RBS Reward Points Calculators

Calculate how much cash back you can earn based on your spend across RBS credit cards and compare results against top cards.

Program Details

The Royal Bank of Scotland, commonly known as RBS, is a major retail and commercial bank based out of Edinburgh, Scotland, UK. They offer two credit cards that rewards you on everyday spending.

Credit Card Rewards Calculators

The RBS Reward Points Calculators will calculate how many rewards you can earn based on your monthly/yearly spend across categories. Each calculator will also output the cash value of the card based on your spend, how much you value the benefits of each card, and any annual fees the card may have.

compare cards royal bank of scotland
Compare credit cards side by side based on spend, benefits and annual fees.

You can compare the results side by side any credit cards featured on the site to find out which earns you the most rewards and the best return. All spend entered (primary/first column only) will carry over to all credit card calculators on the website.

RBS Rewards Credit Card Calculators

Royal Bank of Scotland offers two points earning credit cards. The RBS Reward Credit Card earns 1% back on supermarket spend and 0.25% back on all other purchases while the RBS Reward Black Credit Card earns the same 1% back on supermarket and offers a higher 0.5% back on all other purchases. The RBS Reward Black has no foreign transaction fees which makes it a good choice for earning rewards on international spending. The annual fees of both cards can be avoided if you have an account with RBS.

Redeeming Rewards & Cash Value

Rewards earned using RBS Reward Credit Cards are displayed as points called Rewards. It's best to view these points as cash back since 5 RBS Reward Points are equal to £5 when redeemed. When redeeming your points, they will be displayed as the cash equivalent, so you will not have to worry about doing any kind of converting between points and cash.

Once you grow your RBS Reward Points to a balance of at least £5, you can redeem them in one of the three following ways:

  • Bank Them
  • Trade Up
  • Donate To Charity

Bank Them

You can cash out your RBS Reward Points and deposit them directly into your bank account. This gives you a flat value of 1p since you're looking at an equal face value. So if you cashed out 75 Reward Points, you would end up with £75 in your bank account.

rbs partners
Redeem your points for gift cards to get increased value.

Trade Up

Trade up is allows you to turn your RBS Reward Points into gift cards (physical and electronic) from a select group of partner retailers. This redemption method can actually give you higher value than 1p per point since you'll be given a slightly higher value when choosing this option.

For example, here's a Trade Up option listed for a John Lewis Partnership eGift Card:

  • £10 Rewards = £10 John Lewis Partnership eGift Card + 4% Rewards
  • £25 Rewards = £25 John Lewis Partnership eGift Card + 4% Rewards
  • £50 Rewards = £50 John Lewis Partnership eGift Card + 4% Rewards

Redeeming your RBS Reward Points would give you a bonus 4% in Rewards which is a better value than banking them. This is the route to take if you don't mind a gift card from their selected partners. Some of their retail partners include:

  • Waitrose & Partners
  • John Lewis & Partners
  • Sky
  • Caffè Nero
  • NOW TV
  • Côte Brasserie
  • Morrisons
  • eon
  • Ted Baker London
  • P&O Ferries
  • Currys PC World
  • British Airways Avios
  • Argos
  • B&Q
  • Red Letter Days


RBS Reward Points can be donated to charity starting at £5 in Rewards. You can donate your points to the following charities:

  • Barnado's
  • Macmillan Cancer Support
  • Cancer Research UK
  • Princes Trust
  • Sport Relief
  • RNIB
  • Alzheimer's Society
  • British Heart Foundation
  • Disasters Emergency Committee

Transfer Partners

Using the Trade Up option, you can convert RBS Reward Points to British Airways Avios. You can exchange your points in the following increments:

  • £10 - 1,170 Avios
  • £20 - 2,350 Avios
  • £50 - 5,870 Avios

Is this a good redemption option? Yes if you value Avios. Avios are worth around 1p each on average which means you'll be earning additional value with this exchange. And that's just the average value of Avios as you can possibly get higher redemptions depending on the effort of research you put in.

The exchange amounts for converting RBS Reward Points to Avios are a little uneven. Two £10 redemptions will give you a total of 2,340 Avios while a £20 redemption will give you 2,350 Avios. The £50 redemption gives you the total derived from 2 £20 redemptions and one £10 redemption. Basically the £20 redemption will always give you a couple of additional Avios. It will hardly make a big difference, but I wanted to bring it to your attention.


How do you earn RBS Reward Points?

RBS Reward Points are earned using RBS credit cards, banking accounts, and several other RBS financial options.

How much are RBS Reward Points worth?

RBS Reward Points are worth 1p when redeemed as cash credit to your banking account. You can also redeem them for gift cards for increased value.

Can you transfer RBS Reward Points?

Yes. They can be exchanged for British Airways Avios at the best value of £20 Rewards for 2,350 Avios.

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