This comparison simply includes all savings accounts.
Bank Of Scotland Current Account
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
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.
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. This is a great option if you can meet the requirements, 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:
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.
This account comes with a charge of £9.95 a month but comes with added value benefits.
- 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.
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.