Welcome to RBSelect - Isle of Man

RBSelect is the banks flexible benefits programme. It’s designed to make your life easier and save you money.

Benefits are grouped into categories:

1. Pension & Protection
2. Healthcare
3. Lifestyle
4. RBSelect Offers

By choosing benefits from categories 1, 2 or 3 you’re setting your monthly mix of pay and benefits. 

Category 4 is an online discount shopping portal where you buy direct from retailers just like you do any other internet shopping.

You’ll get an overview of your choices in the RBSelect guide.

Or you can read about specific benefits in the table below.

When can I elect or change my benefits?

There are some benefits you can elect, or change at anytime and some that you can only change during the Annual Election Window (in September) or your New Joiner Window.

But if you have a significant change in your life you can make some changes then

We call this a lifestyle event, for example if you get a divorce or become a parent. You’ll need to get this updated within 30 days of the lifestyle event - just click the lifestyle event option when you start your elections. Depending on the situation you can update some things yourself and some we’ll have to do for you. HR People Services will help – their details are in the top right hand side in the ‘Help’ box.

Our key to when you can elect or change benefits

Annual Election Window - effective 1 October

Anytime Election - available for you to elect all year round

 New Joiner Window - available to all new joiners within three months of joining us

Here are the benefits you can choose from

	Do I save money on income tax or National Insurance?		When can I change my election?
	Income tax saving	NI saving	New Joiner Window	Annual Election Window	Anytime Election
Pension & Protection
Defined Benefit Pension Plan	Yes	Yes	N/A	✔	✔
Additional Pension Contributions	Yes	Yes	N/A	✔	✔
Retirement Savings Plan	Yes	Yes	✔	✔	✔
Disability Cover	Yes	Yes	✔	✔	x
Life Cover	Yes	Yes	✔	✔	x
Life Assurance Spouse/Partner	Yes	Yes	✔	✔	x
Critical Illness Insurance	Yes	Yes	✔	✔	x
Personal Accident Insurance	Yes	Yes	✔	✔	x
Healthcare
Private Medical Cover	Yes	Yes	✔	✔	x
Dental Cover	Yes	Yes	✔	✔	x
Health Assessment	Yes	Yes	✔	✔	✔
Lifestyle
Holiday - Buy	Yes	Yes	x	✔	x
Company Car	No	No	✔	✔	✔
Childcare Vouchers	No	No	✔	✔	✔
Bike for Work	Yes	Yes	✔	✔	✔
Shopping Vouchers	No	No	✔	✔	✔
RBSelect Card	No	No	✔	✔	✔
RBSelect Offers