Tell me moreCard options
- Classic Credit Card
- Platinum Credit Card
- Savings Accelerator Credit Card
- Royalties Gold Credit Card
- Student Credit Card
Other options
Existing customers
Useful information
Payment protection
You could protect your payments when you can't work
It's not a nice thought - but involuntary unemployment, accidents and illness really could put a hole in your finances. So if the worst happens, it's good to know your credit card payments are taken care of.
Independent financial product research company, Defaqto, has rated our Cardholder Payment Protection Insurance product five stars for its features and benefits.
How does Payment Protection work?
While you can’t work, Payment Protection pays 10% of your outstanding balance per month, for up to a year, direct to your RBS Credit Card.
What does it cost?
PPI costs 79p per £100 or part thereof based upon the highest balance shown on your monthly statement. This means 79p a month for a balance of £100 and £1.58 a month for a balance of £200 and so on. Monthly charges will continue unless there is a nil balance for the whole statement month. Interest, where applicable, will be charged in line with our terms and conditions.
Who can get Payment Protection?
We accept most people between 18 and 64, who live in the UK and have been in paid employment there for at least 16 hours a week for the last six months.
We may also be able to cover you if you're self-employed or on a fixed contract.