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This comparison simply includes all savings accounts.

Yorkshire Bank
Signature Current Account Yorkshire Bank
Open With £1
Account Type Current Account
Features Shopping discounts plus insurance cover

Why we like it: Discounts available when you shop at certain major high street stores and supermarkets, as well as some holidays, cinema, concert tickets and events. All year round family travel insurance, UK breakdown cover, mobile phone and gadget insurance

Clydesdale Bank
Signature Current Account Clydesdale Bank
Open With £1
Account Type Current Account
Features Shopping discounts plus insurance cover

Why we like it: All year round travel insurance , UK breakdown cover, mobile phone and gadget insurance, and certain discounts available to account holders for some major stores and supermarkets, cinema tickets, holidays, events and concerts.

B
Current and Savings Account B
Open With £1
Account Type Current Account
Interest AER 0.5%

Why we like it: INNOVATIVE NEW BANKING SERVICE powered by Clydesdale and Yorkshire Banks. Get your current account and instant access savings account working together. Earn 0.50% AER on ALL instant access credit balances and 0.25% AER on current account balances up to £2,000. Fee free

Santander
123 Current Account Santander
Open With £1000
Account Type Current Account
Interest AER 1.50%

Why we like it: BEST SELLING CASHBACK CURRENT ACCOUNT. Earn 3.00% AER (variable) interest on balances from £3,000 up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Must pay in £500 pm.

First Direct
Current Account First Direct
Open With £1
Account Type Current Account
Features FREE £250 Overdraft £100 For Switching

Why we like it: £100 for switching into account. £250 interest free overdraft. Free banking if paying over £1,000 per month. £100 if not satisfied after 6 months

NatWest
Reward Account Natwest
Open With £1
Account Type Current Account
Features 3% in Rewards

Why we like it: Top 20% of Reward Customers earn on average £217 - You can earn Rewards on Direct Debits from your current account for: • Council tax • Gas, electricity and water supply • Home and mobile phone, TV package and broadband fees

Disclaimer: To apply for this account you must be aged 18 or over. UK resident. Not been declared bankrupt in last 6 years.

Barclays
Bank Account Barclays
Open With £1
Account Type Current Account
Features Earn rewards of up to £180

Why we like it: Earn rewards of up to £180 a year when you bank with Barclays - Get an annual loyalty reward of £84 plus £60 on your Barclays residential mortgage and £36 on your Barclays home and contents insurance. Start earning rewards with a monthly £3 fee based on £800 paid into your account and 2 direct debits paid out every month

Compare Bank of Scotland Current Accounts

Bank of Scotland offer a range of current accounts for all needs. You can add the free ‘Vantage’ reward to any of their accounts, which allows you to earn earn 3% AER (2.96% Gross) variable interest on your balance of £3,000 - £5,000.

To qualify for this you must pay at least £1000 into your account each calendar month, stay in credit (above £0) during the monthly billing period and pay at least two different Direct Debits from your account each calendar month. As long as you can meet the requirements, this is a great option as otherwise Bank of Scotland does not pay interest on your balance.

All Bank of Scotland accounts offer the following:

  • Access to Internet and Mobile Banking, 24-hour telephone services as well as any of their branches in Scotland
  • A great range of tools you can add to your account, such as Control to stop you going overdrawn
  • A VISA debit card enabled for contactless payments
  • Current Account Switch Guarantee
  • Free mobile text alerts
  • Arranged Overdraft

Their accounts include:

Classic Account

This is a basic bank account which does everything you would expect from a standard account. Such as making payments and setting up direct debits.

This account comes with an overdraft with a £25 buffer at 0% EAR variable interest. The overdraft interest rate on the remainder would be 19.89% EAR variable. A monthly overdraft usage fee of £6 does apply.

Silver Account

This account comes with a charge of £9.95 a month but comes with added value benefits.

These include:

  • European Travel Insurance for you and your family including winter sports cover (for account holders under 65)
  • AA Breakdown Cover with Roadside Assistance and Accident Management
  • Mobile Phone Insurance
  • Card Loss Assistance

This account comes with a 0% interest buffer of £50 and the remainder will be 19.89% EAR variable. A Monthly Overdraft Usage Fee of £6 will apply.

Platinum Account

This account comes with a charge of £17 a month but comes with added value benefits. These include:

  • Worldwide Travel Insurance for you and your family including winter sports cover (for account holders under 80)
  • AA Breakdown Cover with Roadside Assistance, Relay, Home start and Accident Management
  • Mobile Phone Insurance
  • Card Loss Assistance.

This account comes with a 0% interest rate on £300 and the remainder will be 19.89% EAR variable. A Monthly Overdraft Usage Fee of £6 will apply.

Overall Bank of Scotland offer some great options, particularly due to their optional ‘Vantage’ add-on which allows you to earn interest on any of these accounts. Users who have separate insurance policies and desire a higher rate of 0% interest free overdraft could save with the Silver and Platinum accounts.

Latest news

Are you getting 10% on your savings?

In these low interest times getting a decent rate of return on your cash is not easy. Surprisingly some of the best interest rates are available via current accounts.

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Simplysavingsaccounts.co.uk is a trading style of Fair Investment Company Ltd.

We've been comparing savings and current accounts for many years so you can trust you're in good hands.