Royal Bank of Scotland · Current account

Premier Select

No annual fee

Fee-free RBS Premier banking with 24/7 support, no non-sterling purchase fees and a £500 interest-free overdraft buffer.

Apply via official site

Perks & estimated value

Fee-free spending abroad
No non-sterling purchase fees
ATM excluded
£90/yr

Key terms

ATM withdrawals and local fees excluded. Overdraft subject to status.

Fee breakdown

Annual fee: Free — £0
Monthly equivalent: £0.00
Representative APR: n/a
FX fee: 0% on card purchases (ATM excluded)
Total perk value: £90
Net annual value (all perks): £90

Offer & eligibility

Welcome bonus: £500 for a qualifying Premier Select/Reward switch.

Current offer: Open Select or Reward from 2 September 2026 and fully switch through CASS online/app from outside NatWest Group, closing old account. No RBS current account held on 2 September 2026; no previous NatWest/RBS/Ulster switch cash. Within 90 days of switch completion, pay in £15,000 total (each payment stays 24 hours; transferred balance counts) and log into mobile app. Checked at day 90, paid within next 30 days; keep eligible account open. Premier criteria apply; confirm joint-income-only qualification because offer PDF specifies sole-income route. No fixed end date; may be withdrawn. Terms: https://www.rbs.co.uk/content/dam/royal_bank_of_scotland/premier/documents/premier-switch-offer-terms/rbs-premier-switch-offer-terms-september-2026.pdf . Checked 18 October 2026.

Eligibility: £100,000 income (£120,000 joint), £100,000 savings/investments, or £500,000 RBS mortgage