Approval for any credit card will depend on your status. The APR shown represents 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.
RBS Student Credit Card review February 2020
Last updated:
Existing RBS student account holders can apply for this card to cover unexpected expenses and kickstart a good credit history.
Finder rating: ★★★★★
Representative example: When you spend £500 at a purchase rate of 18.95% (variable) p.a., your representative rate is 18.9% APR (variable).
18.9%
Representative APR
£0
Account fee
Up to 56 days
Interest-free each billing period
Details
| Issuer | Royal Bank of Scotland |
|---|---|
| Network | Mastercard |
| Annual/monthly fees | £0 |
| Min credit limit | £250 |
| Max credit limit | Subject to status: £500 |
| Purchases | 18.95% |
| Purchases interest-free period (days) | 56 |
| Balance transfers | 18.95% |
| Additional cards available | 1 |
Expert review
Review by
Chris Lilly
chris.lilly@finder.comChris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
Expert review
This RBS card comes with a low credit limit and no annual or monthly fee, which is pretty standard for a student card.
Student cards also typically don’t have the most competitive rates around (in part due to the limited credit histories of many of the card’s users), though if you clear your balance in full each month, you’ll be able to take advantage of up to 56 days of 0% interest on your purchases, potentially offering you a buffer until your next student loan payment comes through.
It’s smart to be cautious about taking out a credit card while studying. If your income is minimal and paid infrequently, be realistic about how quickly you’ll be able to pay off any borrowing. On the plus side, if you don’t carry a balance from month to month and you use this card responsibly, it could help you to handle fluctuating costs and help you start building a positive credit history, standing you in good stead for future borrowing.
How does this card compare with other student cards on the market?
Table: sorted by representative APR, promoted deals first
Updated February 24th, 2020
Repayment options
When it comes to repayments, you can make manual repayments online or over the phone (0345 724 2424), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee 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 RBS Student Credit Card
If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible. RBS will ask for your address history for the last three years, your bank account details and your graduation/course end date.
Finder credit card ratings
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★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our team evaluates credit cards to determine their value against similar products on the market.
We look at the how good the card is for its designated purpose – spending abroad, clearing debt, earning air miles etc. – how costly it is to use day-to-day and whether it offers much in the way of extras.
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.