In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements

RBS Purchase & Balance Transfer Credit Card review

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Royal Bank of Scotland Purchase & Balance Transfer Credit Card
Finder score
Representative example:
When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
0% interest on balance transfers
19 months
0% interest on purchases
19 months
Account fee

Our verdict

To be able to enjoy this impressive 0% deal, you'll need to be an existing RBS customer. The card debt you want to bring across? That'll need to be held outside of the NatWest Group.

The RBS Longer Balance Transfer credit card certainly lives up to its name – offering an extended 19-month 0% period on balance transfers, as well as an introductory 19 months 0% on purchases.

However, you'll need to pay a balance transfer fee, which may negate the benefit of the longer 0% transfer period for those looking to transfer an especially large balance.

You'll also need to transfer the balance within the first 3 months to get the 0% offer, and will only be able to transfer up to 95% of your available credit limit (with a minimum transfer of £100).

There's no annual fee and the representative APR is a healthy 24.9%, which makes it a relatively competitive card even without the longer balance transfer period.

Overall, the RBS Longer Balance Transfer credit card is an option for anyone looking to transfer a balance and wanting as much time as possible to do so. For those looking to transfer a smaller balance, the regular RBS Balance Transfer card may be a better bet, as it charges a smaller fee when you transfer a balance across.


  • No annual fee
  • Over a year to spread the cost of purchases
  • Over a year to focus on reducing existing card debt


  • Minimum annual income requirement of £10,000
  • Don't forget that balance transfer fee! If cutting the interest on existing card debt is your main reason for considering this card, check out no-fee deals first
  • You may be offered an opening credit limit as low as £250


  • No annual fee
  • Over a year to spread the cost of purchases
  • Over a year to focus on reducing existing card debt

In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements


Product Overview

Issuer Royal Bank of Scotland
Network Mastercard
Representative APR 24.9%
Annual/monthly fees £0
Balance transfers 0% for 19 months reverting to 24.9%
Balance transfer fee 2.99%
Purchases 0% for 19 months reverting to 24.9%
Purchases interest-free period Up to 56 days
Money transfers 26.9%
Cash advances 26.9%
Minimum credit limit £250
Maximum credit limit Subject to status
Additional cards available 3
Potential costs 3.5 ★★★★★
Doing its job 4.0 ★★★★★
Extras 4.0 ★★★★★
Overall Finder score 4.0 ★★★★★

Fees and charges

Minimum monthly payment 1% or £5 (whichever is greater) or the total of any interest, default fees and charges, 1/12th of annual fee plus 1% of the outstanding balance; double the amount of that month's interest and any default charges, plus any instalment plan fee(s), plus £1; or the excess over your credit limit after deducting any overdue amounts from previous statements.
Annual/monthly fees £0
Balance transfer fee 2.99%
Money transfer fee 3%
Foreign usage charge (EU) 2.75%
Foreign usage charge (rest of world) 2.75%
Cash advance fee 3% (min. £3)
Late payment fee £12
Duplicate statement fee £3
Exceeding limit fee £12
Additional card fee £0
Dormancy fee £0

Application Requirements

Minimum Age 18
Minimum income £10,000
Availability Available to new customers

The RBS Purchase & Balance Transfer Credit Card is issued on the Mastercard network so it's accepted at more than 50 million merchant locations across more than 210 countries and territories.

Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

Repayment options

You can make manual repayments through Royal Bank of Scotland's app by logging in to your online banking or over the phone (0345 724 2424). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and losing your promotional interest rate as a result (as well as damaging your credit score and incurring the late payment fee of £12). You could use a fixed-amount direct debit to ensure you've cleared your debt before the 0% period expires – simply divide your outstanding balance by 19 to see what you'll need to pay each month (this assumes you don't use the card for additional spending).

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply

If you've compared cards and settled on the RBS Purchase & Balance Transfer Credit Card, you can head over to Royal Bank of Scotland's secure online application to apply. Don't forget, you'll need to be over 18 and a UK resident to apply, with an income of at least 10000. You can request a balance transfer as part of your application.

Frequently asked questions

What credit limit will I get with the RBS Purchase & Balance Transfer Credit Card?

If Royal Bank of Scotland offers you this deal, it will specify a personalised credit limit based on Royal Bank of Scotland's assessment of your situation. The minimum limit offered on this card is £250, and Royal Bank of Scotland does not specify a maximum. Once you've had the card for a while and shown Royal Bank of Scotland you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the RBS Purchase & Balance Transfer Credit Card?

Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (such as withdrawing cash at an ATM, getting cashback at the till, spending at a casino or buying currency) often incur steep fees and/or higher rates of interest.

The cash advance fee on the RBS Purchase & Balance Transfer Credit Card is 3% (min. £3). For example, if you withdraw £50, you'll incur a fee of £3.00. Withdraw £250 and you'll incur a fee of £7.50.

The interest rate on this part of your balance will be 26.9%, which is 8% more than the standard purchase rate (chargeable from the day of the transaction – the card's usual "up to 56 days interest-free" grace period won't apply).

Can I transfer a balance from another RBS-branded card to the RBS Purchase & Balance Transfer Credit Card?

No. RBS doesn't accept balance transfers from credit cards issued through the NatWest group, which (as well as NatWest) includes Ulster Bank, RBS and Coutts.

How much does it cost to use the RBS Purchase & Balance Transfer Credit Card abroad?

Non-sterling transactions are subject to a 2.75% charge. For example, if you spend 200 euros (£171.00), it'll cost you around £4.70 in fees.

Can I transfer money from the RBS Purchase & Balance Transfer Credit Card to a bank account?

Yes. That's what's known as a "money transfer" (rather than a "balance transfer") in credit card jargon. You can arrange this from your online banking or using RBS's app. This part of your card balance will incur interest of 26.9%. The fee for a money transfer is 3%.

Finder credit card scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Our experts score balance transfer cards to determine their value against similar products on the market. We look at a number of important factors, like the length of the balance transfer offer, the balance transfer fee, any restrictions to making a transfer, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.
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