Full product details for the Bank of Scotland Classic Account with Control current account, including account details, application criteria, facilities, rates, overdraft, fee & charges, incentives, student & graduate incentives and business accounts.
from 63 ratings
63 customers rated their Bank of Scotland current account as 4.0 out of 5 in our 2010/2011 Consumer Finance Awards.
If you use an overdraft limit of £1,200 the interest rate charged will be 19.28% EAR (variable).
Account Type
packaged
Monthly Charge
£10
There is a monthly fee of £10.00
Minimum Monthly Credit
£0
There is no minimum monthly credit.
Interest Free Overdraft Limit
none
There is no interest free overdraft limit.
Standard Overdraft Rate
19.28%
The rate charged for authorised overdrafts is 19.28% EAR.
Headline Interest Rate
0%
Not applicable - no credit interest paid.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£0
There is no minimum investment required to open this account.
Internet Banking
yes
A free Internet banking service is available to Personal and Business customers holding accounts in the UK. Simply register and the following options are available for full internet banking: - account list - account details - statements - transfers & payments - standing orders - direct debits - overdrafts - savings accounts - travel money
Branch Banking
yes
This account can be operated through a branch.
Telephone Banking
yes
PhoneBank Express is a free service to call automated telephone service, available 24 hours a day every day of the year, giving the customer quick access to their accounts. They can either speak their instructions or key them in with a touchtone phone. They can check their balance or recent transactions, order a statement, transfer money between accounts and pay bills.
Account Promotions
yes
Control package. Commission free foreign currency and travellers' cheques.
Application Criteria
Joint Account
yes
This account accepts applications in more than one name.
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Monthly Credit
£0
There is no minimum monthly credit.
Minimum Contract Term
0 months
Not applicable.
Minimum Age
18 years
The minimum age is 18 years.
Maximum Age
Unlimited
There is no maximum age limit.
Minimum Income
£0
No minimum income is required for this account.
Minimum Investment
£0
There is no minimum investment required to open this account.
Maximum Investment
Unlimited
The maximum investment is unlimited.
Student Bank Account
no
This is not a student bank account.
Graduate Bank Account
no
This is not a graduate bank account.
Area Restrictions
none
There are no area restrictions.
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Compare Bank of Scotland Classic Account with Control With These Current Accounts
Customers get £0 rewards payment from this current account.
O/D buffer limit of £5 is offered.
You get 4 days cheque clearance time from the current account.
£0 charges for copy of cheque is offered to you.
Customers get £300 rate free overdraft limit.
Representative Example: Up to £300, 0% interest per annum (variable). £301-£5,000, 18.3% interest per annum (variable). Subject to status and application.