Banking · Checked against Royal Bank of Scotland’s own page
Royal Bank of Scotland switch offer: £200 for switching to the Select or Reward
Royal Bank of Scotland Select or Reward: £200 switching offer. You must not have held an RBS current account on 6 May 2026, and a previous NatWest Group switch bonus rules you out for good.
£200
switching offer
- Paid within 30 days
Worth knowing
You must not have held an RBS current account on 6 May 2026, and a previous NatWest Group switch bonus rules you out for good.
No commission
What you have to do
- Open an RBS Select or Reward account
- Complete a full switch using the Current Account Switch Service
- Pay in £1,250 within 60 days of the switch completing
- Log in to the RBS mobile app
The details
- Deadline
- 60 days from the switch completing
- Paid
- within 30 days
- Monthly fee
- No monthly fee
- Who can get it
- New and existing customers who did not hold an RBS current account on 6 May 2026. Not eligible if you or anyone on the account has previously received a NatWest Group cash switch incentive, or if you are switching an account from NatWest, Royal Bank of Scotland or Ulster Bank.
- After the bonus
- Select has no monthly fee. Reward is £2 a month and pays up to £5 a month back in Rewards if you meet its own criteria.
- Source
- RBS switch offer page Checked 17 Oct · No commission
How it compares
Joint 6th of 9 by switching bonus, among the switch offers MoneyHQ has checked.
| Account | Bonus | Monthly fee | Pay in | Paid within |
|---|---|---|---|---|
| NatWest Premier Select account | £500 | None | £15,000 | 120 days |
| Barclays Bank Account | £300 | None | £2,000 | Not stated |
| Santander £240 switch offer | £240 | None | £1,500 | Not stated |
| HSBC UK Bank Account | £220 | None | £2,000 | 60 days |
| First Direct 1st Account | £210 | None | £1,000 | Not stated |
| Royal Bank of Scotland Select or Reward (this offer) | £200 | None | £1,250 | 30 days |
Every figure is from each provider's own page, checked on the date shown on that offer. MoneyHQ orders this table by switching bonus alone; commission never changes the order.