Need help? For AI financial guidance, click here to Ask Marvin

Bank of Scotland Savings Review

This article was last updated:

Everything you need to know before you open a savings account with Bank of Scotland!

The experts say:

💬

Bank of Scotland savings accounts have received a respectable customer score of 67%, and an impressive product score of 70%. Unfortunately, they have not been chosen as one of Which?'s Recommended Providers, and rank 14th out of 30 when it comes to savings account providers. However, Fairer Finance has given them a Customer Experience Rating of 67%, and they come in at 18th on its list of 50 savings account providers. All in all, Bank of Scotland's savings accounts offer decent value for money - though you may want to explore your other options first.

What Bank of Scotland customers are saying right now:

The Good

  • 👍 Bank of Scotland is an old and reputable bank.
  • 🤝 Customers have had positive experiences with customer service.
  • 💰 The bank offers good interest rates on savings accounts.
  • 📱 The bank has an app for convenient banking.
  • 📞 Customer service is available via phone for inquiries.

The Bad

  • 😡 Terrible customer service, frequently cutting off lines and hanging up on customers.
  • 🤬 Unhelpful staff and unprofessional branches.
  • 😤 Outdated website design and poor app chat experience.
Read more customer reviews of Bank of Scotland

Bank of Scotland customer reviews summary

The Bank of Scotland has been around for centuries, but recent reviews suggest its customer service is far from something to be proud of. With long wait times, complicated website designs and unhelpful staff, customers are left feeling frustrated and confused. Unfortunately, the bank does little to help customers in need, leaving many with no choice but to take their business elsewhere. It's a shame that such an old and reputable institution could be reduced to this state. Overall, Bank of Scotland savings accounts receive a score of 3 out of 10.

Is Bank of Scotland one of this year's Top 10 savings account providers?