2014 has seen a complete overhaul of the banks’ credit card offering and, in March, all previous credit cards with promotional pricing were replaced with simpler and fairer products charging fixed and transparent fees.
Now, with the new Cashback Plus credit card, customers can earn 0.5% on all purchases whether at home or abroad as well as at least 1% on all shopping at existing Cashback Plus retailers. All supermarket shopping earns 1% cashback and customers can benefit from an additional 1% on all contactless transactions until 31st March 2015.
Paul Riley, Head of Credit Cards for RBS and NatWest said: “Sometimes credit cards can be tricky but our Cashback Plus credit card is simple. It rewards customers for all their spending – not just the bits we choose – there is no complicated small print or caps on rewards, and we have made sure that APRs won’t jump up when you’re least expecting it. Credit cards should offer customers a helping hand, and this does just that, but without the catches.