Bank of Scotland vs RBS: Switch Bonus Comparison
RBS offers the better net value at £200 vs £175 after fees.
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- Full CASS switch required
- Apply for Select or Reward account
- Full CASS switch by 28 May 2026 (complete by 16 June 2026)
- Deposit £1,250
- Log into mobile app
- Open Digital Regular Saver by 16 June 2026
- Cannot have held an RBS current/savings account as of 17 Feb 2026
- 5.5% AER Digital Regular Saver (on up to £5,000)
- Reward account pays £5/month cashback if conditions met
Verdict: Bank of Scotland vs RBS
RBS offers the higher switch bonus at £200 vs £175.
Bank of Scotland has fewer requirements (1 vs 6), making it simpler to qualify.
RBS comes with more perks (2 vs 0), including things like 5.5% aer digital regular saver (on up to £5,000).
Frequently Asked Questions
Which has the higher switch bonus, Bank of Scotland or RBS?
RBS currently offers the higher bonus at £200, compared to £175 from the other bank.
Can I switch to both Bank of Scotland and RBS?
Yes, you can switch to both banks, but you need to do them one at a time using the Current Account Switch Service (CASS). Complete one switch, wait out the cooling-off period, then switch again to the second bank.
How long is the cooling-off period for Bank of Scotland and RBS?
The cooling-off periods are: RBS: 36 months. During this time you cannot switch away without potentially losing your bonus.
Which bank is easier to switch to, Bank of Scotland or RBS?
Both banks use the Current Account Switch Service (CASS), which makes the process straightforward. The main differences are in specific requirements like minimum pay-in amounts, number of direct debits, and whether you need to use their app. Check the requirements comparison above for full details.