Reward Black Credit Card - credit cards | Royal Financial of Scotland

Reward Black credit card

The card that saves you money abroad

Representative 37.1% APR (variable)

Annual fee applies - refunded if you have a Reward Black current account

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To apply, you must be a mainland UK resident, 18+ and earn at least £15K per year

Everyday Rewards offers


No foreign transaction fees anywhere in the world

Earn 1% Rewards in supermarkets (0.5% at their petrol stations)

Personalised priority servicing
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Annual fee refunded when you have a Reward Black current account

Plus 10% in Rewards (up to a maximum of £25) when you spend online at Zara, Next, Top Shop, New Look, ASOS, BooHoo, Missguided, Netaporter and Miss Porter during June.  See our seasonal Rewards calendar >

"How much will I earn in Rewards?"

Use our online calculator to get an indication of how much you’ll earn based on your own spending.

More about the annual fee and annual fee refund

We'll refund the annual fee for your Reward credit card if you also have a Reward Black current account. 

Monthly fee and eligibility criteria apply to the Reward Black account.


Annual fee

We’ll charge a £84 annual fee when you first use your Reward Black credit card account (for example, by making a purchase or a balance transfer) and then each following year on the anniversary of that date.



Annual fee refund

If you hold or open one of our Reward Black current account, we’ll refund any annual fees that are charged to your Reward credit card account while the current account remains open.  Each annual fee and refund will show on the same monthly credit card statement.

We’ll not refund all or part of any annual fee charged to your credit card account before you open a Reward Black current account, or after it is closed.

To get a Reward Black current account, you need to be aged 18 or over and UK resident, with either (i) £100,000 of annual personal income (paid into the current account); (ii) a Royal Financial of Scotland mortgage of at least £300,000; or (iii) £100,000 of savings and investments with Royal Financial of Scotland.  £28 monthly fee applies.


Representative Example

Purchase rate


p.a. (variable)

Representative APR



Assumed credit limit


Annual fee


Your actual credit limit and APR will vary depending on our credit assessment of you.

Interest on fees and charges is payable in line with our terms and conditions. See the summary box document for more details. Always aim to pay off your credit card balance every month to make sure the benefit of Rewards outweighs any interest costs.

Ready to apply?

The application should take around 10 minutes.

Apply now Or see if you're eligible without affecting your credit rating
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