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MyRewards

Earn Rewards with Royal Bank

What are Rewards?

MyRewards is a membership scheme for our current account and credit card customers. It allows you to earn related Rewards in a variety of ways such as when you pay Direct Debits, spend with your debit or credit card or log in to the mobile app.

You can watch your Rewards grow in the app and when you have more than £5 in Rewards you can choose to covert them into money to bank, trade or donate.

Who can earn Rewards?

You can earn Rewards if you have:

  • a Reward, Reward Silver, Reward Platinum, Premier Reward or Premier Reward Black account (monthly fee applies).
  • a Reward credit card. Representative 31.0% APR (variable). Annual fee applies - but we'll refund it if you have a Reward current account.
  • a Reward Black credit card. Representative 40.7% APR (variable). Annual fee applies - but we'll refund it if you have a Premier Reward Black current account. 

Account eligibility criteria apply.

How to earn Rewards

The way you can earn Rewards will be different depending on which current account or credit card you have with us.

Earn £4 in Rewards a month

Pay 2 or more Direct Debits from your Reward account – 2 of those Direct Debits need to be at least £2 each. 

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Earn £1 in Rewards a month

Simply by logging into your mobile banking app once a month. App criteria apply.

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Earn between 1-15% in Rewards

Use your debit card to spend at our partner retailers.

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Choose your current account or credit card to see the different ways to earn Rewards.

Say hello to our partner retailers

As a MyRewards customer, you could earn extra Rewards when you spend. Your offers change regularly. Check the MyRewards section of your app to see your latest offers. Maybe you enjoy a Greggs sausage roll for lunch, or like to do your weekly shop at Morrisons? 

Last year our Reward customers earned an average of 6% back in Rewards when using their Royal Bank debit card at our partner retailers. Based on Rewards earned vs. amount spent in 2023.

MyRewards Terms and Conditions

We do our best to ensure everyone is aware of their account terms and conditions, please take some time to review, print and/or save a copy of these.

Join MyRewards

Become a MyRewards member and automatically earn Rewards if you have a Reward current accounts such as Reward, Reward Silver, Reward Platinum, Premier Reward or Premier Reward Black. 

You can also earn Rewards with a Reward or Reward Black credit card.

Reward

18+, minimum monthly pay in £1,250 

Reward Silver

18+

Reward Platinum

18+

Premier Reward

18+, Premier eligibility criteria apply, minimum monthly pay in £1,250 

Premier Reward Black

18+, Premier eligibility criteria apply.

£2

£10

£20

£2

£31

Yes
Yes
Yes
Yes
Yes
No
Yes
Yes
No
Yes
No

European

Worldwide

No

Worldwide

No
No

UK

No

UK & European

No
No
No
Yes
Yes

Available to new and existing customers.

Continue to the Reward account

Available to existing current account customers.

Continue to the Reward Silver account

Available to existing current account customers.

Continue to the Reward Platinum account

Available to new and existing customers.

Continue to the Premier Reward account

Available to existing current account customers.

Continue to the Premier Reward Black account

Use your Rewards in three ways

Bank your Rewards

Pay them as money into your bank account

Change your Rewards into money which you can either transfer into your Royal Bank current account or use towards reducing your Reward Credit Card balance.

£5 in Rewards could mean £5 in your bank account.

The money can take 5 working days to be added to your account.

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Trade your Rewards

Exchange them for e-gift cards from partner retailers.

Trade up your Rewards for e-gift cards which you can use at selected retailers either in store or online.

£10 in Rewards could be traded for a £10 Argos eGift card, plus get 5% back in Rewards. 

Retailers can change, login to MyRewards regularly to see new ways to exchange your Rewards.

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Donate your Rewards

Donate them to one of our chosen charities

We'll exchange your Rewards into cash and send your donation directly to your chosen charity. It's easy and can all be done within your Royal Bank app.

£5 in Rewards could be £5 donated to Macmillan Cancer Support, Alzheimer's Society and many more.

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Watch your Rewards grow in the app

You can see your MyRewards balance in the Royal Bank mobile app. It will be displayed next to your other Royal Bank accounts.

Tap the MyRewards tile to see your Rewards statement, personalised retailer offers and how to exchange your Rewards.

Boost your Rewards with our Reward credit card

Representative 31.0% APR (variable)

  • Earn 1% back in Rewards on supermarket spend (0.25% at their petrol stations and everywhere else)
  • Get between 1-15% back at selected MyRewards retailers
  • Annual fee refunded if you have a Reward current account
  • Available to new and existing customers
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To apply, you must be a UK resident, aged 18+ and earning at least £10K per year.

MyRewards membership FAQs

Ways to become a MyRewards member

New to Royal Bank?

Our Reward account is available to new customers. To apply, you must be 18+ and a UK resident. You need to also pay in £1,250 to an eligible Royal Bank account every month.

Upgrade your current account

Packaged current accounts come with added extras and are available to existing Royal Bank current account customers. These extras range from earning Rewards, different types of insurance and fee-free debit card purchases abroad.

View our Premier Reward accounts

Bank accounts packed with benefits combined with our Premier Banking service to help you achieve your financial goals.

Something else we can help you with?