If you are looking for a reliable credit card that has a host of benefits, you may want to look into the Royal Bank of Scotland Reward Credit Card. The RBS Reward Credit Card offers a variety of ways to earn rewards.
For many cardholders, credit cards are worthwhile because of the numerous rewards and exclusive offerings that come with them. Whether you want to redeem your points through cashback offers or simply get a gift certificate or voucher, the RBS Reward Credit Card is designed to provide cardholders with maximum privileges.
Do you want to learn more about what this card has to offer? Check out this article to discover the ways you can earn, redeem, and reduce fees where possible. Skim the highlights now, then return to sections that match your priorities.
Great Rewards & Big Benefits
True to its name, the RBS Reward Credit Card allows cardholders to earn points with every purchase. Spending at the supermarket will get you an equivalent of 1% in rewards points. For all other places, you are entitled to 0.5% rewards.
In addition, you may use the bank’s increased rewards program from time to time, where spends at partner establishments, such as Forever 21 and Europcar, will be rewarded at a rate of up to 15%. Under this, you can gain bonus points and access personalized offers for deals at partner stores with the RBS Reward Credit Card.
Rewards may be redeemed as cashback offers, as vouchers, or directed as donations to charitable institutions. This flexibility lets you align redemption with immediate needs or planned purchases. The choice remains yours each time points accumulate.
Another big benefit of the RBS Reward Credit Card card is that the annual fee of £24 will be refunded if you have a Reward current account. Though that is already a reasonable and rather low annual fee, you can be completely refunded!
Besides this, the Royal Bank of Scotland also highlights its flexible installment plans. These installment 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.
Important Charges to Note
- 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
Traveling with the RBS Rewards Card
Although the RBS Reward Credit Card is not marketed as a travel rewards card, it certainly wouldn’t do too bad with travel. The foreign transaction fee, 2.75%, is actually a bit lower than many other cards. In addition, this card has relatively low fees for going over your limit, so it is a great card to use in the event of costly travel emergencies. Plus, you will still earn the 0.5% rewards on your purchases abroad.
Are You Eligible?
To be eligible, you must be over the age of 18 and be a UK resident who already has a UK bank account. Applicants must also earn at least £10,000 per year to meet the minimum income threshold. These baseline requirements help confirm basic suitability for the product.
To check your eligibility, head to the website and answer a short set of questions in their eligibility checker. The process only takes a few minutes and provides a quick indication of fit. Having basic personal and income details ready helps the check go smoothly.
How to Apply for the RBS Reward Credit Card
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.
If you are approved for this card, you will receive it in the mail within 5-7 business days. This efficient application process lets you start earning sooner!
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.
Conclusion
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 spending. To know more, visit the Royal Bank of Scotland website today.
Disclaimer: All credit products carry risk. Be aware of these risks by reading the associated terms and conditions.
