Classic Account

Free everyday banking when you stay in credit, plus add Vantage to earn interest.


Features and benefits

  • Add Vantage to earn 1.5% AERCloseAnnual Equivalent RateThis illustrates what the interest rate would be if interest was paid and compounded once each year. This allows you to compare more easily what return you can expect over time. (1.49% grossCloseGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HMRC.) variable interest on balances of £1 - £5,000. Vantage is a free add-on to your Classic Account which you can add during your application. Interest is paid monthly. You won’t earn interest on any amount over £5,000. Each calendar month, simply pay at least £1,000 into your account, stay in credit (above £0) during the monthly billing period, and pay at least two different Direct Debits from your account. If in any month you don’t meet these criteria, you won’t earn any interest but you won’t be charged for having Vantage.
  • Access to our Internet Banking and the Mobile Banking app, 24-hour telephone services as well as any of our branches in Scotland.
  • A Visa debit card enabled for contactless payments.
  • Free mobile alerts.
  • Send Money outside the UK – Use your current account to make a payment.

For full details of the changes that apply to this account from 1 July 2018, please see the Guide to Changes.

Provide your ID online, it's easy

In order to get your account opened as quickly as possible, we may ask you for your UK driving licence or UK passport during your application. It's easy, just send us a photo of your ID, take some selfies and we'll then verify your identity.
 

Apply for a Classic Account today

Apply for a Classic Account using our simple application form and we should be able to give you a decision within 10 minutes.
 
Apply today

You can apply for an Arranged Overdraft with this account. We will ask you at the start of the account application process if you would like to do so. If you say yes, we will be able to show you the maximum amount of arranged overdraft we can offer you.

Any arranged overdraft we agree is repayable on demand, including any fees and is subject to application and approval. You must be 18 years old or over to apply.

Find out more detailed information on overdrafts such as fees, charges and managing your arranged overdraft limit.

Representative example
If you use an Arranged Overdraft of £1,200 on your Classic Account, then we’ll charge you a daily arranged overdraft fee of £1.71.

Earn 1.5% AER variable on balances of £1 - £5,000 by adding Vantage.

Vantage is our free add-on for current accounts that pays you 1.5% AER CloseAnnual Equivalent RateThis illustrates what the interest rate would be if interest was paid and compounded once each year. This allows you to compare more easily what return you can expect over time.(1.49% grossCloseGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HMRC.) variable on balances of £1 - £5,000. Interest is paid monthly. Bear in mind that you won’t earn interest on any amounts over £5,000.

To qualify, each calendar month simply pay at least £1,000 into your account, stay in credit (above £0) during the monthly billing period, and pay at least two different Direct Debits from your account.

If in any month you don’t meet these criteria, you won’t earn any interest but you won’t be charged for having Vantage.

Visit the Vantage page for more information.

Everyday Offers
Earn up to 15% cashback with Everyday Offers and the chance to win one of your purchases back up to the value of £500 on a monthly basis with ‘It's on Us’.

To be eligible for Everyday Offers you need to be over 18, have a Bank of Scotland current account, a Bank of Scotland debit and/or credit card and be registered for Internet Banking. Once you’ve activated Everyday Offers, just activate each offer to earn cashback on your next purchase. You can activate 'It’s On Us' in the Everyday Offers section of Internet Banking.

Save the Change®
Switch on Save the Change® and when you spend with your Bank of Scotland debit card, we’ll round up the amount to the nearest pound. At the start of the next working day, we’ll transfer the difference into an eligible savings account.

  • Two people using one account - A simple way to share spends and see them on one monthly statement
  • Both account holders get a Visa debit card
  • Both account holders can also separately set up and manage Internet Banking

Open a joint account or add another person to an existing account

  • Visit us in branch and our staff will be happy to help. In busier periods when staff may not be immediately available, we’ll be happy to book an appointment for a later date. Alternatively, make an appointment at your local branch.
  • Don’t forget to take identification and if the second person is not an existing Bank of Scotland customer they will need to provide identification - view acceptable forms of identification.

Looking to switch your joint account to us?

  • Ensure you add the other account holder to your new account before completing your switch

Please be aware of the following:

  • Both account holders must be aged 18 or over
  • Student Current Account and Under 19s accounts cannot be made into joint accounts
  • Both people named on the account are individually and jointly responsible for any debts on the joint account
  • Credit reference agencies often create a financial link or association between people who have a joint account. Meaning that the financial situation of the other person on the account could affect your credit rating
  • Both people named can use the account benefits and features without needing the approval of the other

Remove someone from a joint account

A request to remove someone from your bank account can be made in branch and will only be accepted where the account is in credit.

Switch Guarentee LogoWe have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.

  • The service is free to use and you can choose and agree your switch date with us.
  • We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
  • If you have money in your old account, we will transfer it to your new account on your switch date.
  • We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
  • If there are any issues in making the switch, we will contact you before your switch date.
  • If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.

Plain English Logo

For more information and FAQs, please read the Account Switching Guide (PDF)

Making sure you get a fair deal


We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.

To find out more you can read the statement of responsibilities, which details whats expected of us, the lender and you the borrower.

AER is Annual Equivalent Rate - this illustrates what the interest rate would be if interest was paid and compounded once each year. This allows individuals to compare more easily what return they can expect over time.

Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HMRC.

Account opening is subject to our assessment of your circumstances and to you meeting all eligibility conditions. You need to be aged 18 years or over. Benefits also are subject to application and approval.

Bank of Scotland plc, Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.

FSCS Protected