Upgrade options if you have a current account
Did you know your current account could save you time and money?
Upgrade your current account to an Added Value Account for a monthly fee to take advantage of a range of useful benefits.
You get all the current account features you would expect, such as:
- Access to our Internet Banking and Mobile Banking, 24-hour telephone services as well as any of our branches
- A VISA debit card
- Free mobile text alerts
Choose between the extra benefits of our Silver or Platinum Accounts to get the level of cover you need. The upgrade is hassle-free, keeping the same account details you are familiar with.
If you are registered for Internet Banking, you can log in to upgrade online. Simply select the ‘Upgrade’ button for the account you would like to upgrade and follow the on-screen instructions.
We use a range of third party insurance providers for the Silver and Platinum Account benefits (exclusions apply).
More information about the Silver and Platinum Accounts
Please be aware we are making some changes to the benefits that come with these accounts. These changes all come into effect from 7th February 2016.
Please read the booklet for the relevant account, which will give you more detail about what is going to change.
- Platinum Account Summary of Changes
- Silver Account Summary of Changes
- Bank of Scotland Bank Account conditions (PDF)
- Terms and Conditions
These accounts come with the following overdraft limits:
- Silver Account - Up to £50 Interest and fee free Planned Overdraft
- Platinum Account - Up to £300 Interest and fee free Planned Overdraft
Please be aware:
- Fees apply over the above amounts.
- Any overdraft we agree is repayable on demand, including any fees or interest and subject to application and approval.
- You must 18 years old or over to apply.
Find out more detailed information on overdrafts such as fees, charges and managing your overdraft limit.
If you use a Planned Overdraft of £1,200 on our Silver Account the overdraft interest rate we charge on the first £50 will be 0% EAR variable. The overdraft interest rate on the next £1,150 will be 19.94% EAR variable and a Monthly Overdraft Usage Fee of £6 will apply.
If you use a Planned Overdraft of £1,200 on our Platinum Account the overdraft interest rate we charge on the first £300 will be 0% EAR variable. The overdraft interest rate on the next £900 will be 17.28% EAR variable and a Monthly Overdraft Usage Fee of £6 will apply.
Why not add Vantage?
Vantage is a free add-on that allows you to earn up to 3% AER (2.96% Gross) variable on your balance of £3,000 - £5,000.
Vantage interest rates are tiered so you will earn 2.00% AER (1.98% Gross) variable on balances of £1,000 - £2,999.99, 1.50% AER (1.49% Gross) variable on balances of £1 - £999.99.
No interest is paid on balances over £5,000 and lower interest rates apply below these amounts. Interest is paid monthly.