Bank of Scotland Ultimate Reward Current Account

A current account that offers you a great range of benefits designed to help make life easier for just £12.50 a month.

Whether it’s travel insurance or car breakdown cover, we all pay for certain products and services through the year.  Yet for just the cost of one or two of these, you can enjoy so much more with the Ultimate Reward Current Account.

What you receive:

• The first £300 of any arranged overdraft is interest-free (0% EAR). Typical 19.5% EAR variable on arranged overdrafts over £300. Whether you can have an overdraft and the amount will depend upon your personal circumstances at the time you apply for one. Any overdraft we agree is subject to status.
• A great range of account benefits, including peace-of-mind insurance cover, exclusive offers and great rates.
• 2.50% AER (2.47% gross) variable interest on balances up to £2,500 and 0.10% AER/gross above this.
  
  

Peace-of-mind insurance cover 
How much would you pay to protect yourself and your family? You’d normally have to pay separately for each of the following types of protection. But we cover them all in one convenient package that is the Ultimate Reward Current Account.  

• Worldwide multi-trip travel insurance for two adults and all your children.
• RAC car breakdown cover – roadside assistance when you need it most.
• Mobile phone insurance for home and abroad if your mobile phone is lost, stolen or damaged.
• Card Care card protection for all your registered debit, credit, store and charge cards if they are lost or stolen at home or abroad.
• Home emergency cover – from burst pipes to broken windows, get the help and repairs you need.
• £100,000 worth of travel accident cover – protection if you have an accident while travelling on public transport abroad.
• Identity theft assistance – with identity fraud a growing problem in the UK, we'll provide help and support on our free advice line open 24 hours a day, 365 days a year.
• Purchase protection covering the items you buy with your Ultimate Reward Visa debit card if they’re lost, stolen or accidentally damaged.
• Price promise – if you buy an item with your Ultimate Reward Visa debit card and then see it cheaper elsewhere, you can claim back the difference from us.

Certain exlusions will apply to the insurance cover. For more details have a look at the following:

Ultimate Reward Current Account Insurance Terms and Conditions
Ultimate Reward Current Account Policy Booklet
Ultimate Reward Current Account Travel Insurance Terms and Conditions

Exclusive offers  

Wouldn’t it be great if your bank account helped you to make the most of your money? With the Ultimate Reward Current Account, that's what you can expect. This packaged account brings you a range of deals, account benefits and offers with you in mind.

• Save up to 15% on Halifax home and contents insurance.
• Save up to 15% on Halifax car insurance.
• Get 1% more interest than the standard rate paid on the Halifax Instant Saver account
• £150 bonus payment when you take out a Halifax First-time Buyer or Home Mover mortgage – a little extra help towards making it your home.
  Your home may be repossessed if you do not keep up repayments on your mortgage.
• Commission-free foreign currency and traveller’s cheques – so there’s a little extra spending money for your holiday. We will need to charge a 1% commission (minimum £3) when you buy sterling traveller’s cheques.
• An Ultimate Reward discount card, providing a range of offers. For example, you get up to 55% off holidays with Co-operative Travel and 20% discount off car rental with Avis. Visit Ultimate reward discounts for more details.

We want to make sure our customers get just what they need, so we regularly review and change our offers from time to time. Keep coming back to this page for details about our current offers.

And great rates too

• The first £300 of any arranged overdraft is interest-free (0% EAR). Typical 19.5% EAR variable on arranged overdrafts over £300. Whether you can have an overdraft and the amount will depend upon your personal circumstances at the time you apply for one. Any overdraft we agree is subject to status.
• 2.50% AER (2.47% gross) interest on balances up to £2,500 and 0.10% AER/gross above that.

As well as peace-of-mind insurance cover, exclusive offers and great rates with the Ultimate Reward Current Account, you get all the standard features you'd expect from a current account.

• A Bank of Scotland Visa debit card. Your best way to pay – everyday, everywhere, for everything
• Use of cash machines, for money in an instant. Withdraw up to £300, get mini statements, check your balance and top up your mobile.
• Access to any of our branches, as well as our 24-hour telephone and online banking service.
• A secure place to pay in your salary and other regular credits. Plus, the facility to set up direct debits so that you can manage your payments with ease.

Opening an Ultimate Reward Current Account or simply switching from your current bank account is really easy.

Then you can relax, knowing that your new bank account will be protecting your home and your family while giving you an extra helping hand with your money – freeing you up to live the life you want.

Online.
Are you a new customer? 
Are you an existing online banking customer?

By phone.

Call us on 08457 21 31 41 between 8am and 8pm Monday to Friday, 8am to 6pm on Saturdays and 9am to 5pm on Sundays

In person.

Call into any Bank of Scotland branch and apply there and then