Savings

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 was raised from £3,600 to £5,100 from 6 October 2009 for people born on or before 5 April 1960, for the tax year 2009/10
• Cash ISA limit is currently £3,600, and will increase to £5,100 for all investors aged 16 and over from 6 April 2010

• Ideal if you don’t need access to your cash for the next 12 months
• Fixed rate of interest earned on your money for 12 months and paid to your account at maturity
• Minimum deposit of £10,000, maximum £1,000,000
• Available to new and existing Scottish Widows Bank customers.

• 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 any deposit funds which are non-personal, it offers a high interest deposit facility
• Available to a wide range of companies, charities, clubs and associations
• Ideal if you don't need access some of your money for the next 12 months
• Fixed rate of interest earned on your money for 12 months and paid to the account at maturity
• Minimum deposit of £10,000.

• 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.

• 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 12 months
• Available to pension fund trustees
• Fixed rate of interest earned on your money for 12 months and paid to the account at maturity
• Minimum deposit of £10,000.

• 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.