Earn 1.5% AER variable on balances of £1 - £5,000 with Vantage

Vantage is our free add-on for current accounts that pays you 1.5% AERAnnual 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% grossGrossGross 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.

If you have a Classic, Silver, Platinum, Gold or Premier Account, you can add Vantage to it.

Please note: From the 1st October 2019, we will be changing the interest you can earn on accounts with Vantage. The current interest rate of 1.5% AER/1.49% annual gross variable, payable on balances from £1 up to £5,000, will reduce to:

  • 1% AER / 0.99% annual gross variable on balances from £1 up to and including £3,999.99 and will increase to
  • 2% AER / 1.98% annual gross variable on the part of any balance from £4,000 to £5,000

Provided you meet the qualifying conditions for credit interest. For details of this change please see the Vantage guide (PDF).

Do I qualify for Vantage?

It’s straightforward; simply:

  • pay at least £1000 into your account each calendar month, and
  • stay in credit (above £0) during the monthly billing period, and
  • pay at least two different Direct Debits from your account each calendar month.

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.

Do I qualify for Vantage?


AER % - Interest Paid Monthly

Gross p.a % - Interest Paid Monthly


£1 - £5,000

AER % - Interest Paid Monthly


Gross p.a % - Interest Paid Monthly


I want a new current account with Vantage

Apply for a Classic Account and add Vantage during your application.

We should be able to give you a decision within 10 minutes.

Apply todayfor a new current account with Vantage.

I already have an account to add Vantage

If you are registered for Internet Banking, just log on and click on the ‘Upgrade’ button next to the account you would like to add it to.

If you are not registered, you can register for Internet Banking.

Add Vantage onlineClick to add vantage to your account

Alternatively, you can phone us or visit us in branch. You can also compare all our bank accounts to see which one suits you best.

You need to be aged 18 years or over.

For each month that you meet the Vantage conditions, interest is calculated daily on the balance of your account at the relevant Vantage interest rate from the second working day of that month. The interest is paid into your account at the end of the first working day of the next month. Rates are correct as of 11 June 2017.

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.