Bank of Scotland: Under 19s Account

Provider:
Bank of Scotland
Account:Under 19s Account
Account ratings
Account ratings
Online service - 4.25
Call centre service - 4.0099999999999998
Branch service - 4.29
Trustworthiness - 4.21
Opening the account
Minimum Income £0
Minimum Age 11 years
Maximum Age 18 years
Existing customers only -
Area restrictions No area restrictions applied.
Overdrafts and charges
Monthly Charge -
Overdraft facilities
Automatic overdraft facility £0
Interest Free Overdraft Limit £0
Authorised overdraft rate 0% APR/EAR
Authorised overdraft charge Not applicable.
Unauthorised overdraft rate 0% APR/EAR
Unauthorised overdraft charge Not applicable.
Overdraft related charges Paid item max fee - £0
Paid item max no - 0
Unpaid item max fee - £0
-
Stepped cheque charge - £10
Overseas charges (Europe only) Forex fee - 2.99%
Charge for £100 ATM withdrawal - £2
Charge for £100 debit card transaction - £1
Account charges ATM withdrawal - £0
Transactions - £0
Bankers draft - £20
Special clearance - £10
CHAPS - £25
Duplicate statement - £5
Interest rates and other incentives
Headline interest rate 1.5% AER
Rate tiers
Gross Rate Excluding BonusGross Rate Including BonusAER
£11.49%1.49%1.50%
£2,5000.00%0.00%0.00%
Maximum balance for interest £2,499
Minimum initial deposit £0
Minimum Monthly Credit £0
Interest paid Quarterly
Incentives Annual travel insurance -
Breakdown insurance -
Discount vouchers -
Savings sweep -
Other Insurance - no
Other incentive - Discounts off AA driving lessons (if 17 or over) and free "Pass Your Test" CD ROM. After passing the driving test, discounts off Pass Plus are also available.
Service information
Free banking
Account access Telephone
Branch
Internet
Post office
Services available Standing order
Direct debit
Bill payment
Round-up savings
Text alerts
Text mini statements
ATM mini statements
Cards / cheques provided Debit card
ATM card
Cheque book
Passbook
Maximum ATM withdrawal £500
Time for cheque to clear 4 days
Statement frequency monthly