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. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
RBS current accounts for April 2024
Earn cashback on your bills and access a wide range of perks with RBS current accounts.
RBS’ current accounts come with all the solid benefits of a big bank, such as safety, a wide range of options you can choose among, enticing rewards and the opportunity to talk things through in person at one of the branches.
The rewards come in return for a monthly fee, but if you’re the person who pays the bills in your household, they can still make a pretty good deal. Like other large banks, RBS regularly offers payments usually between £125-£150 to customers who move their current account over to the bank.
Compare RBS current accounts
1 - 9 of 9
Types of current accounts from RBS
RBS has a full range of current accounts and a particularly extensive offer when it comes to rewards.
Reward and incentive accounts
You can choose among three different RBS rewards accounts that offer cashback on your bills and other perks in return for a monthly fee. Compare reward accounts on our dedicated page if you’d rather go for a fee-free account instead.
Learn more about reward and incentive accountsStudent accounts
Student accounts usually come with great perks, so it’s always a good idea to compare them and make sure you get what you like best. RBS’ student account benefits include an attractive overdraft feature and often seasonal sign-up incentives.
Learn more about student accountsChildren’s accounts
Your children can get an RBS account when they’re as young as 11 – it will help them get an early start at managing their money and also give them a nice little interest rate on their pocket money.
Learn more about children’s accountsBusiness accounts
Whether you’re a start-up or a more established business, RBS offers a range of different accounts to suit different business needs. Choose from a start-up business account that offers no transaction fees for a set time, a straightforward bank account for businesses that have been trading for over a year, and a community account for not-for-profit organisations such as charities and clubs.
Learn more about business accountsRBS customer reviews
In our independent 2024 customer satisfaction survey, 91% of RBS’s users said they’d recommend the brand to a friend. Customers highlighted the bank’s seamless online banking and noted its helpful “human” customer service team. Here’s what some of those RBS customers had to say:
“I have banked with this brand for 20+ years and never had any issues. They take the time to explain new products and I don’t feel pushed into accepting them.”
“The app does everything you could possibly need it to. Even depositing cheques. Everything can be done in one place, including checking your credit score and viewing all of your accounts in one place. Great security too!”
On the Apple App Store, RBS is rated 4.8 out of 5 stars from almost 107,000 reviews. On the Google Play Store, RBS is rated 4.3 out of 5 stars, from 81,700 reviews (February 2024).
Pros and cons of banking with RBS
- Perks. Perks and rewards are kind of RBS’ specialty – available options include cashback on your bills, travel insurance, mobile phone insurance and car insurance (breakdown cover).
- Multiple ways to bank. Whether you’d rather do it all online and never visit a branch in your life, or manage your finances in person or on the phone, RBS has got you covered.
- Mobile banking app. RBS has a clean app that allows you to see all your accounts in one place, including the ones you have with other banks. The app also puts your spending into different categories, helping you to budget.
- Global acceptance. If you bank with RBS you’ll get either a Visa or a Mastercard, so you really don’t have to worry about card acceptance, no matter where you are in the world.
- Round the clock assistance. If you lose your card, or if it’s stolen, you can call RBS 24/7 to get assistance.
- No interest paid on account balances. While RBS can offers some decent perks, unfortunately it doesn’t usually pay interest on account balances.
Opening an account with RBS
To open an account with RBS, you’ll have to provide the following information:
- Your personal details and address history.
- How much you expect to pay in each month.
- Your salary details and any assets you have.
- Your nationality/citizenship.
- Proof of identity (passport, driving licence, EEA or Swiss national identity card).
- Proof of address (utility bill, bank statement).
You can open an RBS account online or by visiting a branch.
Customer service information for RBS
Email support Telephone support In-app or live chat Contact form Branch support Our verdict
RBS doesn’t include interest with its current accounts, but it does offer more unique rewards, such as cashback on bills. Take a closer look at the rewards that are available. Maybe they will be more beneficial than more traditional benefits.
Frequently asked questions
Banking scores
★★★★★ — Excellent★★★★★ — Good★★★★★ — Average★★★★★ — Subpar★★★★★ — PoorFinder scores, in blue, are based on our expert analysis. We also show reviews from users, where we've received more than 10, with a score in yellow. We gather more reviews from customers every year in Finder's customer satisfaction survey.
To find out more, read our full methodology.
Go to siteMore guides on Finder
-
Paying annually vs monthly for car insurance
Annual car insurance premiums can hit your wallet hard; we explore whether paying in monthly instalments is the best solution.
-
How where you park affects your car insurance premiums
Discover the best and worst places to park your car from car insurers’ perspective, and how to keep the cost of car insurance down.
-
Can an advanced driving course reduce my car insurance premiums?
Taking an advanced driving course could improve your driving skills and confidence, and could even save you money on your insurance.
-
How immobilisers impact car insurance
Your car’s security can have an important impact on your insurance premiums; here’s how immobilisers fit into your vehicle’s security suite.
-
Does a dash cam reduce your car insurance?
We investigate the benefits of installing a dash cam in your car, and how it can cut the cost of your car insurance.
-
Monzo introduces 3 new accounts: Extra, Perks and Max
Discover the features and fees you need to know about Monzo’s new paid-for current accounts: Extra, Perks and Max.
-
Gender bias in AI: Is there a problem with representation?
Investigating AI gender bias, we prompted ChatGPT to show images of people in high-powered roles and 99 out of 100 were white men.
-
Bitcoin halving 2024 takes place: What next?
Bitcoin halving 2024 happened on 19 April. We take a look at what’s next for Bitcoin’s price and the crypto market.
-
Women-led firms lag behind in startup funding despite equality drive
The gulf between the amounts received by men vs women from government-backed startup loans has widened, despite calls for more funding for women entrepreneurs.
-
Kroo vs Monzo: Which is the best?
We take a closer look at 2 of the digital banking brands leading the way in the UK. Compare Kroo and Monzo in our side by side guide.
