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Bank accounts

Open a Reward bank account

Switch a bank account to our Reward account and you could get our Switch & Save offer. Offer T&Cs and restrictions apply. 

current account switch service guarantee logo

To apply, you need to be 18+ and a UK resident. You need to also pay in £1,250 to an eligible Royal Bank account every month. You can only hold a maximum of 1 Reward account in your name, and 1 in joint names.

Switch & Save: Unlock our Limited Edition Saver account when you switch to Royal Bank

Apply online or via our mobile app to switch your current account held elsewhere into an eligible Select or Reward account by 6 January 2026.
 

Use the Current Account Switch Service and you could unlock our 12 month Limited Edition Saver account which offers fixed bonus interest rates on balances over £50,000.

Offer available to new and existing customers who do not hold a Royal Bank current account or savings account as of 18 November 2025.

Limited Edition Saver interest rates

AER / Gross p.a. (variable)
 Interest paid monthly


4.00% / 3.93% 
Balances between £100k - £3m

(includes 2.25% / 2.23% AER / Gross p.a. (fixed) 12 month bonus).
 

3.25% / 3.20%
Balances between £50k - £99,999

(includes 1.50% / 1.49% AER / Gross p.a. (fixed) 12 month bonus).
 

1.06% / 1.05%
Balances up to £49,999

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1. Switch to us

Open a current account with us  

Simply open an eligible Select or Reward account and switch your bank account to us using the Current Account Switch Service.
 

Your switch to us must be completed by 21 January 2026.

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2. Switch complete

Wait to receive the offer email from us

Once your switch to us is complete, we'll send you an email with a link to open a Limited Edition Saver account. This will arrive between 02 December and 21 January 2026.

 You'll have until 23 January 2026 to apply for a Limited Edition Saver via our mobile app.

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3. You're all set

Fund your account
Once you've opened your Limited Edition Saver and funded your account, you'll immediately start benefiting from the interest rates. 

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Specific account eligibility criteria and conditions apply. Monthly account fees may apply. Offer T&Cs and restrictions apply. Offer can be withdrawn or amended at anytime due to limited availability. If you previously held a Royal Bank current account or savings account, you may still qualify, provided you did not hold one as of 18 November 2025. You are not eligible for this offer if you're switching a current account from NatWest Group (NatWest or Ulster Bank NI). Joint accounts are not eligible for this offer.

What happens when you switch?

Step 1

We'll send a request to your old bank to confirm the switch and we'll keep you updated every step of the way.

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Step 2

Your old account will be closed on your behalf. Your balance and payments (like Direct Debits) will be moved to your Royal Bank account. 

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Step 3

The switch is complete. Once you've met our switch offer eligibility criteria, you'll get an email to open your Limited Edition Saver account. This will arrive between 02 December 2025 and 21 January 2026. 

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A Reward bank account for a little something extra

Earn from 1% in Rewards when you spend with your Royal Bank debit card at our partner retailers. 

Redeem Rewards as money back into your current account, trade them up for eGift cards, or donate them to charity.

Easy-to-use mobile banking app.

Arranged overdraft available (subject to eligibility).

Choose your way to pay with Apple Pay, Google Pay™ or Contactless Debit Card. Limits apply.

£2 monthly fee.

Our App is available to personal and business banking customers aged 11+ using compatible iOS and Android devices. You'll need a UK or international mobile number in specific countries. 

Learn how to earn and exchange Rewards

Earn Rewards

Up to £5 a month back

Earn £4 a month back in Rewards for 2 or more Direct Debits (2 of those Direct Debits needs to be at least £2 each). Plus, earn an extra £1 a month back in Rewards with 1 mobile app log in. That's up to £5 a month back in Rewards to spend on whatever you like!

Also earn from 1% in Rewards when you spend with your Royal Bank debit card at our partner retailers. Check out our current retailers in the mobile app. 

Your Rewards balance can grow quickly, they're easy to earn and they're easy to exchange!

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Exchange Rewards

For cash back, gift cards and more

Once you reach £5 in Rewards, the choice is yours. Redeem Rewards as money back into your current account, trade them up for eGift codes, or donate to one of our chosen charities.

How to exchange your Rewards?

Great news, there is no need to set up your Rewards. You can see your MyRewards balance and claim straight from the Royal Bank app with the touch of a button. There's no need to use a password. 

Keep in mind, if you choose to bank your Rewards it will take 5 working days to clear. 

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Compare our range of savings accounts

Savings

Our range of savings accounts

We have a range of savings accounts available to our current account holders.

Explore your overdraft options

An overdraft is a way of borrowing money from us via your current account and is repayable on demand. If you don't repay what is owed, you could harm your credit score and borrowing capability.

How to apply online

Apply online

During the application we'll ask for information about you such as your address, job etc. So have these ready.

Provide your ID

You'll need to provide proof of your ID and address. You might be able to do this online, look out for an email from us.

Check your details

We'll check we have everything we need to open your account. Look out for your new debit card in the post.

Your account is open

Start using your new account. Log in to Digital banking and download our mobile app to bank on the go.

Get ready to apply

To make sure this account is right for you, please take your time to understand how you can earn and exchange Rewards. Not sure yet? Take a look at our Select everyday bank account with no monthly fee.

Before you apply, we need to check you're happy with a few things. And ask you a few questions up front. Then we can make your application as quick and simple as it can be.

First things first. You can apply if you:

  • are aged 18+ and a UK resident
  • will pay in £1,250 each calendar month to any eligible personal current account you have with us
  • do not currently hold 2 Reward accounts (1 sole and 1 joint).

Now please take a look at the important legal info

If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Digital Banking - not posted. Please take some time to review, print and/or save the important information.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

As part of the checks that we will complete to verify your identity, we’ll take an image of your face so that it can be compared with your photo ID and this biometric data is captured.

All okay? You’re nearly ready to start.

To speed up your application for our Reward account, we need to do a few final checks with you. They'll only take a minute.

Continue
Do we already know you?
If you have a current account, credit card, loan or savings account Royal Bank please let us know.
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Do you have our app on a mobile device?
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Here's a few steps to get started

If you're already using a device with the Royal Bank app, select the 'Start application' button below. 

You will need the most up to date version of the app, to make changes to your account. 

To open a new account: 

  1. Once logged in to the app, choose 'Apply' and then current accounts. 
  2. Then choose what type of account you would like to open.

To change your account type or switch into your existing account: 

  1. Once logged in, click into the account you wish to change or switch.
  2. Choose either the 'Change my account type' or 'Switch my account' option. 

Can't scan the QR code?

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Start your application

You'll need our app to continue

To change your existing account or apply for a new Reward account, you’ll need to use our mobile app..

It won’t take long to download and get set up.

You just need:

  • Your Digital Banking PIN and password.
  • Your mobile phone to get your one-time passcode.
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Get our app

How to download and apply via the app

First, download the app:

  1. On your mobile or tablet, open the camera and point your device at the QR code.
  2. Follow the link that pops up to download the app.
  3. Use your details to log in and follow the below. 

To open a new account:

  1. Once logged in to the app, choose 'Apply' and then current accounts. 
  2. Then choose what type of account you would like to open.

To change to a different account type or to switch into your existing account: 

  1. Click into the account you wish to change or switch, then select 'Change my account type' or 'Switch my account' to begin your application. 

Can't scan the QR code?

Available on selected devices.

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Download app
What would you like to do today?
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You're all set

Your application will be completely online, and you won't need to post us any information or visit a branch.

  1. Tell us a bit about yourself and we’ll set up your account.
  2. Our partner Mitek will then check your identity by matching you to your Photo ID. Your Photo ID must be a Passport, UK or EU/EEA Driving Licence or an EU/EEA National ID card.  You'll need a device with a camera to upload these. We might also ask for a valid proof of address.  You'll need a device with a camera to upload these. If you don't have your ID to hand you can finish this step later.
  3. Once they’ve confirmed your identity we’ll activate your account.

Please note, a partial switch does not qualify for any switch incentives we may offer. 

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Here's what to do next

We’ve made a few changes to how we open joint bank accounts.

The button below takes you to a dedicated page explaining exactly what you need to open your account.

In summary:

  1. You create a joint account by adding the second applicant to an existing account.
  2. You can either add the second applicant to an existing account, or if you’d like a completely new account, one of you can open a new account and then add the second applicant once it’s open. 
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Joint accounts opening