Full product details for the Bank of Scotland Vantage Gold 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 17.32% EAR (variable).
Account Type
packaged
Monthly Charge
£12
A monthly charge of £12.00 is payable.
Minimum Monthly Credit
£1,000
There is a minimum monthly credit required of £1000.00. Lower rates are applied if the monthly mandate is less than £1,000.
Interest Free Overdraft Limit
£100
There is an interest free overdraft of £100 (subject to application and approval).
Standard Overdraft Rate
17.32%
The rate charged for authorised overdrafts is 17.32% EAR.
Headline Interest Rate
3%
The headline interest rate is 3.00% AER.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£0
The minimum investment is £0.
Internet Banking
yes
Free internet banking service is available to Personal and Business customers holding accounts in the UK. Simply register and the following options are available for full internet banking: - account list - account details - statements - transfers & payments - standing orders - direct debits - overdrafts - savings accounts - travel money
Branch Banking
yes
This account can be operated through a branch.
Telephone Banking
yes
PhoneBank is a person-to-person telephone banking service for Gold Service account holders. It is available 24 hours a day, 365 days a year. The customer can use PhoneBank to pay bills, check balances, transfer money between accounts and also can arrange loans, overdrafts and set up or amend standing orders.
Account Promotions
yes
AA Roadside Assistance. An Exclusive Saver account will offer the customer a higher return on their savings. Worldwide travel insurance, for the customer and their partner. Commission free foreign currency and traveller's cheques. Sentinel Card Services Protection available. Mobile phone insurance (home & abroad). 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
£1,000
There is a minimum monthly credit required of £1000.00. Lower rates are applied if the monthly mandate is less than £1,000.
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
The minimum investment is £0.
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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