RBS Current Account Deal – £175 to Switch and Stay

£175 + 2% bill cashback when you switch and stay

Updated: August 7, 2022
Matt Crabtree

Written By

Matt Crabtree

CompareBanks is reader-supported. When you click through some links on our site, we may earn an affiliate commission. Learn more
RBS Current Account Deal – £175 to Switch and Stay

Key offer details

RBS Current Account Switch Deal – £175 Free and 2% back on your bills

  • RBS (and Natwest) are giving £175 to those who switch and stay with them and are new customers.
  • You'll also be able to get 2% cashback on your bill payments with some accounts.
  • This offer applies to their Everyday bank account (free) and Reward bank accounts (paid).
  • There are three different Reward Current Accounts that offer 2% back in rewards as well as various other incentives. Fees vary from £2 per month to £20 per month depending on the account you choose.
  • You’ll also have to deposit at least £1,500 into your new account and access their digital or mobile bank by 2nd August 2019.
  • Once you meet the criteria, you’ll have your £150 deposited into your account and £50 extra if you're still with the bank by June 2020.
  • If you’ve previously used an RBS or NatWest switching offer (since October 2017) you’ll not be eligible.

How long does this deal last?

To be eligible, you must switch, pay in £1,500+ and sign in to your account online by 2nd August 2019.

Is the RBS Current Account switch deal for me?

If you want options with your current account this represents good value. You can choose from a free account or a paid reward account, which can over offer 2% cashback on certain rewards, as well as free insurance and other discounts. If you can deposit at least £1500 into the account, there are few incentives as good as this one.

https://personal.rbs.co.uk/personal/current_accounts.html

Mentioned Banks

NatWest, or National Westminster, is a retail and commercial bank based in the United Kingdom. It is one of the ‘Big Four’ UK clearing banks and has more than 7.5million personal banking...
Learn More
About RBS RBS, or Royal Bank of Scotland, is a retail banking subsidiary of the Royal Bank of Scotland Group. The Group’s other retail subsidiaries are NatWest and Ulster Bank....
Learn More