RBS credit card points

All you need to know about the Royal Bank of Scotland (RBS) MyRewards scheme, including how to earn points on your credit card, where to redeem and other benefits.

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Chris Lilly

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Izzy Thomas

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Royal Bank of Scotland

RBS runs a scheme called MyRewards through its rewards current accounts and rewards credit cards. You can collect points which can be redeemed for cashback, vouchers or gift cards for partner retailers or charitable donations. This scheme was formerly known as Cashback Plus.

5 rewards points are worth £5.

How do you earn RBS MyRewards?

There are 3 ways you can earn rewards:

  • Earn £4 in Rewards a month. When you set up 2 Direct Debits from your Reward account.
  • Earn £1 in Rewards a month. When you login to your banking app once a month.
  • Earn between 1-15% in Rewards. Use your card to spend at our partner retailers.

How do you redeem RBS MyRewards?

You can choose to redeem your MyReward points as cash back in your bank account or gift cards to spend at an eligible partner retailer.

Your points can be worth even more with the “trade up” rewards feature, offered from time to time for specific partner retailers. For example, £10 worth of MyRewards could be exchanged for a £15 voucher for a particular partner retailer.

Alternatively, you may wish to donate your points to a chosen charity.

Pros and cons

  • Big redeem potential through MyReward “trade up”.
  • Charitable donations option.
  • Depending on the card you choose, you may be able to take advantage of 0% fees on foreign transactions
  • Flexible – choose between cash back, vouchers or donations.
  • Annual fee (although this is refunded if you also have an RBS Rewards current account).
  • Expiry date on vouchers.
  • Relatively high interest rates.

Compare credit cards that earn RBS reward points

Table: sorted by representative APR, promoted deals first
2 of 2 results
Updated daily
Finder Score Purchases Balance transfers Annual/monthly fees Representative APR Key benefit Representative example
Royal Bank of Scotland Reward Credit Card image
6.5Standard
Royal Bank of Scotland Reward Credit Card
6.5Standard
25.9%
25.9%
£24 per year
31% APR (variable)
Earn 1% back at supermarkets and 0.25% back everywhere else, including supermarket petrol stations. At selected retailers, you could earn 1-15% back.
Representative example: Representative 31% APR variable. Based on £24 annual fee, assumed borrowing of £1,200. Rate of interest 25.9% p.a. (variable).
View details
Compare product selection
Royal Bank of Scotland Reward Black Credit Card image
9.4Excellent
Royal Bank of Scotland Reward Black Credit Card
9.4Excellent
21.9%
21.9%
£84 per year
40.7% APR (variable)
Earn 1% back at supermarkets and 0.5% back everywhere else, including supermarket petrol stations. At selected retailers, you could earn 1-15% back.
Representative example: Representative 40.7% APR variable. Based on £84 annual fee, assumed borrowing of £1,200. Rate of interest 21.9% p.a. (variable).
View details
Compare product selection
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Finder Score for credit cards

To make comparing even easier we came up with the Finder Score. Costs, perks and suitability across 120+ cards are all weighted and scaled to produce a score out of 10. The higher the score the better the card – simple.

Read the full methodology

RBS retailer partners for earning and redeeming points

Our “Best for” picks highlight top options in specific categories based on our independent evaluation (see our full methodology), while “Promoted” tags indicate sponsored placements. Selected products may not suit everyone. We track selected market offers, which may not cover every product. Products are listed in no particular order unless specified, and inclusion or ordering may be influenced by popularity or commercial agreements. Most comparison table data is provided by Defaqto or sourced directly from providers. Always evaluate your own circumstances and consider independent advice before making major financial decisions.
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Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

Chris's expertise
Chris has written 502 Finder guides across topics including:
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Senior associate publisher

Izzy Thomas is a senior associate publisher at Finder specialising in credit-based products including credit cards, business loans and personal loans. Izzy has a Masters in Publishing and a Bachelor of Arts in International Business Management. See full bio

Izzy's expertise
Izzy has written 18 Finder guides across topics including:
  • Business and consumer finance
  • Loans & credit cards
  • Building credit
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