RBS | Select Account

223 reviews

Monthly fee: Free

AER: 0%

Representative example: Representative Example*: If you have a Select Account with an arranged overdraft limit of £1,200 and you use all of this, you will be charged arranged overdraft interest at 19.89% EAR (variable) and a monthly Arranged Overdraft Usage Fee of £6.

RBS | Select Account customer reviews.

223 reviews

1.4 out of 5 stars

Our review of RBS | Select Account

The Select Account from RBS is completely free and comes with the minimum benefits that you would expect from a current account such as access to mobile banking, online banking and a 24 hour telephone team. Customers also receive a contactless card and can request an arranged overdraft at the time of application. One thing to watch though is that the interest-free buffer is only £10, after this you’ll be charged so beware.

You can also use the RBS Select Account mobile app to withdraw cash from selected ATMs, which means if you’ve lost your card or had it stolen, then you can take out up to £300 to tide you over until you can sort something out. To be able to get the full £300 you will need to be registered with online or telephone banking though. By being registered you’ll also benefit from being able to log in and view transactions, your balance and transfer money.

There aren’t any reviews specific to the Select Account online, however we can take a look at the types of experiences that customers have received from RBS. On TrustPilot they’ve got the disappointing rating of ‘bad’. This appears to be down to things such as difficulty opening accounts, high overdraft charges and poor customer care.

Overall verdict: The RBS Select Account lacks any additional perks such as insurance or cashback, but it is free of charge. If you’re looking for a no-nonsense uncomplicated account that you want to be able to manage with ease then this could be an account worth considering.

Andrew Freelander
Written by
Andrew Freelander
Brand & Content Manager at Choose Wisely

Andrew joined Choose Wisely 5 years ago, originally working in a design capacity to make sure the website was simple to use. Most notably he worked with the Consumer Finance Association to design the comparison table of choice for High-Cost Short Term Finance products.


  • Manage the account with online or mobile app banking
  • 24 hour telephone banking
  • Emergency Cash if card lost or stolen
  • Overdraft available
  • Receive text alerts

Minimum criteria

  • You must be aged 18 or over
  • You need to be a UK resident
  • No bankruptcy in the last 6 years


  • Overdraft Rate: 19.89%
  • Credit Rate: 0%
  • APR: 0%
  • Monthly Fee: £0
  • Interest Rate: 0%

About RBS | Select Account

The RBS Select Account has no monthly fee and offers account holders the ability to control their account via the mobile app, by logging onto the website or by calling the 24 hour telephone banking line. Customers can also set up text alerts and when using the mobile app, RBS Select Account holders can check their balance, view their recent transactions and transfer money to friends and family.

RBS also offer their Select Account customers Emergency Cash in case their card is lost or stolen. If you are registered with online or telephone banking then you will be able to withdraw up to £300 from the ATM machine using a code that RBS send, if you’re not registered then the maximum you would be able to withdraw is £60.

Customers of the RBS Select Account can also request an arranged overdraft when completing the account application. This will have an interest-free threshold of £10, and anything spent over that will incur a charge of £6, plus the interest at 19.89% EAR. If the transaction takes you over the agreed limit by more than £10, you will be charged a usage fee of £6.

Company information

Registration number: SC045551


0845 900 0400

Customer Relations, Freepost PO Box 1727, Edinburgh EH12 9JN

FCA registration

Reference No: 114724

Trading names: The Royal Bank of Scotland Plc, Williams & Glyn

Place of business: 36 St Andrew Square, Edinburgh EH2 2YB

Data protection registration

Registration No: Z5619639


Address: 36 St Andrew Square, Edinburgh EH2 2YB

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