Pros and Cons of the RBS Reward Credit Card


Individuals who are looking for a reliable credit card that has a host of benefits, you should look into the RBS Reward Credit Card.

For many cardholders, what makes credit cards worthwhile are the numerous rewards and exclusive offerings that come with them. Whether you want to redeem your points through cashback offers or simply avail of a gift certificate or vouchers, the RBS Reward Credit Card is designed to provide cardholders with maximum privileges.

Ready to see what this card has to offer? Make sure to read until the end to know how you can apply for this credit card.

Features & Benefits

True to its name, the RBS Reward Credit Card allows cardholders to earn points with every eligible spend. Spends at the supermarket will get you an equivalent of 1% in rewards points. For all other places, you are entitled to get 0.5% rewards.

In addition, you may also avail of the bank’s increased rewards program from time to time, where spends at partner establishments such as Forever 21 will be rewarded. Under this, you can gain bonus points and access personalized offers up to 15% at participating establishments.

You may use these rewards to redeem cashback offers, vouchers, or use these to donate to charitable institutions.

Besides this, the Royal Bank of Scotland also highlights its flexible instalment plans. These instalment plans cater to individuals who intend to make purchases between £300 and £3,000. Through this program, cardholders may pay for their big-ticket items from 6 to 24 months.

RBS Reward Credit Card Pros

One of the major pros of this credit card is obviously its rewards system. Not only can you earn cashback on everyday purchases; you can also earn extra for doing things like shopping at the supermarket. You will also enjoy a very low and reasonable annual fee of just £24.

RBS Reward Credit Card Cons

The only downside to availing these instalment plan offers is that these have to be coursed through online channels. Instalment plans may only be set up through the bank’s mobile application. However, only qualified individuals will be approved for this feature.


To be eligible, you must be over the age of 18 and be a UK resident who already has a UK bank account. Moreover, you must also be earning at least £10,000 per year.

To check your eligibility, just head to the website, and answer the following questions on their eligibility checker. This will only take a few minutes.

How to Apply

To apply, feel free to jumpstart the online application found at the RBS website. This will only take around 10 minutes and will instantly give you an update on your application within 5 minutes. Under this, you can simply fill out the necessary personal information, such as your name, date of birth, nationality, mobile number, and email address.

The Royal Bank of Scotland may ask for additional information. These include details of your addresses for the past three years. You must also provide your employment and salary information, as well as your outgoing monthly expenses. If approved, the assumed credit limit is £1,200, although each individual’s limit is subject to change due to conditions and circumstances.

APR & Charges

  • Annual Fee – £24
  • APR – 23.7% to 33.1% (variable)
  • Cash Fee – 3% handling fee
  • Foreign Usage Fee – 2.75%
  • Late Payment – £12
  • Over Limit Fee – £12

Bank Address & Contact Details

For inquiries and other concerns, you may call the bank at 0370 907 0010 24 hours a day, 7 days a week. You may also course your queries and feedback to the bank’s head office located at 36 St. Andrew Square, Edinburgh EH2 2YB.


The RBS Reward Credit Card offers a wide range of rewards aimed to maximize cardholder privileges. This card is best for individuals who are buying big-ticket purchases or those who prefer to save on everyday spends. To know more, visit the Royal Bank of Scotland website today.


Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.