- Home
- > Bank Accounts
- > Added value current accounts
- > Silver Account
Silver Account
|
European Travel Insurance and Mobile Phone Insurance and more benefits worth up to £249* a year. All for as little as £7.95 a month. |
 |
Benefits & features
Introductory offer: Apply or upgrade your existing account and get all the Silver Account benefits for just £3 a month for the first two full months then the standard monthly fee of £7.95 per month applies after that.*
| Insurance benefits † | |
| European Travel Insurance up to 64 years of age | European Travel Insurance for you and your partner up to 64 years of age (22 days per trip). |
| AA Breakdown Cover | UK roadside assistance whether you're in your own car or someone else's. |
| Mobile Phone Insurance | Worldwide cover for loss, theft, accidental damage, breakdown and unauthorised calls. |
| Sentinel® Card Protection | Help if your credit, debit or store cards are lost/stolen. One membership covers everyone in your household. |
*We reserve the right to remove introductory pricing offers at any time.
Silver Accounts opened from 24 March 2012 Sentinel® Card Protection will not offer cover against unauthorised and fraudulent use of cards.
However, if you are the victim of card fraud you should be covered by the bank who issued your card.
The level of fraud cover may differ between card issuers so if in doubt you should contact your card issuer directly.
All of the other Sentinel® Card Protection benefits (pdf) remain the same.
| Features | |
| A Visa debit card |
Use in over 500,000 places in the UK and 27 million outlets worldwide.** |
| Overdraft buffer | £10 overdraft buffer. No overdraft fees or interest to pay if you go overdrawn (either planned or unplanned) by £10 or less. |
| Grace period if you go over your limit | Pay in enough money before 3.30pm (UK time) to avoid any overdraft fees you may incur that day. The money needs to be immediately available to use, so you could transfer money from another personal account you have with us via Internet Banking or Telephone Banking or pay in cash over the counter in branch. |
| Internet and Telephone Banking | Secure services where you can do everything from checking balances and payments to transferring money, and a whole lot more. |
Apply for a Silver Account
Or apply for a Silver Account with Vantage
*Benefits breakdown
Your Silver Account is worth up to £249 a year.
This is based on the following:
| Benefit | Worth up to (per year) | Based on |
| European Travel Insurance | £90 | The annual cost of a similar standalone product for two adults to Europe only. |
| AA Breakdown Cover | £56 | Single Personal AA Breakdown Cover including Roadside Assistance (payment by direct debit), plus Accident Management. Comparison price excludes any online or other discounts. |
| Mobile Phone Insurance | £83 | A Vodafone Mobile Phone Insurance Policy. |
| Sentinel® Card Protection | £20 | Sentinel® Card Protection for one year. |
Correct as at September 2011.
Apply for a Silver Account
Or apply for a Silver Account with Vantage
Vantage
Vantage is a free addition for your current account giving you the benefit of credit interest on your current account. So it gives you the opportunity to earn a competitive rate of interest on your current account without having to manage multiple accounts and move money around during the month.
To get the benefit of Vantage each month you must:
- Pay into your account at least £1,000 each calendar month;
- Keep your account in credit (that is above £0) during the monthly billing period.
In months you don’t meet the Vantage conditions, you won’t earn interest on the amount in your account for that month. You also won’t earn interest on amounts over £5,000.
Vantage features and benefits:
- Variable tiered interest rates start from 1.50% AER/1.49% Gross on balances of £1-£1,000 and go up to 3.00% AER/2.96% Gross on balances of £3,000-£5,000.
Earn interest on the whole balance up to £5,000. The rate varies depending on how much is in your account. - Interest is calculated daily and paid into your current account monthly.
Apply for a Silver Account
Or apply for a Silver Account with Vantage
†We use a range of third party insurance providers for the benefits on this account (exclusions apply). Benefits are subject to application and approval.
**When using your Bank of Scotland Visa debit card abroad please note that fees and charges will apply.
Account opening is subject to our assessment of your circumstances and to you meeting all eligibility conditions.
AER (Annual Equivalent Rate) - the rate if interest was paid and compounded once a year. Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
Overdrafts are repayable in full on demand.
You have to register for Internet Banking and Telephone Banking. Terms and conditions apply.
We may monitor and record calls.
The Travel Insurance policy is only available to You if You will be living in the United Kingdom for at least six months during each 12 month period following the opening of Your Bank of Scotland Silver Account.
Mobile Phone Insurance, Sentinel® Card Protection, AA Breakdown Cover and Travel Insurance are only available to customers who are UK residents. Registration is recommended to benefit from certain features and you should check the Terms and Conditions of cover to confirm requirements.
Bank of Scotland plc, Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Authorised and regulated by the Financial Services Authority except for lending for which we are licensed by the Office of Fair Trading.