Instant Access Account

Save without limiting your cash flow and with the reassurance that funds are available when you need them.

Ready to apply?

In order for us to point you in the right direction we need to ask you a few questions

Customers with a turnover above £3m

 

If you are a customer with annual business turnover more than £3m, please call us to apply.

 

We're sorry

We’ve taken the difficult decision to temporarily stop accepting new savings account applications to ensure colleagues can continue to provide vital support to existing customers at this unprecedented time.

This is undoubtedly going to cause a level of inconvenience, but please be reassured that we’ll reinstate the ability to accept new account applications at the earliest opportunity. Thank you for your understanding at this time.

Customers with a turnover above £3m

 

If you are a customer with annual business turnover more than £3m, please call us to apply.

 

Features and benefits

  • Instant access to your savings
  • Start saving from as little as £1
  • Interest calculated daily and applied monthly
  • Make unlimited withdrawals and pay in additional funds

Eligibility

To apply for our savings products, you should:

  • Be a sole trader, or a partner or director of the business
  • Be over the age of 18
  • Require the account for business use

What you’ll need to open an account

To apply for our savings products, you'll need:

  • Your business contact details
  • To choose the savings account for your needs
  • The amount you want to deposit
  • For clients with an annual business turnover of £0-3 million

    These interest rates are correct as at 3 August 2020.

    This product is not linked to the reference interest rate.

    In line with the product terms and conditions customers will be contacted should the rate on this product change.

    Account

    Deposit amount

    Interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.. / GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    Account

    Instant Access Account

    Deposit amount

    £1,000,000+

    Interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.. / GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.01%

    Account

    Instant Access Account

    Deposit amount

    £250,000+

    Interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.. / GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.01%

    Account

    Instant Access Account

    Deposit amount

    £100,000+

    Interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.. / GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.01%

    Account

    Instant Access Account

    Deposit amount

    £50,000+

    Interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.. / GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.01%

    Account

    Instant Access Account

    Deposit amount

    £1+

    Interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.. / GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.01%

    For clients with an annual business turnover of £3-25 million

    Instant Access Account interest rates (PDF, 362KB)

     

  • For clients with an annual business turnover of £0-3 million

    Instant Access Account interest rates (PDF, 53KB)

    For clients with an annual business turnover of £3-25 million

    Instant Access Account interest rates (PDF, 362KB)

    General terms and conditions

    Make sure you understand the small print.

    Terms and conditions

     

Savings Strategy Tool

Our tool can make your money work harder by matching your cash forecasts against our deposit products, helping you create a savings strategy bespoke to your needs.

Get your savings strategy
FSCS protected

Financial Services Compensation Scheme

Eligible deposits with Bank of Scotland plc are protected up to a total of £85,000. Due to FSCS eligibility criteria not all business customers will be covered.

More about FSCS

Ready to apply?

Log in to Business Internet Banking to apply for an Instant Access Account.

Log in and apply

Talk to our specialists

If your business turnover is between £0-3m please call

0345 604 5539

 

If your business turnover is between £3-25m please call

0345 606 0286