RBS Credit Card Review

Overview

Apply online today. There is no paperwork to follow and we'll give you an answer right away. Whether you are shopping, travelling or going out for the evening, the RBS Credit Card brings something extra to the experience.

• Classic credit card - If you're over 18 and earn more than £10,000, our Classic Credit Card is a simple way to manage your finances.
• Gold credit card - Over 21 and earn more than £20,000 ? Our Gold Credit Card comes with valuable benefits.
• Platinum Credit card - Over 25 and earn more than £25,000 ? The Royal Bank of Scotland Platinum Credit Card comes with valuable benefits.

Who can apply?

Anyone who is a UK resident aged 18 or over depending on the card as indicated above. We recommend you have your salary, banking and employment address details to hand to avoid any delays in applying.

Credit Card Application Process?

The RBS online application form takes a five minutes to complete with an easy step by step instructions and as you would expect secure website protection, make sure you have all the details with you as the application will ask you your personal details, details about your work, what type of card you want and finally confirm the legal, terms and conditions.

If you apply online between the hours of 8am-8pm Monday to Thursday, 8am-5pm on Friday you could get an instant decision. For all other applications you should hear from us within 7-10 working days.

What are the benefits of RBS Credit Card?

• Interest-free for 13 months
  

  For a whole 13 months from account opening, you'll pay 0% interest on your balance transfers. You'll also receive 0% on purchase for six months from account opening.

  At the end of the applicable introductory period, your transferred balances and purchases will be charged at your standard rates. There's just a 2.9% fee when you transfer a balance in the first three months, with a minimum fee of £5.

• Up to 56 days' interest-free credit on purchases
  If you pay the balance in full and on time and have paid the previous month's balance in full and on time.

• £300 daily cash advance
  Use your Classic Credit Card to get up to £300 each day (depending on your credit limit) from cash machines worldwide.

What are the credit card charge rates?

Card issue fee               Free
Typical APR Rate         Typical 13.9% APR variable.
Intro Offers              0 % p.a. on card purchases for 6 months from account opening & 0 % p.a. on balance transfers and credit card cheques for 13 months from account opening provided you operate your account within the terms and conditions.
Annual renewal fee            Free

Default Charges?

£12 if the account is over the credit limit at any time during the statement period or if you fail to pay on time; administration fee of £10 to process dishonoured cheque or direct debit; administration fee of £12 to return unpaid promotional cheque to prevent you going over your limit.

What is the minimum payment I need to make each month?

Greater of 2.25% of your balance (rounded down to the nearest pound) or £5 each month. Please note: we do not recommend that you only ever make your minimum payment.

Missing payments could have severe consequences and make obtaining credit more difficult.

Optional PAYMENT PROTECTION INSURANCE?

While you can't work, Payment Protection pays up to 10% of your outstanding balance per month, for up to a year, direct to your RBS Credit Card. Just 79p for each £100, or part thereof, of the highest balance on your statement that month.

RBS accept most people between 18 and 64, who live in the UK and have been in paid employment there for at least 16 hours a week for the last six months.

They may also be able to cover you if you're self-employed or on a fixed contract.

Where do i make a Complaint?

• Visit a branch - visit any of their branches and speak to a member of staff. Most of the branches are open from 9.15am - 4.45pm Monday to Friday (10am on Wednesdays). Some of the branches are also open on Saturdays. Smaller branches may have restricted hours and days.
• Write - address your letter to the Branch Manager or your Relationship Manager.
• Telephone - use your usual number for contacting The Royal Bank of Scotland. If you have access to our telephone banking service, Direct Banking, our Advisers are available at all times.
• Email - for security reasons, please do not include additional personal information. For this reason, They will respond to your email by telephone or letter.
  

However, if you are not satisfied with the outcome of your complaint, you can write to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR.

RBS customer satisfaction line – 0870 907 0010

Your right to cancel?

The Consumer Credit Act 1974 lays down certain requirements for your protection which should have been complied with when this agreement was made. If they were not, we cannot enforce this agreement without a Court order.
The Act also gives you a number of rights:
1) You can settle this agreement at any time by giving notice in writing and paying off the amount you owe under the agreement.
2) If you received unsatisfactory goods or services paid for under this agreement, apart from any bought with a cash loan, you may have a right to sue the supplier, us, or both.
3) If the contract is not fulfilled, perhaps because the supplier has gone out of business, you may still be able to sue us.
If you would like to know more about your rights under the Act, contact either your local Trading Standards Department or your nearest Citizens' Advice Bureau.

Once you have signed, you will have for a short time a right to cancel this agreement. You can do this by sending or taking a WRITTEN notice of cancellation to RBS. You will still have to repay any money lent to you. But if you repay all of it before your first payment is due, you will not have to pay interest or other charges.

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Main Features

RBS Credit Cards, The Royal Bank Of Scotland Credit Card Apply online for an RBS Gold Credit Card , with 0% interest on balance transfers for 13 months and 0% interest on purchases for three months

 
Issued By:
The Royal Bank of Scotland plc, Registered in Scotland No 90312. Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB. RBS is authorised and regulated by the Financial Services Authority. The Bank is entered in the FSA's Register and its Register number is 121882. The FSA's Register can be accessed at www.fsa.gov.uk/register/ . The Bank's registered VAT number is GB 243852752.

Disclaimer All credit card APRs, features, charges, benefits and other information listed by Compare Prepaid represent the most recent information available at the time of writing. Every effort is made to keep the site accurate, however we cannot guarantee that a credit card issuer has not increased or decreased one or more of the APRs or fees/charges associated with a particular card or changed its features, obligations or benefits. Please be sure to read the RBS credit Card agreement fully and carefully before making any agreement.