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Savings guides & tools

Making the right choice for you and your money

Savings Calculator

Our Savings Calculator is a handy tool that helps you choose a Scottish Widows Bank savings account that’s right for you. It lets you:

  • Specify the amount you’d like to save each month.
  • Enter your starting balance.
  • Decide how long you would like to save for
  • Select a Scottish Widows Bank account

It will then give you an idea of how much your savings could potentially earn.

Please note:

  • The amount displayed is for illustration purposes only and is not guaranteed
  • Interest rates are variable and subject to change. Please see our latest interest rates for more information.
  • The 0.75% interest rate bonus available to new customers for the first six months is included in the calculation.
  • It is assumed the starting balance includes any monthly amount you want to save.
  • Our Calculator does not take into account any charges or taxation.
  • The Gross Annual Interest Rate is calculated on a daily basis.
  • You may invest a maximum of £3,600 in a cash ISA in any given tax year. For full details on the limitations to investing see the cash ISA terms and conditions.
  • If there are changes in legislation ISAs may not always be available in the future.
  • For the purposes of this calculation a month is equal to 30 days.