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MONEYFACTS ARCHIVE. This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Derin Clark

Derin Clark

Online Reporter
Published: 18/06/2019

Time is running out for consumers to take advantage of the Royal Bank of Scotland’s Switch and Stay offer, which ends on the 28 June 2019.

Royal Bank of Scotland is currently offering consumers a total of £175 to switch their current account to the bank and then stay for 12 months or longer. Those who switch to Royal Bank of Scotland get £125 upfront and then a further £50 after 12 months of staying with the bank. There are a number of current accounts available within this offer, which include its Select, Reward, Reward Silver and Reward Platinum current accounts. Customers must be 18 or over and a UK resident to apply for these accounts.

In order to receive the £175, consumers need to use the Current Account Switch Service to close their existing account held with another provider and switch to the bank by the 28 June 2019. Consumers also need to pay in a minimum of £1,500 into their new current account and log into digital or mobile banking by 2 August 2019. Furthermore, by the 1 June 2020, the debit card linked to the new account must have been used at least once a month.


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