Name of Account and Rate
 Provider: BANK OF SCOTLAND
 Name of Account: High Interest Current Account
 Credit Interest Rate (gross): 2.47 %
 Interest Rate: 2.5 %
 Interest Paid: Monthly
 
Account Structure
 Tiers Available
 
 Balance  AER  Gross
 £1  2.5%  2.47%
 £2501  0.1%  0.1%
 
 Account Details

 Access By:
Branch Post Post Office Telephone Internet Digital TV WAP
       
 Availability Information: UK residents aged 18 or over may apply. Applicants must not have been declared bankrupt/insolvent or had CCJs/decrees in the last 3 years.
 Minimum Income Required: No minimum.
 Free Banking If In Credit: Yes
 Service Charge: None
 Packaged Account: No
 Investment Conditions: The account must be credited with 1,000 or more per month. If customers do not make payments of at least 1,000 for 2 consecutive months, credit balances will earn 0.10% Gross/AER until the account receives funding of 1,000 or more for 3 consecutive months. Minimum opening amount is 1.00.
 Withdrawal Access: Instant access. Withdrawals of up to 1,200 may be made per day without notice at any Bank of Scotland branch.
 Benefits And General Notes: Benefits include:
An account switching service is available which will transfer standing orders, Direct Debits, salary payments and other regular credits to a customer's new Bank of Scotland current account.

A switcher's overdraft for 120 days, interest and charge free.

24 hour access via online and telephone banking.

Interest is calculated daily and paid monthly.
 
 Facilities
 Multi Function Card: The account must be credited with cleared funds of 100 before Bank of Scotland will issue a multi function card.
 Cash Card: Yes
 Debit System: Visa. Transactions abroad are subject to a conversion fee of 2.75%. Bank of Scotland will also deduct a service charge of 1.50 for each transaction.
 ATM and Cash Withdrawal Notes: Withdrawals of up to 300 a day can be made free of charge at Bank of Scotland and Halifax ATMs.
Cash withdrawals abroad are subject to a conversion fee of 2.75%. Bank of Scotland will also deduct a service charge of 1.50 for each transaction.
 Cheque Guarantee Card: N/A
 Cheque Book: Yes
 Standing Orders / Direct Debits: Both facilities are available.
 
 Borrowing
 Overdraft Facility: Yes
 Authorised Overdraft Arrangement Fee: Nil
 Authorised Usage Fee: Nil
 Fee Free Overdraft Limit: 0
 Interest Free Overdraft Limit: 0
 Authorised Overdraft Interest (pm/EAR): 1.24% per month  / 15.9% EAR
 Unauthorised Overdraft Interest (pm/EAR): 2.13% per month  / 28.8% EAR
 Unauthorised Overdraft Fees: See "Other Information".
 Other Information: The authorised overdraft rate for customers funding their account with less than 1,000 per month is 1.50% p.m./19.5% EAR, the unauthorised overdraft rate is 2.20% p.m./29.8% EAR.

New customers who indicate that they are transferring their main current account to Bank of Scotland will not pay any charges (except charges for special services and cash machine charges) for the first 4 months after opening a Bank of Scotland High Interest Current Account.

Bank of Scotland will provide up to 5 free replacement cards per account within a 12 month period. Requests for a 6th replacement card or more over a 12 month period (commencing from the date the account is opened) will incur a charge of 5.00.

If the application of a paid or unpaid item causes a customer's balance to enter into an unarranged overdraft, then the unarranged overdraft fee will not apply.
Other Charges
Charge for exceeding an authorised overdraft at any time during any calendar month: 28.
Paid item charge: 35 for each transaction (maximum of 3 charges per day).
Unpaid cheques, standing orders and Direct Debits: 35 per item (maximum of 3 charges per day).
Stopped cheques (except for lost/stolen cheques): 7.50.
Extra statements: 5.00.
CHAPS payment: 25.
Banker's draft: 20.