Full product details for the Bank of Scotland Premier Account 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 10.43% EAR (variable).
Account Type
packaged
Monthly Charge
£25
A monthly charge of £25.00 is payable.
Minimum Monthly Credit
£0
There is no minimum monthly credit required.
Interest Free Overdraft Limit
£500
Interest fee and charge free overdraft limit of £500 available (subject to application and approval).
Standard Overdraft Rate
10.43%
The annual rate charged for authorised overdrafts is 10.43% EAR.
Headline Interest Rate
0%
Not applicable - no credit interest is paid.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£0
There is no minimum investment required to open this account.
Internet Banking
yes
Internet banking is available.
Branch Banking
yes
This account can be operated through a branch.
Telephone Banking
yes
Telephone banking is available.
Account Promotions
yes
AA Roadside Assistance. Access to an Exclusive account Worldwide annual travel insurance with a choice of family or winter sports cover. Commission free foreign currency and traveller's cheques. Sentinel Card Services Protection available. Mobile phone insurance (home & abroad). ID Aware identity theft assistance. Home emergency cover. Save My Numbers service available - stores and retrieves mobile phone numbers.
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 required.
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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