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ExpiredBank Switching

Bank of Scotland - £175 when you switch current account

Written by Charlie (Admin)Published 7 February 2024 · Updated 2 September 2026
This offer has ended — see live offers
Time needed
15 minutes
Deposit
£1,250

The Bank of Scotland is Scotland's oldest bank and a major commercial and retail banking institution, part of the Lloyds Banking Group. Right now, you can switch to Bank of Scotland and get a £175 bonus.

How to claim your £175

  1. 1

    Sign up here - apply online to switch a current account held elsewhere (make sure you go through the Current Account Switching Service).

  2. 2

    Switch to a new Classic, Silver or Platinum account, including those with Vantage.

  3. 3

    Transfer a minimum of 3 active direct debits from your old account.

  4. 4

    Meet all the conditions, and they will pay the £175 into your account within 14 working days of your switch starting.

  • You open a Student Current Account, Smart Start, Under 19’s or a Basic Account
  • You switch from a Halifax or Lloyds current account.
  • You change your existing account you hold with Bank of Scotland to a different Bank of Scotland current account.
  • You’ve received a switching offer since 01 January 2023 for switching to any Lloyds, Bank of Scotland or Halifax Bank account.
  • You are switching to a joint account and one of the parties to the joint account has already received a switching offer since 01 January 2023.

Discussion, alerts & T&Cs

  • Join the discussion for this offer here
  • Get notified about new offers here
  • Need to see the T&Cs for this offer? Click here
  • See our full guide on switching banks and setting up simple direct debits here

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Bank of Scotland logo

£175

15 minutes · £1,250 deposit

This offer has ended — see live offers