad i
Age when compulsory excess rises i 7 years
Cancellation fee i £0.00
Amendment fee i £0.00
If renewed, are existing conditions covered? i

Dog insurance

Royal Bank of Scotland

Premier Pet Insurance

4 stars
Type of cover i Lifetime, annual
Medical cover limit i £8,000.00
Medical excess i Variable
Annual policy limit i £8,000.00
Annual condition limit i
Lifetime policy limit i Unlimited
Lifetime condition limit i
Dental cover (if due to an accident) i £500.00
Cruciate ligament damage i £8,000.00
CT scans i £8,000.00
MRI scans i £8,000.00
Prescribed food i £250.00
Complementary treatment i £1,000.00
Euthanasia cover limit i £100.00
Cremation i £0.00
Age when compulsory excess rises i 7 years
Amendment fee i £0.00
Holiday cancellation i £5,000.00
Holiday cover i £8,000.00
If renewed, are existing conditions covered? i

Savings Accounts

1 Year Fixed Rate Accounts

Royal Bank of Scotland

1 Year Fixed Term Savings Account Issue 218

Interest Rate (AER) i 4.3%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be paid into a fixed term account with similar terms.
Part of FSCS i
Maximum Balance i £5,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i Earlier access will close the account with 35 days notice that will incur an early closure charge of 90 days interest.

2 Year Fixed Rate Accounts

Royal Bank of Scotland

2 Year Fixed Term Savings Account Issue 219

Interest Rate (AER) i 3.8%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be paid into a fixed term account with similar terms.
Part of FSCS i
Maximum Balance i £5,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i This product will be linked for new and existing current account customers.
Can you make early withdrawals? i
Withdrawal Penalty i Earlier access will close the account and 35 days notice will incur an early closure charge of 90 days interest.

Easy Access Accounts

Royal Bank of Scotland

Flexible Saver

Interest Rate (AER) i 2.25%
Minimum Opening Balance i £0.00
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must be a current account customer
Penalty free withdrawals? i
Additional Information i

Regular Savers

Royal Bank of Scotland

Digital Regular Saver

Interest Rate (AER) i 6.17%
Maximum Balance i Unlimited
Withdrawal Penalty i
Minimum Monthly Investment i £1.00
Maximum Monthly Investment i £150.00
Minimum Opening Balance i £0.00
Minimum Age to Open Account i 16
Sharia Account i
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must have or open a current account with RBS.
Notice Period i
Fixed Term Length i
Additional Information i 1.00% paid on portion over £5K. Regular standing order must be set up upon opening for any amount between £1 - £150. Money can be added from Round Ups (available to eligible customers) and this does not count towards the £150 maximum deposit limit.

Savings Accounts (ISAs)

1 Year Fixed Rate ISAs

Royal Bank of Scotland

1 Year Fixed Rate ISA Issue 342

Interest Rate (AER) i 4.2%
Minimum Opening Balance i £1,000.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Withdrawals available until 16/12/2022, after that date early closure will be charged the lower amount of interest earned or 90 days interest.
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

2 Year Fixed Rate ISAs

Royal Bank of Scotland

2 Year Fixed Rate ISA Issue 343

Interest Rate (AER) i 3.8%
Minimum Opening Balance i £1,000.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Withdrawals available until 16/12/2022, after that date early closure will be charged the lower amount of interest earned or 90 days interest.
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Easy Access ISAs

Royal Bank of Scotland

Instant Access ISA

Interest Rate (AER) i 1.75%
Minimum Opening Balance i £0.00
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Travel insurance

Annual multi-trip insurance

4 stars
Medical excess i £75.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £1,500.00
Cancelling before travel cover limit i £5,000.00
Emergency medical cover and repatriation cover limit i £10,000,000.00
Mental health cover i
Personal money i £500.00
Combined passport & travel documents cover limit i £750.00
Cutting trip short (curtailment) cover limit i £5,000.00
Abandoning your trip (abandonment) cover limit i £5,000.00
Natural disaster relocation cover i
Max trip duration i 31 days
4 stars
Medical excess i £75.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £2,500.00
Cancelling before travel cover limit i £10,000.00
Emergency medical cover and repatriation cover limit i £10,000,000.00
Mental health cover i
Personal money i £500.00
Combined passport & travel documents cover limit i £750.00
Cutting trip short (curtailment) cover limit i £10,000.00
Abandoning your trip (abandonment) cover limit i £10,000.00
Natural disaster relocation cover i
Max trip duration i 90 days
4 stars
Medical excess i £75.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £1,500.00
Cancelling before travel cover limit i £5,000.00
Emergency medical cover and repatriation cover limit i £10,000,000.00
Mental health cover i
Personal money i £500.00
Combined passport & travel documents cover limit i £750.00
Cutting trip short (curtailment) cover limit i £5,000.00
Abandoning your trip (abandonment) cover limit i £5,000.00
Natural disaster relocation cover i
Max trip duration i 22 days

Single trip insurance

4 stars
Cancelling before travel cover limit i £5,000.00
Medical excess i £75.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £1,500.00
Cutting trip short curtailment cover limit i £5,000.00
Missed departure cover limit i £1,000.00
Abandoning your trip (abandonment) cover limit i £5,000.00
Emergency medical cover and repatriation cover limit i £10,000,000.00
Personal money i £500.00
Combined passport & travel documents limit i £750.00
4 stars
Cancelling before travel cover limit i £5,000.00
Medical excess i £75.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £1,500.00
Cutting trip short curtailment cover limit i £5,000.00
Missed departure cover limit i £1,000.00
Abandoning your trip (abandonment) cover limit i £5,000.00
Emergency medical cover and repatriation cover limit i £10,000,000.00
Personal money i £500.00
Combined passport & travel documents limit i £750.00
4 stars
Cancelling before travel cover limit i £10,000.00
Medical excess i £75.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £2,500.00
Cutting trip short curtailment cover limit i £10,000.00
Missed departure cover limit i £1,000.00
Abandoning your trip (abandonment) cover limit i £10,000.00
Emergency medical cover and repatriation cover limit i £10,000,000.00
Personal money i £500.00
Combined passport & travel documents limit i £750.00

Travel insurance add-on: winter sports

2 stars
Ski equipment owned cover limit i £400.00
Single owned item cover limit i £0.00
Cover limit for hire of ski equipment due to loss/damage/delay to own equipment i £200.00
Avalanche closure cover limit i £200.00
Piste closure cover limit i £930.00
Ski equipment owned excess i £75.00
Ski equipment hired i £400.00
Single item limit for hired equipment i £0.00
Unused ski pass due to illness or injury i £250.00
2 stars
Ski equipment owned cover limit i £400.00
Single owned item cover limit i £0.00
Cover limit for hire of ski equipment due to loss/damage/delay to own equipment i £200.00
Avalanche closure cover limit i £200.00
Piste closure cover limit i £930.00
Ski equipment owned excess i £75.00
Ski equipment hired i £400.00
Single item limit for hired equipment i £0.00
Unused ski pass due to illness or injury i £150.00
2 stars
Ski equipment owned cover limit i £400.00
Single owned item cover limit i £0.00
Cover limit for hire of ski equipment due to loss/damage/delay to own equipment i £200.00
Avalanche closure cover limit i £200.00
Piste closure cover limit i £660.00
Ski equipment owned excess i £75.00
Ski equipment hired i £400.00
Single item limit for hired equipment i £0.00
Unused ski pass due to illness or injury i £150.00