Instant Access Savings Account Reward

Key features

Save from £1,000 to £9 million and get a variable savings rate of 1.80% AER for 12 months, from the date you make your first deposit, and the option of making up to 4 withdrawals.

If you hold a Halifax or Bank of Scotland current account you could be eligible to receive an additional 0.20% AER on your Instant Access Savings Account Reward. Find out more about Bank of Scotland Exclusives

  • Limited offer - please note this is a limited offer available from 1st June 2010. This offer could be withdrawn at any time
  • Minimum/maximum balance- £1,000 to £9 million
  • 4 withdrawals - in the 12 month reward period
  • Unlimited deposits - in the 12 month reward period
  • Manage your savings - by telephone, post, optional cash card or online 24/7

View current rates, summary box and further information before you apply for an Instant Access Savings Account Reward

Current rates

Balance

Annual AER

Monthly AER

£1,000 - £9 million

1.80%

1.80%

The account becomes a standard  Instant Access Savings Account with variable interest rates at the end of the 12 month reward period. This also applies during the 12 month reward period if your balance does not remain between £1,000 and £9 million, or if you make more than 4 withdrawals.

Click here for previous Instant Access Savings Account Reward details and interest rates.

View summary box and further information before you apply for an Instant Access Savings Account Reward

Summary box

Key Product Information Summary Box

Account Name Bank of Scotland Instant Access Savings Account Reward
Interest rates (AERs) Interest rates in more detail   
Tax Status Interest will be paid net of income tax (currently 20%) unless you register your account with us to receive gross interest
Conditions for bonus payment  There is no bonus available on this account
 Withdrawal  arrangements

Up to 4 withdrawals within the 12 month reward period, without loss of interest. Withdraw up to £300 per day by cash machine with a card
 Access Telephone, online, post and cash machine (if you have a cash card)

View further information or apply for an Instant Access Savings Account Reward

Further information

Variable interest - this means the rate you earn can go up or down

Interest paid  - annually or monthly (at a slightly lower rate)

Maturity  - after 12 months the account becomes an Instant Access Savings Account and the standard interest rates and conditions will apply

Eligibility - UK resident personal customers aged 11+

Account conditions (pdf) and Reward interest rate and additional conditions (pdf).

We are a member of the Financial Services Compensation Scheme so our customers' savings are protected (up to £50,000).

Apply for an Instant Access Savings Account Reward

Apply

It only takes a few minutes...

Before you begin make sure you have the following details to hand:

  • Your Bank of Scotland Current Account details (if you are an existing customer)
  • Previous address details if you have lived at your current address for less than 3 years
  • If you are applying for a joint account, please ensure you have the above details for the second applicant, as well as their personal details.

...apply online  Apply now