Bank of Scotland savings accounts
Bank of Scotland offers a broad range of savings accounts with interest rates up to 5.5%.

Bank of Scotland offers a range of options for various types of savers.
Bank of Scotland's top savings rate of 5.5% is available on its regular savings account.
We currently don't have that product, but here are others to consider:
How we picked theseWe currently don't have that product, but here are others to consider:
How we picked theseWe currently don't have that product, but here are others to consider:
How we picked theseWe currently don't have that product, but here are others to consider:
How we picked theseThe best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.
Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Bank of Scotland offers, plus the highest interest rate currently available.
Savings account types include | Cash isas, fixed-rate bonds, regular savers, business |
---|---|
Best cash ISA rate | 3.6% |
Best fixed-rate bond rate | 3.8% |
Best regular saver rate | 5.5% |
Best business savings account rate | 3.06% |
Fixed bond terms | 1 year - 2 years |
Opening options | Branch, website, mobile app, telephone |
FSCS protection |
You can open and manage your accounts online with Bank of Scotland. You can see how much interest your savings are earning in its mobile app too.
The bank does have a physical high street presence but not outside Scotland.
The Bank of Scotland offers the Current Account Switch Service, so you should be able to completely move your current account within 7 working days.
This includes transferring your salary, direct debits and standing orders. It even closes your old account for you.
Firstly, you need to decide what you’re looking for in a savings account. Are you looking to save little and often, and do you need access to your cash? Or do you have a lump sum you could lock away for a year or more?
You need to work out what you need before comparing the different offers available for certain types of savings accounts. Once you have done that, it’s useful to look at:
Email support | |
---|---|
Telephone support | |
In-app or live chat | |
Contact form | |
Branch support |
Whether you want to lock away your money for a fixed amount of time, or need to be able to access it whenever required, Bank of Scotland offers a range of savings accounts and other options to help you manage your money.
Don’t forget to check our other reviews first, though, to see how Bank of Scotland savings accounts weigh up against the competition in terms of rates, fees and perks.
See how much money people your age have in savings, and learn how to boost your savings balance if it’s below average.
Our research found that 41% of Brits work from home at least some of the time as of March 2025. We look at who is working from home and how working from home affects productivity.
If you earn interest from a savings account, you need to pay tax on that interest at the same rate as the rest of your annual taxable income.
Discover the most noteworthy qualities of easyMoney compared to other Innovative Finance ISA providers.
In this guide, you’ll learn about the pros and cons of the savings accounts available from My Community Finance.
Discover how a lifetime ISA works, how to find the best lifetime ISA and more.
If you’re over 50 looking for the best ISA rates, this guide will provide all the information you need
Discover what is an easy-access ISA, how to find one and more.
We look at 56 cities in the UK to see where it would be quickest and slowest to save up for a deposit on a house.
Nationwide’s savings account options explained. Whether you’re happy to tie up your money or need instant access, we’ve covered the options.