Royal Bank Credit Card – Every Detail You Need

Are you looking for a new credit card, with so many options out there, it’s hard to know where to start. Well, that’s where this article comes in. Today, we’re going to dwell on the Royal Bank Credit Card, and I’ll make sure you walk away with every single detail you need to decide if it’s the right fit for you.

Is it the rewards you seek? Transfer balances, or simply streamline your finances, this card promises a lot. And I will be explaining all that as you read on.

Why Should You Consider Royal Bank Credit Card?

I know you must be thinking “Out of all the credit cards out there why should I even consider a Royal Bank Credit Card?” If this question implies to you, then here are a few reasons why you should:

No foreign transaction fees
No balance transfer fees
No annual fee
Low interest rates
Use worldwide at MasterCard ® locations, in-store and online

What Are Royal Bank Credit Card Rates and Limits?

Purchase Rate: 12.9% p.a (variable)
Representative APR: 12.9% (variable)
Assumed credit limit: £1200
Annual fee: £0

Depending on how they evaluate your credit, your actual credit limit and APR may change.

On application, you might be eligible for these rates:

Interest Rates

Typical purchase rate of 12.9% p.a. (variable) up to 18.9% p.a. (variable)
Balance transfer rate of 12.9% p.a. (variable) up to 18.9% p.a. (variable)
Interest is charged on fees as per terms and conditions

Royal Bank Credit Card Charges And Fees

Late payment

You get a charge of £12 late payment fee. It makes sense to set up a Direct Debit because you won’t ever be late for a payment again. Understanding that small errors can happen, the company gave a little grace, so if you are just one day late with your payment, you won’t be assessed a late payment fee.

Above your threshold

You get a charged fee of £12 if you exceed your limit. You won’t be charged you if you merely exceed your limit by £12 or less. Checking your balance before making your next card purchase on NatWest Online Banking or their mobile app is a smart approach to make sure you don’t go over your limit.

How to Apply For Royal Bank Credit Card

Online credit card applications are the simplest to submit. It usually takes less time and is safe and secure.

See the list of items you’ll need below for when you apply.

Your past three years’ worth of address information
Your earnings, expenses, and employment information
A list of all the credit cards you would like to transfer funds from
Your bank account information, if you are currently a Royal Bank of Scotland customer

With all these at hand visit https://www.rbs.co.uk/credit-cards/the-royal-bank-credit-card.html#getreadytoapply

And apply.

How to Activate Your Royal Bank Online Account And Credit Card

Before any of that, you need to first get your activation code using the steps below:

Sign in to Online Banking.
When prompted to enter an Activation Code, select “Activation Code Not Received”.
On the following page, click “Order a new Activation Code”.
Enter your postal code and select “Submit”.
Your Activation Code will be mailed to you within 10 business days.

Now to Activate the Online Account:

Sign in to Online Banking.
You will be prompted for your 7-digit Activation Code.
Enter your code and select “Submit”.
Your account will now have access to the full functionality of Online Banking. Once your account is activated, you will no longer need your Activation Code.

Note: Check the “Valid Until” date on the activation code you received to make sure you enter it before it expires. Before you may activate your account, you will need to order a new activation code if the deadline has passed.

Now for the Credit Card Login

Use your Client Card/Username and Password to log in to Online Banking if you have access to it. On the screen for your accounts summary, pick your credit card. Selecting “Activate My Credit Card” will lead you to the Credit Card Account Details page. Observe the instructions on the screen.
Visit rbc.com/activate if you are unable to access Online Banking. If you’d like, you can sign up for online banking at the same time you activate your card.
Please give 1 877 900 5900 a call to activate your Personal or Business Banking credit card over the phone. For credit cards related to Private Banking, please contact 1 888 769 2585.

Upon activation of your new card, kindly ensure that you sign the back of the card. Don’t forget to trash your old credit card if you are replacing it.

How to Make Payments On Royal Bank Credit Card

Direct Debit payments are the most widely used method. After you’ve configured it, your selected bank account will automatically be debited each month for the payment. Every month, you have the option of paying the minimum payment, the minimum payment extra, a predetermined sum, or the entire debt on your credit card.

Additionally, you can use digital banking or the smartphone app to make payments.

Conclusion

Indeed there are many credit card options available as it stands but the Royal Bank Credit Card is one you should take into consideration, having seen all the benefits and features the card offers, I know you’ll agree with me that it’s an option to try out.