Giving you more reasons to save
Our personal savings accounts
Whatever you’re saving for we offer a range of products with varying degrees of access and interest so you can choose one that suits you best.
- Ideal if you want a competitive interest rate and enjoy being in control of your savings through online banking
- Bonus of 0.69% on the interest rate for the first 12 months for new Scottish Widows Bank customers
- Minimum balance only £1
- Account managed via Internet Banking
- Apply online - now
- Ideal if you are looking for a high rate of return and immediate transfer of funds to your main bank or building society account
- Bonus of 1.25% on the interest rate for the first six months on the first account you open
- Internet Banking available
- Minimum balance only £100
- Ideal if you do not need immediate access to your funds and would like a higher rate of interest
- Bonus of 1.25% on the interest rate for the first six months on the first account you open
- Internet Banking available
- Minimum balance only £100
- Ideal if you are looking for a consistently competitive, tax free rate of return
- Operated by Internet Banking
- Bonus of 1.50% on the interest rate for the first 12 months on the first account you open
- Minimum balance only £10
- Cash ISA limit is £5,100 for all investors aged 16 and over
- Ideal if you don’t need access to your cash for the next five years
- Fixed rate of interest earned on your money for five years
- Minimum deposit of £10,000, maximum £5,000,000
- Available to new and existing Scottish Widows Bank customers
Our non-personal savings accounts
- Ideal for charities
- Choice of access - either Instant Transfer or 7-Day Notice
- This account works alongside your organisation’s existing bank or building society current account
- Minimum balance only £500
- Ideal for clubs and associations
- Choice of access - either Instant Transfer or 7-Day Notice
- This account works alongside your organisation’s existing bank or building society current account
- Minimum balance only £500
- Ideal for a wide range of formal trusts
- Available to Bare Trusts, Possession Trusts, Discretionary Trusts, Accumulation and Maintenance Trusts, and Contingent Trusts
- Works alongside the trust’s existing bank or building society account
- Manage the account by telephone or post
- Ideal if your organisation doesn't need access to its cash for the next 12 months
- Available to Charities, Trusts, Clubs and Associations
- A fixed rate of interest during the one year term.
- Minimum deposit of £10,000
- Available to pension fund trustees only
- A simple way to get more out of the pension funds you hold
- Minimum balance only £500
- Works alongside your existing pension fund current account
- Ideal if your pension fund doesn't need access to some of its cash for the next five years
- Available to pension fund trustees
- Fixed rate of interest earned on your money for five years
- Interest will be paid monthly, quarterly or annually
- Minimum deposit of £10,000
