Premier Bank Accounts

£150 to Switch & Stay
with our Premier Select Account

More than just an everyday bank account

What you'll get with a Premier Select account

£150 Switch & Stay offer.

No monthly fee.

Expert help online or on phone, one-to-one support when you need it.

Everyday banking tasks made easier with our mobile banking app. Criteria applies.

Contactless Visa Debit Card.

To apply, you must be 18+ and a UK resident.

I already have a Premier Select account

Find out how to set-up and use your account.

To join Premier you'll need to be a permanent UK resident and meet one of these criteria:

Income

Minimum £100k sole income or £120k joint income paid into your Royal Bank account

Mortgage borrowings

£500k minimum mortgage borrowing with us

Savings or investments

Minimum £100k savings or investments held with us

More features

Mobile banking app

Our Premier branded mobile banking app is secure and easy to use.

Expert help, 24/7

Available online or on the phone, when and where you need it.

Visa debit card

Premier Select comes with a Contactless Visa debit card

No monthly fee

A bank account to get you started on your Premier journey.

Overdraft details

How do overdrafts work?

An arranged overdraft can be useful for short term borrowing. Understand arranged and unarranged overdrafts and their impact on your account. An overdraft is a form of borrowing and is repayable on demand.

How much will an overdraft cost?

Understand the cost and impact of overdrafts and whether you're eligible to apply for one. If you don't repay what is owed, you could harm your credit score and borrowing capability.

Our £150 Switch and Stay offer

Switch to us to get an initial £100 and a further £50 if you stay with us. Choose from our Premier Select and Premier Reward account, or if you’re an existing customer simply switch into your Premier Select, Premier Reward or Premier Reward Black account.

How the Royal Bank Switch offer works

£100 offer details

  • Apply online via our website or mobile app and request a switch using the Current Account Switch service by 5pm on the 18th of November 2021, or if you are an existing customer simply request a switch online by this date.
  • Once your switch is initiated, the Current Account Switch Service will automatically move your existing payments and close your old account within 7 days.
  • Pay in at least £1,500 in total and log in to our Mobile Banking app or Online Banking by the 30th of December 2021.
  • Your first £100 will then paid in to your account with Royal Bank by the 28th of January 2022.

Additional £50 offer details

  • Once qualified for the £100 payment, make 10 eligible credit and/or debit transactions on your Current Account each calendar month (e.g. bill payments, debit card spend, direct debits and payments in and out) between January & September 2022 (excludes account interest, fees and charges).
  • Your second payment of £50 will then be paid in to your account by the 16th of November 2022.

What you need to know

We may end this offer at any time, and to be eligible, you must apply via our mobile app or website.

If you’ve had any cash back for switching to us (or NatWest/Ulster Bank) since October 2017, you won’t be eligible for this offer.

We can not switch savings accounts or ISAs through this service. Any other products you have with your old bank will not be moved at the same time.

Switch offer Terms & Conditions

Current Account Switch Guarantee

A Guide to Switching Current Accounts

How the Switch Service works & FAQ’s

How to open an account online

Have ID ready

We'll need some details from you, such as your address history, monthly income and ID.

Start your application

You can apply online right now if you are ready. Just use the section below to tell us about yourself.

How long will it take?

You should be able to complete the online application within an average lunch break.

Get ready to apply

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


You must also meet one of these criteria:

Minimum £100k sole income or £120k joint income paid into your Royal Bank account.

£500k minimum mortgage borrowing with us.

Minimum £100k savings or investments held with us.

Now please take a look at the important legal stuff

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.

All okay? You’re nearly ready to start.

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

Do we already know you?
If you have a current account, credit card, loan or savings account with Royal Bank please let us know.
What kind of account do you want?

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 HooYu will then check your identity by matching you to your Photo ID. We might also ask for other information like proof of address. 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. 

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.

As a 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. 
Do you have a current account with Royal Bank?
What would you like to do today?
Do you know your Digital Banking details?
If you log in to Digital Banking we can pre-fill some of the application for you.
What kind of account do you want?

You're all set

Depending on what ID we need to see, we may ask you for:

  • Photo ID, such as driving licence, Passport or EU ID card
  • Proof of your address, such as a utility bill, bank statement or driving licence

Look out for an email and text after you have applied from our security partners, DigiDocs. It'll have a link to securely upload your documents for us to check.

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.

As a 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. 
What kind of account do you want?

You're all set

Depending on what ID we need to see, we may ask you for:

  • Photo ID, such as driving licence, Passport or EU ID card
  • Proof of your address, such as a utility bill, bank statement or driving licence

Look out for an email and text after you have applied from our security partners, DigiDocs. It'll have a link to securely upload your documents for us to check.

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.

As a 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. 

You're all set

During the application, you'll need:

  • The account number and sort code of the account you want to change

As you're changing your account, the account details and debit card will stay the same. Just to make life easier for you.

You’re all set

You’ll need these bits of info handy for your application:

  • The account number, sort code and debit card number of the bank account you want to switch to Royal Bank
  • The account number and sort code of your existing Royal Bank current account

The Current Account Switch Service will move everything across from your old bank account to your Royal Bank current account within 7 working days. 

Do you know your Digital Banking details?
If you log in to Digital Banking we can pre-fill some of the application for you.
What kind of account do you want?

You're all set

Depending on what ID we need to see, we may ask you for:

  • Photo ID, such as driving licence, Passport or EU ID card
  • Proof of your address, such as a utility bill, bank statement or driving licence

Look out for an email and text after you have applied from our security partners, DigiDocs. It'll have a link to securely upload your documents for us to check.

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.

As a 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. 
What kind of account do you want?

You're all set

Depending on what ID we need to see, we may ask you for:

  • Photo ID, such as driving licence, Passport or EU ID card
  • Proof of your address, such as a utility bill, bank statement or driving licence

Look out for an email and text after you have applied from our security partners, DigiDocs. It'll have a link to securely upload your documents for us to check.

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.

As a 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.