Understanding the base rate

The base rate changing may impact your savings. We're here to explain the facts.

Useful to know

On 6 February 2025, the Bank of England announced a decrease in the Bank of England base rate from 4.75% to 4.50%.

A look at the details

Getting started online

 

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Online banking

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Mobile banking app

  • Join our 1 million app users
  • Simple and secure log in.
  • Set up handy notifications.
Download app

Online banking

Log in to view or manage your accounts on our website.

Log in

Register

Protecting your money



The Financial Services Compensation Scheme (FSCS) protects up to £85,000 of the eligible money you hold with us.

More about the FSCS

 


Protecting your money

The Financial Services Compensation Scheme (FSCS) protects up to £85,000 of the eligible money you hold with us.

More about the FSCS

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Money worries

With the rising cost of living, it's natural to worry about your money. We’re here to help.
 

Help with your finances

Savings accounts and ISAs

Whatever you’re saving for, Bank of Scotland are here by your side.

View our savings accounts

Savings accounts and ISAs

Whatever you’re saving for, Bank of Scotland are here by your side.

View our savings accounts