Bank of Scotland Instant Access Savings Account Reward

Bank of Scotland has announced the launch of a new limited edition Instant Access Savings Account Reward (IASA Reward). This offer runs from 1st June.

Key features

A variable rate of 1.80% AER/gross p.a. for 12 months on balances over £1,000

A preferential rate of 2.00% AER/gross p.a. for 12 months for customers holding a qualifying Bank of Scotland current account
 
Up to 4 withdrawals during the 12-month Reward period2

Unlimited number of deposits

Minimum balance £1,000

Can be opened by phone, online or in Bank of Scotland branches

Can be managed 24/7 by telephone, online and post

Optional ATM card

One account per customer

After 12 months, or if the above conditions are not met, the account becomes the standard Instant Access Savings Account (IASA) with variable interest rates.