How you earn
1% at supermarkets and 0.5% at petrol stations and elsewhere.
- 1% supermarkets.
- 0.5% elsewhere.
- MyRewards partner retailer offers.
- Also available as the NatWest Reward Black card — identical apart from branding.
Cashback
Up to 1%
Rep. APR
40.7%
Variable
Annual fee
£84
£7 per month
Spending abroad
Free
No foreign transaction fees
Lounge access
Not included
1% at supermarkets and 0.5% at petrol stations and elsewhere.
No non-sterling transaction fee on purchases.
£84 annual fee refunded with an RBS Reward Black current account.
The RBS Reward Black Credit Card suits frequent travellers who want fee-free Mastercard spending abroad, where it practically nothing off the real exchange rate and matches the best cards we have measured. The catch is the £7 per month fee and an earn rate that sits 0.24% below the typical reward card at 0.74%, so the cashback of 1% at supermarkets and 0.5% elsewhere needs to work hard to justify the cost. I would note that RBS current account holders can get the £84 annual fee refunded, which changes the maths considerably for existing customers.
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