Internet Only Accounts

Our Internet Only accounts give you a convenient way for you to manage your savings. Some customers have a Web Saver account which we offered until September 2011. You can find information about Web Saver accounts below.

  1. Closing a savings account

    If you wish to close a savings account, please visit your local branch.

    Back to top

  2. Interest rates

    If you would like to view interest rates for any of our personal savings accounts see Personal rates.

    Back to top

  3. Moving Money

    You can set up an internal Standing Order, transfer a payment to another Bank of Scotland account, make a bill payment, pay your Bank of Scotland credit card bill and order travel money all from a Variable Web Saver account.

    If your account is a Variable Web Saver Extra you are allowed one withdrawal per anniversary year*. If you make more than one withdrawal a year, or if you close your account having already made a withdrawal that year, you will lose an amount equivalent to 30 days interest on the amount withdrawn or the closing balance.

    Please note that any payments made from your Variable Web Saver Extra account, including transfer of interest will be counted as a withdrawal.

    Click here for more details on moving your money.

    *'Anniversary year' means the period of one year from the date the account has been funded as opposed to account opening.

    Back to top

  4. Interest for Variable Web Saver Extra

    You are allowed one withdrawal a year without loss of interest. If you make more than one withdrawal per anniversary year*, or you close your account having already made a withdrawal that year, you will lose an amount equivalent to 30 days interest on the amount withdrawn, or the closing balance.

    Please note that any payments made from your Variable Web Saver Extra account, including transfer of interest will be counted as a withdrawal.

    *'Anniversary year' means the period of one year from the date the account has been funded as opposed to account opening.

    Back to top

  5. Naming your Web Saver or Internet Saver

    You can give your Web Saver a name such as 'holiday' or 'university money', depending on what you're saving for. To do this select the 'Rename account' link, amend the account name and click 'Update'.

    Back to top