The Royal Bank of Scotland Reward Black Credit Card offers users a simple process of generating some rewards when spending money in a wide range of stores.
They have a relatively high rate of purchases in most supermarkets. This card will offer you up to 15% discounts on stores that are within their MyRewards Network.
Although some competing cards tend to have a better reward scheme and may tend to overshadow this particular card, it is still a favorite for most people. Read on to learn more about the RBS Reward Black credit card, and how you can apply for it.
Supermarket Rewards
You will receive 1% cashback when you use the card at UK supermarkets, although the figure may drop to around 0.5% for buying fuel at supermarkets. When you shop at select retailers, you are likely to receive rewards that range from 1% up to 15%.
Widespread Acceptance
This is a MasterCard, which means that it has widespread acceptance. It also means that unlike other cashback reward cards, it is possible to obtain rewards on almost every single purchase you make using the card.
This also means that the rate at which you accumulate rewards is much higher compared to other cards that may have higher cashback values.
Eligibility Criteria
To be eligible, you must be 18 years old or older, you must be a UK citizen or have permanent resident status, and you must have an income of around £15,000.
How to Apply for the Royal Bank of Scotland Reward Black Credit Card
If you have completed your comparisons and have decided to apply for this card, then the application process starts online, where you will be required to fill out the application form.
This takes roughly 15 minutes, and before you apply, check to confirm that you meet all of the eligibility requirements. You will be required to provide your name, address, income, expenses, phone number, monthly rent or mortgage, and other payments.
Interest Rates and Fees
The Royal Bank of Scotland Reward Black Credit Card is a great option if you are looking for a card that has lots of benefits and rewards. Make sure to consider the rates and fees associated with this card, which are listed below.
- Representative 37.1% APR (variable)
- Simple Purchase APR: 17.4%
- Effective Purchase APR: 18.9%
- Simple Cash Advance APR: 23.2%
- Effective Cash Advance APR: 25.9%
- Simple Balance Transfer APR: 17.4%
- Effective Balance Transfer APR: 18.9%
- Simple Money Transfer APR: 23.2%
- Effective Money Transfer APR: 25.9%
- Annual Fee: £84
- Cash Advance Fee: 3% handling fee, minimum £3
- Foreign Usage Cash Fee: 3% handling fee, minimum £3
Contact Information
If you would like to get in contact with a Royal Bank of Scotland representative, you can reach them by calling 03457 242424. Their head address is 36 St Andrew Square, Edinburgh, United Kingdom, EH2 2YB.
Conclusion
The Royal Bank of Scotland has many credit cards that are each unique, and they are worth considering if you live in the UK. The Royal Bank of Scotland Reward Black credit card is one of the unique and beneficial credit cards available.
So, we hope you are now more enlightened on the Royal Bank of Scotland’s Reward Black Credit Card. Check out the link to their website we have included above, to learn more about the bank and what the card has to offer.
Note: There are risks involved when applying for a loan. Consult the lender’s terms and conditions page for more information
