Reward Black < £1500 per month - Royal Bank of Scotland

Reward Black < £1500 per month

Royal Bank of Scotland
0 % AER
Headline Interest Rate
£ 125
Switching bonus
  • Overdraft facility
  • Monthly charge £ 31.00*
    • Open by:

This account may be appropriate for you if

  • Your income is at least £ 100,000 per month
  • You are older than 18

Switching bonus

Member of Current Account Switching Service: No
Maximum Switching Bonus: 125
Switching Bonus Conditions: £125.00 switching incentive available when using the Current Account Switch Service to switch before 28th June 2019. The applicant must pay in at least £1,500 and log in to Online or Mobile Banking by 2nd August 2019. Use the debit card at least once a month to receive a further £50 by 30th June 2020. Available to new and existing customers resident in the UK. Terms and conditions apply.
Match Current Overdraft Offer: No

Credit Interest

Annual Interest Paid By Balance:
BalanceAnnual Interest Paid
£ 5000 %
£ 1,0000 %
£ 5,0000 %
£ 10,0000 %
£ 25,0000 %
Headline Interest Rate: 0 % AER
Monthly Reward: £ 0

Overdrafts

Cost of Authorised Overdraft:
ScenarioCost
Overdraft Available: Yes
Authorised Overdraft Rate: % (equivalent to % per month)
Unauthorised Overdraft Rate (APR/EAR): % (equivalent to % per month)
Interest Free Overdraft: First £ 500 is interest free
Overdraft Fees Apply From: overdrawn

Payment options

ATM Card
Cheque Bookoptional
Passbook
Debit CardVisa
Standing Order
Direct Debits

Access and usage

Banking by
Bank
Post
Phone
Internet
Maximum ATM Withdrawal: £ 750

Perks

Preferential rates onsavings, loan, credit card
Prepaid card
Home emergency cover
Extended warranty cover
Airport lounge access
Preferential travellers money rates
Preferential travellers cheque rates
Free life insurance
Free home insurance
Free car insurance
Breakdown cover
Voucher and discount deals
Entertainment deals
Mobile phone cover

Charges

Monthly Fee: £ 31
Potential Monthly Fee - extra info: 0.00
Charges for Unpaid Items: £ 8
Charges for Paid Items: None
Maximum Charges for Unpaid Items: £ 8 per month

Cost Abroad

ATM Charge Europe: £ 2.75 when withdrawing the equivalent of £ 100
ATM Charge World: Free
Debit Card Charge Europe: £ 2.75 when withdrawing the equivalent of £ 100
Debit Card Charge World: £ 2.75 when withdrawing the equivalent of £ 100

Additional Charges

Charge for Replacement Statement: £ 3
Bankers Draft Charge: £ 20
Special Clearance Charge: £ 15
Charge For Cheque Receipts: £ 0
Bankers Reference Charge: £ 10
CHAPS Charge: £ 20
Charges For Cancelled Cheques: £ 0

Moneywise Best Buys

Current Accounts

ProductAER
Lloyds Bank Club Lloyds - Lloyds Bank1.5%
Nationwide FlexDirect - Nationwide Building Society5%
Santander 123 Current Account - Santander1.5%
Tesco Bank Current Account - Tesco Bank1%
Bank of Scotland Vantage - Bank of Scotland1.5%

About the bank

  • Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
  • Banking Licence Held By: Royal Bank of Scotland