Royal Bank of Scotland Select Account
Current account
£200
switching bonus
Penny's take
Solid £200 for a low-effort switch. Royal Bank of Scotland's fee-free Select account offers a straightforward bonus that suits anyone who can deposit £1,250 within 60 days — even across multiple payments — and remembers to log into the app. The account itself is basic but functional, with budgeting tools and a free credit score adding modest everyday value.
The biggest catch is the NatWest Group exclusion: previous recipients of any NatWest Group switch incentive are barred, as are those switching from NatWest or Ulster Bank. With no monthly fee, the £200 lands as pure gain, making this good value for eligible newcomers who haven't already claimed from this banking family.
Requirements at a glance
Deposit requirement
Monthly fee
Online Banking
How to qualify
Requirements
- •Apply for a Select account and request and complete a full switch from another bank using the Current Account Switch Service (CASS).
- •Within 60 days of switching, pay in £1,250. This can be multiple payments and must remain in the account for 24 hours.
- •Within 60 days of switching, log in to the Royal Bank mobile app.
Things to check
- Offer is available to new and existing customers who did not hold a Royal Bank current account on 06 May 2026.
- Not eligible if you or anyone on the account has previously received a NatWest Group cash switch incentive.
- Not eligible if switching an account from NatWest Group, including NatWest or Ulster Bank.
- The old bank must be part of the Current Account Switch Service; manual or partial switches do not qualify.
- Specific account eligibility criteria apply. Monthly account fees may apply. Offer may be changed, replaced, or withdrawn at any time.
Account Benefits
App money-management tools
Categorise spending for budgeting and view supported accounts held with other UK banks.
Free credit score
Eligible customers can monitor their TransUnion credit score in the Royal Bank app.
Select: no monthly fee
The Select option provides standard account and digital-banking features without a monthly charge.
Reward: up to £5 monthly
The Reward option can earn £4 for qualifying Direct Debits and £1 for an app login each month.
Reward: retailer rewards
Eligible partner spending can earn variable Rewards redeemable as account credit, e-gift cards or charity donations.