By Scott Nicol
The Royal Bank of Scotland is offering £175 to new and existing customers when they switch their main bank account.
The offer launched on the 23 April 2019 and will run to 28 June 2019.
But, the £175 will not be paid in one payment, the £175 will be split into two payments, £125 after the first few months and a further payment of £50 once the account has been opened for over a year.
People who make the switch to the Royal Bank’s Reward Silver current account will benefit from a further 2% reward on household bills with an average of £83 being received each year.
If you were to make the switch to the Royal Bank of Scotland you could on average receive in excess of £225 within your first year of switching.
Bruno Genovese, Head of Royal Bank Current Accounts, said: “There be a better time to a Royal Bank customer”
“switching bank accounts is simple and can be done through the Current Amount Switch Service”
Customers must be 18 or over and must have not received a cash offer from Royal Bank for a new current account and after October 2017
