Make saving easier

Knowing the tips and tools to help you save, gets you closer to your goals quicker.

Why remember to save? Do it automatically

Want to save the same amount regularly, for example £20 every month or every week? There would be no need to remind yourself if you set up a standing order.

This payment can be easily set up and cancelled when you want through Internet Banking.

Set up a regular payment

Save the Change®

Have a Bank of Scotland debit card? You can save the difference to the nearest pound when you spend with it.

For example, spend £1.80 and 20p would be moved to your qualifying savings account.

Its so easy, you would save without noticing.

More about Save the Change®

The first steps of saving

  1. Create a budget

    Where is your money going? Find out and you can see where you can make cutbacks and move more money to your savings.
  2. Set targets

    Give yourself targets for the most you want to spend in different areas such as transport, food, rent, bills and entertainment.
  3. Save regularly

    Set up a standing order to move money to your savings account as soon as you get paid. And don't forget, if your income increases, increase the amount you save. You would save more without noticing.

More savings tips

  • Try set aside at least three months' salary in case of difficulties.
  • Separate your savings into different accounts. You can rename our savings accounts on Internet Banking.
  • Look for better deals on your energy, home insurance and car insurance on comparison websites.
  • Start long-term savings as soon as you can. Speak to your employer about possible pension schemes to join.
  • If you get some unexpected money, think about putting some of it into your savings.

Want face-to-face help?

You can book a personal review in branch to check you're making the most of your money.

The prize draw for savers

With more than 1,600 prizes in every monthly draw, saving could reward you with more than just interest.