Royal Bank of Scotland Select Account
Royal Bank of Scotland
Annual Equivalent Rate (AER)
0% AER
Monthly Fee
£0
Welcome Bonus
£200 welcome bonus
Apply Now →on Royal Bank of Scotland's website
Minimum Deposit:N/A
Annual Equivalent Rate (AER):
0% AER
Welcome Bonus: £200 welcome bonus
When you switch your everyday bank account using the official switching service.
Monthly Fee:
£0
Minimum Deposit:
N/A
This account shines for its straightforward fee structure and the attractive cash bonus for new customers. The Royal Bank of Scotland Select Account is ideal for those seeking a no-cost banking solution without the complexities of interest-bearing accounts.
Pros:
- No monthly fees
- Cash bonus for switching
Cons:
- No interest on balances
- Limited features compared to other accounts
In summary, the Royal Bank of Scotland Select Account is a great choice for individuals looking for a hassle-free banking experience with no monthly fees and a generous welcome bonus, making it particularly suitable for new customers who prioritize simplicity over interest earnings.