RBS Black Account

Full product details for the RBS Black Account current account, including account details, application criteria, facilities, rates, overdraft, fee & charges, incentives, student & graduate incentives and business accounts.

from 135 ratings

135 customers rated their RBS current account as 3.8 out of 5 in our 2010/2011 Consumer Finance Awards.

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RBS Black Account Features & Benefits

Representative Example	If you use an overdraft limit of £1,200 the interest rate charged will be 14.89% EAR (variable).
Account Type	packaged
Monthly Charge	£24	The monthly servicing charge is £24.00.
Minimum Monthly Credit	£0	There is no minimum monthly credit required.
Interest Free Overdraft Limit	£500	An interest free overdraft limit of £500 is available with any pre-arranged overdraft.
Standard Overdraft Rate	14.89%	The authorised overdraft EAR is 14.89%.
Headline Interest Rate	0.5%	The headline interest rate is 0.50% AER.
Reward Payment	£0	No reward payment payable.
Minimum Investment	£0	There is no minimum investment to open this account.
Internet Banking	yes
Branch Banking	yes	This account can be operated through a branch.
Telephone Banking	yes	Free 24 hour telephone banking available, available 365 days of the year. Telephone banking benefits - UK call centres - Fast service - touchtone service available - Free - there are no monthly charges; the customer only pays for the cost of the call - Personal accounts management - customers can access RBS current account, savings and credit card information in one place - Flexible -customers can transfer between accounts with RBS, pay regular bills, manage direct debits and much more.
Account Promotions	yes	Additional benefits available : inclusive worldwide multi-trip family travel insurance, European breakdown cover, 10% discount on selected holidays and flights, UK and worldwide executive airport lounge access, relationship manager, concierge service, commission-free travel money, 25% cashback on tickets for selected shows and events, identity theft assistance, card protection, mobile phone insurance, home emergency insurance, offsetting available.

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Compare RBS Black Account With These Current Accounts

Bank of Ireland Clear Account - Level 3

You get 0 percent debit card expense europe from Bank of Ireland.
Unlimited unauthorised O/D rate is offered with this current account.
New customers enjoy unlimited maximum high interest balance from Bank of Ireland.
You can benefit from ATM withdrawal charge UK of 0%.
Representative Example: if you use an overdraft limit of £1,200 the interest rate charged will be 14.5% EAR (variable).

Citi Citigold Current Account

New customers get 0 percent debit card fee europe from this current account.
Same day cash deposit clearance time is offered to new customers.
Take advantage of £500 automatic O/D facility from Citi.
Travel cover maximum age of 79 years is available to new customers.
The Citigold Current Account has a £0.00 overdraft letter charge.
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 9.9% EAR (variable).

Nationwide Cash Card Account

New customers get £0 transaction charge from the Cash Card Account.
A £1 minimum withdrawal is available.
A £0 monthly charge is offered.
New customers get available funds/wdl >£100 withdrawal restrictions from Nationwide.
New customers take advantage of £0 direct debit charges from the Cash Card Account.

Yorkshire Bank Readycash Account

Customers get direct debit set up cost of £0.
£0 minimum extra deposit.
A £0 direct debit cost is offered.
Customers will take advantage of £0 standing order cost.
A £1 minimum withdrawal is offered.
New customers can get purchase charge of £0.

HSBC Business Direct

Business Direct offers a max ATM withdrawal of £300.
Maximum annual turnover of £500,000 is offered to new customers.
The current account gives a cost for telephone banking of £0.
A £0 fee for internet banking is available.
Business Direct gives a debit card cost europe of 0%.
Cheque clearance time of 3 days is available with Business Direct.

NatWest Business Current Account

Get a mthly overdraft charge of £0 from the current account.
You get coinage paid in per100 of £0.66.
Get £0 charge for telephone banking.
Take advantage of £0.66 coinage out per100.

Halifax Ultimate Reward Current Account < £1,000 per month

The Halifax current account has 90 days account transfer overdraft period.
£300 maximum ATM withdrawal is offered.
Customers will benefit from 0 percent unauthorised overdraft rate.
New customers get interest rate free overdraft limit of £300.
Get a minimum withdrawal of £1.
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).

Application Criteria
Joint Account	yes	Joint applications are accepted.
Permanent UK Resident	yes	This product is only available to individuals who are permanent UK residents.
Minimum Monthly Credit	£0	There is no minimum monthly credit required.
Minimum Contract Term	0 months	Not applicable.
Minimum Age	18 years	The minimum age is 18 years.
Maximum Age	Unlimited	There is no maximum age limit.
Minimum Income	£100,000	To be eligible to open this account the customer must have a minimum income of more than £100,000 per year or a joint income of more than £150,000 per year or have savings of over £50,000 with RBS..
Minimum Investment	£0	There is no minimum investment to open this account.
Maximum Investment	Unlimited	The maximum investment is unlimited.
Student Bank Account	no	This is not a student bank account.
Graduate Bank Account	no	This is not a graduate bank account.
Area Restrictions	none	There are no area restrictions that apply to this account.