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Access Saver
Want some savings that you can access when you need to? This flexible account lets you save and withdraw your money when you like.
Summary box for the Access Saver
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1.05% AER/gross on balances from £1 - £24,999.
1.15% AER/gross on balances from £25,000 - £99,999.
1.20% AER/gross on balances of £100,000 or more.
The interest rate is variable. Interest is paid 12 months after you open the account. The rate applies to the full balance.
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Yes. As this account pays a variable rate of interest it can change over time. We’ll always let you know of any planned changes to the rate. Our terms and conditions (PDF, 182KB) explain when and how we do this. For example, we might review the interest rate if the Bank of England base rate changes.
We’re making some changes to our conditions on 02 June 2025. For details, please see our guide to changes (PDF, 72KB).
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For example, if you deposit £1,000 when you open the account, the balance after 12 months will be £1,010.50.
If you deposit £25,000 when you open the account, the balance after 12 months will be £25,287.50.
If you deposit £100,000 when you open the account, the balance after 12 months will be £101,200.00.
This assumes:
- You make the deposit on the day you open the account.
- You don’t pay more money into the account.
- You don’t withdraw any money.
- You keep your interest in this account.
- The interest rate stays the same.
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This account can be opened and managed:
- online
- on our app
- in branch
- by phone.
If you have a Smart Start savings account with us, it will change into this account at the end of its term.
Bear in mind:
- You must be 16 or over and resident in the UK.
- You need to open the account in your sole name but you can make it joint once it's open.
- Open with just £1. The maximum opening deposit is £9 million.
- You can have up to five Access Saver accounts and name each one.
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Yes. You can withdraw from this account as often as you’d like, and there are no charges.
After 12 months the account will change to an Instant Access Savings Account. Before this happens, we'll contact you to explain your options and next steps.
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Gross rate means we won’t deduct tax from the interest we pay on money in your account. You will need to pay any tax you may owe to HM Revenue & Customs (HMRC).
AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each year.
For more definitions, view our savings glossary.
Access Saver
You should read the summary box and the account conditions (PDF, 622KB) before you apply.
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Do you want to apply offline?
If you’d prefer to speak to someone, give us a call or visit your nearest branch.
We’re making some changes to our conditions on 02 June 2025. For details, please see our guide to changes (PDF, 73KB).
Already have a savings account with us?
Existing Bank of Scotland easy access savings accounts can be renewed into an Access Saver without opening a new account
