Scottish Building Society savings
16 savings accounts.
Easy access2.25% AERInstant Access Saverfor £10,000
Fixed4.61% AERE-Savings Bond 253for £10,000
Cash ISA4.75% AER2 Year Fixed Rate E-ISA - Issue 116for £10,000
Easy access
- E-Saver Plus3.25%
16 savings accounts.
Opening an account is your decision. Fixed accounts usually can’t be withdrawn from until they end, or charge you if they can. Each account’s terms say which.
From Scottish Building Society’s page
If you make a 5th withdrawal in a 12 month period, your account will close and we will open you an Online Saver account (or an equivalent if that account is no longer available),and the relevant account terms and conditions and interest rates will apply.
You can only make deposits into your account by bank transfer from a nominated bank account in your name.
A maximum of £1,000 cash can be withdrawn from our Relationship Centres per day, and you need to keep the minimum balance of £100.
This is not an account for making day-to-day payments.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
If you make a 5th withdrawal in a 12 month period, your account will close and we will open you an Instant Access Saver (or an equivalent if that account is no longer available), and the relevant account terms and conditions and interest rates will apply.
A maximum of £1,000 cash can be withdrawn from our Relationship Centres per day, and you need to keep the minimum balance of £100.
You can make unlimited withdrawals in our Relationship Centres without notice, penalty or charges.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
Applicants must be resident in the UK.
The interest rate is variable and can change - if it increases, we'll update our website and, if the rate goes down, we'll write to you 14 days before it changes.
You'll get a passbook when you open the account and you can make deposits in our Relationship Centres (cash or cheque), by post (cheques only) or by bank transfer.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
Similarly, you can only make withdrawals from your account into the nominated bank account in your name.
You can only make deposits into your account by bank transfer from a nominated bank account in your name.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
Withdrawals can only be made via electronic transfer to a nominated UK bank account.
In order to be able to transfer money into the Client Account Online you must have set up individual nominated client accounts.
No fees or transaction charges
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
Deposits can only be made within 14 days of opening the account.
No withdrawals are permitted during the fixed rate period.
Early closure is not permitted either.
Interest is paid gross without tax deducted.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
Deposits can only be made within 14 days of opening the account.
No withdrawals are permitted during the fixed rate period.
Early closure is not permitted either.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
You can withdraw your funds before maturity of the ISA, however a penalty is applicable for early access which is equivalent to 180 days’ interest on the amount withdrawn.
Deposits can only be made within 14 days of opening the account.
You may only save into one ISA with us in a tax year provided you have not subscribed, and will not subscribe, to more than the overall ISA subscription limit total in the same tax year.
Your ISA account must be in your name only.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
You can withdraw your funds before maturity of the ISA, however a penalty is applicable for early access which is equivalent to 180 days’ interest on the amount withdrawn.
This will be deducted from the interest payable to your account and may mean that you get back less than you paid into the account if you make multiple withdrawals or close your account early.
Deposits can only be made within 14 days of opening the account.
The interest rate is fixed for the term of the account.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
This will be deducted from the interest payable to your account and may mean that you get back less than you paid into the account if you make multiple withdrawals or close your account early.
Deposits can only be made within 14 days of opening the account.
Your ISA account must be in your name only.
We’ll write to you 14 days before the end of your fixed term to provide you with your options at maturity.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
You can withdraw your funds before maturity of the ISA, however a penalty is applicable for early access which is equivalent to 90 days’ interest on the amount withdrawn.
Deposits can only be made within 14 days of opening the account.
The maximum deposit amount is £20,000 in the 2026/2027 tax year excluding any ISA transfers into the account from other providers.
We’ll write to you 14 days before the end of your fixed term to provide you with your options at maturity.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
This is not a flexible ISA meaning any amount withdrawn cannot be replaced
Any withdrawals will lose their tax - free status and if you want to move your ISA to another provider, you'll need to follow the ISA transfer process with the new provider
Alternatively, we may close it for you and move your savings to another suitable ISA product
Once you make your first withdrawal, you won't be able to make another withdrawal until your 12-month period resets.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
This is not a flexible ISA meaning any amount withdrawn cannot be replaced
Once you make your first withdrawal, you won't be able to make another withdrawal until your 12-month period resets.
Any withdrawals will lose their tax - free status and if you want to move your ISA to another provider, you'll need to follow the ISA transfer process with the new provider
Alternatively, we may close it for you and move your savings to another suitable ISA product
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
Interest is calculated daily from the day after you deposit your cash or cheque until the date you withdraw your funds.
Our Cash ISA isn't a flexible ISA, that means the maximum amount you can deposit in any one tax year is £20,000, regardless of any withdrawals you make in that tax year.
You can make deposits in our Relationship Centres (cash or cheque), by post (cheques only) or by bank transfer.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
Open with £100 and save up to £20,000 each tax year
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.
From Scottish Building Society’s page
No withdrawals can be made until the child's 18th birthday (except in the event of the child's death or terminal illness).
You must keep at least this amount in the account to keep it open.
A child can only hold one Junior Cash ISA at any one time.
The account matures at the end of the month in which the child's 18th birthday falls.
Scottish Building Society, principal place of business SBS House, 193 Dalry Road, Edinburgh, Midlothian, EH11 2EF, United Kingdom. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority for deposit-taking.
Opening an account is your decision.