RBS | Low Rate credit card

224 reviews

Representative 12.9% APR

Purchase rate: 12.9%

Representative example:

The standard interest rate on purchases is 9.9% p.a. (variable), so when borrowing £1,200 with a £0 annual fee, the Representative APR will be 9.9% (variable).

RBS | Low Rate credit card customer reviews.

224 reviews

1.5 out of 5 stars

Our review of RBS | Low Rate credit card

The RBS Low Rate Credit Card has an affordable representative APR and a standard interest rate of 6.9% on balance transfers and purchases. You’ll need to watch out for the fees on balance transfers and on non-sterling transactions, but the annual fee, although inconvenient is not expensive at just £24.

In 2015, Fairbanking undertook an independent assessment of different financial products and granted the RBS Clear Rate Platinum credit card a three star award. As standard across most credit cards in the UK, customers can get 56 days interest free on purchases as long as the most current and final monthly payments are both made on time.

Scouring the web for reviews, it’s difficult to find those that are specific to the Low Rate Credit Card, although there are some for RBS in general. On TrustPilot they have a rating of ‘bad’. Lack of customer focus, disorganisation and poor customer service have all contributed to this.

Overall verdict: It’s a shame that RBS as a whole has achieved poor online reviews, but the Fairbanking award paints a good picture for the RBS Clear Platinum Credit Card. Worth exploring for the affordable representative APR if you fit their acceptance criteria.

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.


  • Competitive representative APR
  • 6.9% as standard on balance transfers and purchases
  • No fee for balance transfers
  • You can balance transfer up to 95% of your credit limit
  • Manage the card using online banking

Minimum criteria

  • You must be aged 18 or over
  • You need to be a UK resident
  • You must earn at least £10,000 per year


  • Introductory Balance Transfer Rate: 0%
  • Introductory Purchase Rate: 0%
  • Balance Transfer Rate: 6.9%
  • Balance Transfer Fee: £0
  • Purchase Rate: 12.9%
  • Fee Amount: £0
  • Representative APR: 12.9%

About RBS | Low Rate credit card

The RBS Low Rate Credit Card has a representative APR of 9.9% with a rate of 6.9% on purchases and balance transfers. The assumed credit limit is £1,200. There are no fees for completing a balance transfer, however you will need to pay an annual fee for the card of £24. If you go over the credit limit or are late making a payment by one day, then you’ll incur a charge of £12.

For balance transfers to the RBS Low Rate Credit Card, customers are able to transfer up to 95% of their available credit limit, as long as it is over £100. This process can take up to three weeks.

On the RBS website, customers can check their likelihood of acceptance for the card by using the eligibility checker. This takes a few minutes to complete and does entail a credit search which will leave a footprint on your credit file.

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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