Approval for any credit card will depend 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.
The Royal Bank Credit Card review 2023
Existing RBS customers can keep interest lows while avoiding fees when travelling with an RBS credit card.
The imaginatively-named Royal Bank Credit Card is a handy card to carry both at home and abroad – having low rates, no annual fee and no fees for foreign transactions.
Finder rating: ★★★★★
12.9%
Representative APR
0%
Balance transfer fee
0%
Foreign transaction charge
£0
Account fee
Details
Issuer | Royal Bank of Scotland |
---|---|
Network | Mastercard |
Annual/monthly fees | £0 |
Balance transfers | 12.9% |
Balance transfer fee | 0% |
Purchases | 12.9% |
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 |

Review by
Chris Lilly
chris.lilly@finder.comChris Lilly is a publisher 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.
Expert review
A very respectable option for people who don’t really want to have to think about their credit card, this deal is all about versatility and value over the long run.
You won’t find any headline-grabbing introductory 0% deals here – which is great if you don’t want the hassle of having to remember to switch cards after an introductory offer expires. Instead, this card comes with ongoing low (albeit variable) rates on purchases and balance transfers.
The downside of this is that if you’re transferring a balance or anticipating a large upcoming expenditure (or both), there are undoubtedly cheaper deals out there. Similarly, if you’re all about the rewards and perks, there are more specialised cards available on the market.
If you already have outstanding debt on a card elsewhere, there’s no fee to bring it across to RBS. It’ll start accruing interest straightaway, however, so if you don’t anticipate clearing it sharpish, consider a 0% balance transfer deal instead.
Perhaps the biggest selling point of this card is the fact that there are no fees for using it abroad – currencies are converted at the standard Mastercard rates – making it a hard-to-beat longer-term bet for use at home and on holiday.
Pros and cons
Pros
- Avoid currency conversion charges when spending abroad
- No annual fee
Cons
- Minimum annual income requirement of £10,000
- Applicants with low credit scores are unlikely to be eligible
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 either damaging your credit score, getting hit with a penalty fee (£12) or losing any promotional rates as a result.
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 for the Royal Bank Credit Card
First, you can use Finder's eligibility checker to find out if you'd be likely to get approved for The Royal Bank Credit Card. This won't impact your credit score. If it's good news, you can then proceed to Royal Bank of Scotland's online application, which takes 10-15 minutes to complete.
Frequently asked questions
What credit limit will I get with The Royal Bank Credit Card?
If Royal Bank of Scotland is able to offer you this deal, the offer 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 that you're reliable, you may wish to apply for a credit limit increase.
Can I withdraw cash using The Royal Bank 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 Royal Bank 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 109% 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).
How long does it take to receive the card?
You’ll know whether or not your application has been approved within 5 minutes of submission. As long as it’s approved, RBS states your shiny new card will be with you in 5-7 working days.
Do I need to be an existing RBS customer?
No, and if you have card debt elsewhere, you may decide to apply for a balance transfer.
Will I pay fees on cash withdrawals overseas?
Yes. While RBS doesn’t charge a fee for non-sterling transactions using this card, withdrawing cash abroad will incur a fee (and the ATM owner may add its own fee on top too). Find out more about using a credit card overseas.
How do I change my credit card limit?
You can do this through internet banking by selecting “Cards” from the main menu. In the “Manage your personal credit card” section select “Manage your credit card limit”. Add your annual income, requested credit limit and the last 5 digits of your card. Finally, select “submit”. Alternatively, you can call a customer advisor (0345 724 2424).
Finder credit card ratings
Our experts score low rate credit cards to determine their value against similar products on the market. We look at a number of important factors, like exactly how low the low rate is, any perks/benefits, 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.