Bank of Scotland Private Banking Premier Current Account

The Private Banking Premier Current Account is exclusively available to Bank of Scotland Private Banking clients who have at least £250,000 in savings and investments or a yearly, sole income of at least £100,000.

What makes the Private Banking Service so special is the relationship you can look forward to. You have a dedicated Relationship Manager who is your priority point of contact. This personal attention and reassuring approach is where our clients really notice the difference.

Overview

The Private Banking Premier Current Account comes with a comprehensive range of added value benefits from leading industry providers, designed to try and save clients money, time and the hassle of shopping around.

A dedicated Relationship Manager who is your priority contact face-to-face or over the phone, plus a dedicated Telephone Service open 24/7.
Worldwide Travel Insurance, AA Breakdown Cover, Mobile Phone Insurance, Payment Card Protection and ID Aware.
£500 interest and fee free Planned Overdraft with the option of a higher limit if you need it, subject to application and approval.
As you would expect for a service of this kind, there is a premium of £25 per month. But this fee is waived if you invest £250,000 in an Investment Portfolio Service with us.

We use a range of third party insurance providers for some of the benefits on this account. All benefits are subject to terms and conditions and some exclusions. See terms and conditions for full details (opens as a PDF).

Benefits in more detail

We offer an extensive range of inclusive benefits and features. Here is a brief summary:

Insurance Benefits^†
Worldwide and UK Travel Insurance Worth £365*	Worldwide Travel Insurance (62 days per trip), including winter sports cover (17 days in any 12 month period) for you, if you are under 80 years of age, including family cover. World Wide Travel insurance is only available to you if you have lived permanently in the United Kingdom for at least 6 months during the 12 month period prior to a trip and are registered with a medical practitioner in the United Kingdom.
AA Breakdown Cover Worth £212*	Roadside Assistance, Home Start, Relay and Stay Mobile. You are covered not the car.
Mobile Phone Insurance Worth £166*	International cover for loss, theft, accidental damage, breakdown and unauthorised calls. Covers up to three phones on a joint account.
Sentinel® Card Protection Worth £20*	Convenient cover for your credit, debit and store cards. One policy covers everyone in your household.

Other Benefits
ID Aware Worth £83*	Helps you manage and monitor your credit profile and spot the early warning signs of identity theft.
Save My Numbers Worth £20*	Store all your important phone numbers and contact details securely.

Features
£500 interest and fee-free planned overdraft Worth £130*	Subject to application and approval. How much we lend is subject to our assessment of your circumstances. No overdraft fees or interest to pay if you go over your Planned Overdraft limit by £25 or less. You must be 18 or over. Overdrafts are repayable in full on demand.
A Private Banking Visa debit card	Use in over 500,000 places in the UK and 27 million outlets worldwide. When using your Bank of Scotland Private Banking Visa debit card abroad please note that fees and charges will apply.
Overdraft buffer	£25 overdraft buffer. No overdraft fees or interest to pay if you go over your Planned Overdraft limit by £25 or less.
Grace period if you go over your credit limit	If you go into overdraft in the course of a day, ensure that the overdrawn amount is repaid by 3:30pm (UK time) to avoid paying interest/fees on the overdrawn amount for that day. The amount you pay in 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. You have to register for Internet Banking and Telephone Banking. Terms and conditions apply.

* Estimated value is based on what it may cost to purchase the equivalent standalone.

For more information on all of the benefits, access the Our Private Banking Premier Accounts guide (opens as a PDF).

Account opening is subject to our assessment of your circumstances and to you meeting all eligibility conditions. Overdrafts are repayable in full on demand.

We may monitor and record calls.

† ID Aware, 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.

Terms and conditions (opens as a PDF)
Worldwide Travel Insurance terms and conditions (opens as a PDF)
AA Breakdown Cover terms and conditions (opens as a PDF)
Added Value Benefits terms and conditions (opens as a PDF)
Knowledge Guide (opens as a PDF)
Private Banking Premier Current Account rates of interest (opens as a PDF)
Information about charges (opens as a PDF)

Contact us

To find out more about Private Banking, call us:
0870 129 9797
Lines open 9am - 5pm Mon - Fri.

Or use the online contact form to email us.