Go paper-free
Amend paper-free preferences for your statements and correspondence.
Our savings account range.
As an alternative to savings, we have included some investment options that you may also like to consider.
Account name |
Interest |
Minimum opening balance |
How long the account stays open for |
Withdrawals |
More information |
---|---|---|---|---|---|
Account name Lock your money away for up to two years. It pays you a fixed rate of tax-free interest. |
Interest 3.95% AER/tax free fixed for the 1-year term. 3.65% AER/tax free fixed for the 2-year term.
An extra 0.05% AER/tax free for the one year term or 0.10% AER/tax free for the two year term will be added if you already have a Bank of Scotland personal current account that has been opened for a minimum of 40 days.
Choose to have interest paid after each year or each month. |
Minimum opening balance ÂŁ500 |
How long the account stays open for Until the end of the fixed term. Then your account will change to an ISA Saver. |
Withdrawals None. You can close the account early or transfer money to another ISA but you would be charged. |
More information |
Account name A fixed interest rate account for savers who are happy to put away their money for up to two years. |
Interest 3.95% AER/gross fixed for the 1-year term. 3.65% AER/gross fixed for the 2-year term.
An extra 0.05% AER/gross for the one year term or 0.10% AER/gross for the two year term will be added if you already have a Bank of Scotland personal current account that has been opened for a minimum of 40 days.
Choose to have interest paid after each year or each month. |
Minimum opening balance ÂŁ2,000 |
How long the account stays open for Until the end of the fixed term. Then your account will change to an Instant Access Savings Account. |
Withdrawals None. You can close the account early but you would be charged. |
More information |
Account name Watch your savings grow with fixed interest. |
Interest 5.50% AER/gross fixed. Interest is paid after a year. |
Minimum opening balance ÂŁ25 to ÂŁ250 a month |
How long the account stays open for 1 year. Then your account will change to an Instant Access Savings Account. |
Withdrawals Unlimited |
More information |
Account name Instant Access Savings Account Your Fixed Rate Bond, Access Saver, Monthly Saver, or Advantage Saver account will convert to this account at the end of its term. |
Interest 1.30% AER/gross on balances from ÂŁ1 - ÂŁ9,999. 1.35% AER/gross on balances from ÂŁ10,000 - ÂŁ49,999. 1.80% AER/gross on balances of ÂŁ50,000 or more. The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account. |
Minimum opening balance ÂŁ1 |
How long the account stays open for No end date |
Withdrawals Unlimited |
More information You can't apply directly for this account |
Account name If you have a Fixed Cash ISA, Access Cash ISA or Advantage ISA Saver with us, it will change into this account at the end of its term. |
Interest 1.30% AER/tax free on balances from ÂŁ1 - ÂŁ9,999. 1.35% AER/tax free on balances from ÂŁ10,000 - ÂŁ49,999. 1.80% AER/tax free on balances of ÂŁ50,000 or more. The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account. |
Minimum opening balance ÂŁ1 |
How long the account stays open for No end date |
Withdrawals Unlimited |
More information You can't apply directly for this account |
For a definition of AER, gross and other terms, view our savings glossary.
Tax treatment depends on your individual circumstances and may change.
ISAs can be confusing. Use our guide to ISAs to find out how they work.
Already have an ISA elsewhere? You can transfer your existing ISA to us.
Account name |
Interest |
Minimum opening balance |
How long the account stays open for |
Withdrawals |
More information |
---|---|---|---|---|---|
Account name Pays more interest if you make fewer withdrawals. Save tax free and access your money easily. |
Interest 3.70% AER/3.64% tax free variable monthly if you make 3 or less withdrawals. 1.05% AER/1.04% tax free variable monthly if you make 4 or more withdrawals. Interest is paid monthly.
|
Minimum opening balance ÂŁ1 |
How long the account stays open for 1 year. Then your account will change to an ISA Saver. |
Withdrawals Unlimited. |
More information You need a Bank of Scotland current account with Vantage to open this account. |
Account name Lock your money away for up to two years. It pays you a fixed rate of tax-free interest. |
Interest 3.95% AER/tax free fixed for the 1-year term. 3.65% AER/tax free fixed for the 2-year term.
An extra 0.05% AER/tax free for the one year term or 0.10% AER/tax free for the two year term will be added if you already have a Bank of Scotland personal current account that has been opened for a minimum of 40 days.
Choose to have interest paid after each year or each month. |
Minimum opening balance ÂŁ500 |
How long the account stays open for Until the end of the fixed term. Then your account will change to an ISA Saver. |
Withdrawals None. You can close the account early or transfer money to another ISA but you would be charged. |
More information |
Account name Lock your money away for up to two years. It pays you a fixed rate of tax-free interest. |
Interest 1.15% tax free/AER on balances from ÂŁ1 - ÂŁ9,999. 1.25% tax free/AER on balances from ÂŁ10,000 - ÂŁ49,999. 1.60% tax free/AER on balances of ÂŁ50,000 or more. Interest is variable and paid after a year. The rate applies to the full balance. |
Minimum opening balance ÂŁ1 |
How long the account stays open for 1 year. Then your account will change to an ISA Saver. |
Withdrawals Unlimited |
More information |
Account name A tax free children's savings account. |
Interest 2.85% tax free/AER variable. Interest is paid after each year. |
Minimum opening balance ÂŁ1 |
How long the account stays open for Until the child's 18th birthday. Then the account will change to an adult Access Cash ISA. |
Withdrawals None until the child is 18. |
More information |
Account name If you have a Fixed Cash ISA, Access Cash ISA or Advantage ISA Saver with us, it will change into this account at the end of its term. |
Interest 1.30% AER/tax free on balances from ÂŁ1 - ÂŁ9,999. 1.35% AER/tax free on balances from ÂŁ10,000 - ÂŁ49,999. 1.80% AER/tax free on balances of ÂŁ50,000 or more. The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account. |
Minimum opening balance ÂŁ1 |
How long the account stays open for No end date |
Withdrawals Unlimited |
More information You can't apply directly for this account |
For a definition of AER, gross and other terms, view our savings glossary.
Tax treatment depends on your individual circumstances and may change.
Account name |
Interest |
Minimum opening balance |
How long the account stays open for |
Withdrawals |
More information |
---|---|---|---|---|---|
Account name For 11 to 15 year olds who want to save, spend and learn with parental oversight. |
Interest 2.85% AER/2.81% gross on balances from ÂŁ1 - ÂŁ1,000. 1.15% AER/1.14% gross on any excess above ÂŁ1,000. Interest on savings account only. Interest is variable and is paid after each month. |
Minimum opening balance ÂŁ1 |
How long the account stays open for After the child’s 18th birthday, the savings account will change to an Access Saver and the Spending Account will change to a Classic Account. |
Withdrawals Unlimited |
More information You need a Bank of Scotland current account with Vantage to open this account for your child. |
Account name For adults who want to save for a child aged 15 and under. |
Interest 2.85% AER/2.81% gross on balances of ÂŁ1 - ÂŁ5,000. 1.15% AER/1.14% gross on any excess above ÂŁ5,000. Interest is paid monthly and is variable. |
Minimum opening balance ÂŁ1 |
How long the account stays open for Until the child's 16th birthday. Then the account will change to an adult Access Saver. |
Withdrawals Unlimited |
More information |
Account name For under 18s who want to save for the future. |
Interest 2.85% AER/tax free variable. Interest is paid after each year. |
Minimum opening balance ÂŁ1 |
How long the account stays open for Until the child's 18th birthday. Then the account will change to an adult Access Cash ISA. |
Withdrawals None until the child is 18. |
More information |
Account name Instant Access Savings Account If you have a Fixed Rate Bond, Access Saver, Monthly Saver or Advantage Saver account with us, it will change into this account at the end of its term. |
Interest 1.30% AER/gross on balances from ÂŁ1 - ÂŁ9,999. 1.35% AER/gross on balances from ÂŁ10,000 - ÂŁ49,999. 1.80% AER/gross on balances of ÂŁ50,000 or more. The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account. |
Minimum opening balance ÂŁ1 |
How long the account stays open for No end date |
Withdrawals Unlimited |
More information You cannot apply directly for this account |
For a definition of AER, gross and other terms, view our savings glossary.
Tax treatment depends on your individual circumstances and may change.
Savings offer steady growth and you can earn variable or fixed interest on the money you put aside. The general rule is to have three months’ worth of living expenses saved up in an instant access savings account so you can cover unexpected costs.
Investments can be another way to help your money grow. We have a range of investment products for you to choose from.
Please remember that the value of all investments can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. Tax treatment depends on personal circumstances and may be subject to change.
Account name |
Interest |
Minimum opening balance |
How long the account stays open for |
Withdrawals |
More information |
---|---|---|---|---|---|
Account name Pays more interest if you make fewer withdrawals. Save tax free and access your money easily. |
Interest 3.70% AER/3.64% tax free variable monthly if you make 3 or less withdrawals.
1.05% AER/ 1.04% tax free variable monthly if you make 4 or more withdrawals. Interest is paid monthly.
|
Minimum opening balance ÂŁ1 |
How long the account stays open for 1 year. Then your account will change to an ISA Saver. |
Withdrawals Unlimited. |
More information You need a Bank of Scotland current account with Vantage to open this account. |
Account name Save tax free and access your money easily. |
Interest 1.15% tax free/AER on balances from ÂŁ1 - ÂŁ9,999. 1.25% tax free/AER on balances from ÂŁ10,000 - ÂŁ49,999. 1.60% tax free/AER on balances of ÂŁ50,000 or more. Interest is variable and paid after a year. The rate applies to the full balance. |
Minimum opening balance ÂŁ1 |
How long the account stays open for 1 year. Then your account will change to an ISA Saver. |
Withdrawals Unlimited |
More information |
Account name Pays a higher interest rate for making fewer withdrawals. |
Interest 3.70% AER/3.64% gross variable if you make 3 or less withdrawals. 1.05% AER/1.04% gross variable if you make 4 or more withdrawals. Interest is paid monthly. |
Minimum opening balance ÂŁ1 |
How long the account stays open for 1 year. Then your account will change to an Instant Access Savings Account. |
Withdrawals Unlimited. |
More information You need a Bank of Scotland current account with Vantage to open this account.
You can have up to five Advantage Saver accounts. You can name each one to help you save for different things. |
Account name This flexible account lets you save and withdraw your money when you like. |
Interest 1.15% gross/AER on balances from ÂŁ1 - ÂŁ9,999. 1.25% gross/AER on balances from ÂŁ10,000 - ÂŁ49,999. 1.60% gross/AER on balances of ÂŁ50,000 or more. Interest is variable and paid after a year. The rate applies to the full balance. |
Minimum opening balance ÂŁ1 |
How long the account stays open for 1 year. Then your account will change to an Instant Access Savings Account. |
Withdrawals Unlimited |
More information You can have up to five Access Saver accounts. You can name each one to help you save for different things. |
Account name For 11-15 year olds who want to save, spend and learn with parental oversight. |
Interest 2.85% AER/2.81% gross on balances from ÂŁ1 - ÂŁ1,000. 1.15% AER/1.14% gross on any excess above ÂŁ1,000. Interest on savings account only. Interest is variable and is paid after each month. |
Minimum opening balance ÂŁ1 |
How long the account stays open for After the child’s 18th birthday, the savings account will change to an Access Saver and the Spending Account will change to a Classic Account. |
Withdrawals Unlimited |
More information You need a Bank of Scotland current account with Vantage to open this account for your child. |
Account name Instant Access Savings Account If you have a Fixed Rate Bond, Access Saver, Monthly Saver or Advantage Saver savings account with us, it will change into this account at the end of its term. |
Interest 1.30% AER/gross on balances from ÂŁ1 - ÂŁ9,999. 1.35% AER/gross on balances from ÂŁ10,000 - ÂŁ49,999. 1.80% AER/gross on balances of ÂŁ50,000 or more. The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account. |
Minimum opening balance ÂŁ1 |
How long the account stays open for No end date |
Withdrawals Unlimited |
More information You can't apply directly for this account |
Account name If you have a Fixed Cash ISA, Access Cash ISA or Advantage ISA Saver with us, it will change into this account at the end of its term. |
Interest 1.30% AER/tax free on balances from ÂŁ1 - ÂŁ9,999. 1.35% AER/tax free on balances from ÂŁ10,000 - ÂŁ49,999. 1.80% AER/tax free on balances of ÂŁ50,000 or more. The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account. |
Minimum opening balance ÂŁ1 |
How long the account stays open for No end date |
Withdrawals Unlimited |
More information You cannot apply directly for this account |
For a definition of AER, gross and other terms, view our savings glossary.
Tax treatment depends on your individual circumstances and may change.
The Financial Services Compensation Scheme (FSCS) protects eligible deposits with us. To find our more you can visit our FSCS page, or the FSCS' website.
Rates of interest are subject to change. You can check when our rates have changed.