What is the Cash-Back Feature

When you hold a current account with Wealth Royal Bank, you become eligible for cash-back rewards—that is, we give you money back as a percentage of certain qualifying spending you do via your account or debit card. The goal is to reward everyday banking behaviour and show appreciation for your loyalty.

How It Works

• When you use your debit card for eligible purchases (for example, groceries, fuel, travel, or utility bills) you earn a small percentage back into your account.

• We calculate the cash-back monthly and credit it into your account automatically.

• We’ll clearly define which categories are eligible, what minimums (if any) apply, and whether there is a cap (i.e., a maximum reward amount) each month.

• We may require you to meet certain conditions—such as paying in a minimum amount each month, having a number of direct debits set up, or using the debit card a number of times—to qualify for the full benefit.

Benefits to You

• Extra value on your everyday spending—since you’re already using your current account and debit card for many transactions, cash-back rewards give you back something.

• Motivation to use smart financial behaviour—e.g., setting up direct debits for your bills, using your card for regular purchases, thereby earning rewards.

• Simplicity—you don’t need to do extra tasks or switches beyond the usual account usage; cash-back rewards are built into your regular banking.

Typical Eligibility and Conditions

To qualify for the cash-back benefit with Wealth Royal Bank, there may be conditions such as:

• Paying in a minimum amount each month into your current account.

• Setting up a minimum number of direct debits (for example: regular bills, subscriptions).

• Using the debit card for a certain number of transactions or reaching a minimum spend threshold.

• Ensuring you are actively using your account (not dormant) and meeting any “account in good standing” status.

Caps, Categories & Limits

• We may cap the amount of cash-back you can earn in a given month or year. For example, other banks offer up to ~£10–£15 a month. Ex Economics+3Which?+3Your Money+3

• We define which categories of spend count (e.g., supermarket spending, fuel, everyday transport, utility bills). Some spending may not qualify (for example, cash withdrawals, foreign currency transactions, certain merchant types). Santander UK+1

• There may be a monthly fee to access the account that offers cash-back (or you may need to meet higher deposit/activity requirements) to earn full rewards. Santander UK+1

Why Wealth Royal Bank’s Cash-Back Feature Stands Out

• We integrate the cash-back benefit into our current account offering because we want you to feel rewarded for your everyday financial activity—without excessive complexity.

• We emphasise transparency: you’ll always know which transactions qualify, how much you need to earn the maximum reward, and any caps.

• Our digital banking platform allows you to track your cash-back in real-time: you can see how much you’ve earned, which transactions qualified, how much more you need this month to hit the cap.

• We believe in balancing reward with responsibility: while cash-back is a bonus, we still encourage sound account behaviour (e.g., avoiding unnecessary fees or high-cost overdrafts) so your overall banking experience remains positive.

Tips for Making the Most of Cash-Back

• Use your debit card for everyday spending in eligible categories—groceries, fuel, travel, or bills—rather than paying only in cash or with other accounts.

• Ensure your regular bills are paid via direct debit from your current account, if that’s one of the qualifying categories.

• Monitor your spending and account activity so you hit the thresholds required—but without over-spending or incurring high charges.

• Avoid transactions that don’t qualify (for instance, large cash withdrawals, foreign currency transactions if excluded) if you want to maximise reward.

• Keep an eye on monthly caps—once you hit the maximum cash-back for that month, further eligible spend may not earn extra reward, so consider spreading spend or using other accounts if needed.

• Stay within good standing—we may require you to maintain the account, make minimum payments in, or set up requisite direct debits to keep the cash-back benefit active.

Example Scenario

Imagine you hold our standard reward current account and the cash-back benefit is: 1% cash-back on eligible spending in categories A (groceries) and B (fuel/transport) up to a cap of £15/month. You:

• Pay your supermarket bills (£500) via the debit card → you earn 1% = £5

• Spend on fuel/transport (£400) via the debit card → you earn 1% = £4

• You have set up two direct debits for utilities/bills which also qualify → you earn 1% = £6
  Total cash-back for that month: £15 (hit the monthly cap).
  You track your progress via the mobile app, see how much more you could spend to reach the cap at the beginning of the month, and plan accordingly.

Important Considerations

• Cash-back reward programmes can be changed or withdrawn in future. While we design our offering for long-term sustainability, it is subject to regulatory, market, and business considerations—any changes would be communicated in advance.

• The cash-back benefit does not replace core account features like security, reliability, service quality. It is an added value.

• The benefit of cash-back must be weighed against account fees, minimum deposit requirements, or activity thresholds—if meeting those is burdensome, the net value may be less favourable.

• If your spending pattern changes (e.g., less card usage, fewer eligible categories), you may earn less cash-back than in previous months.

How to Join

If you’re not yet a customer of Wealth Royal Bank, you can apply for a current account through our digital application process or visit one of our branches in the UK. In the application you’ll select the current account variant that offers the cash-back benefit. Once your account is open and active, you’ll start earning cash-back in the first full account month you meet the eligibility criteria.

Final Thoughts

Our cash-back feature is designed to reward you for using your current account in ways that align with modern everyday banking. We believe it adds tangible value—giving you a financial incentive to engage with your account and realise more from your spending. At the same time, we remain committed to sound banking practices, transparent terms, and service excellence across all our offerings.

If you’d like, I can send you sample cash-back tables for our different account variants (Standard, Premier, Business) showing potential earnings based on typical spending patterns. Would you like me to produce that?