B Current and Instant Savings Account

The B Current and B Instant Savings account work together within one super-smart app. So, when you're using your compatible mobile or tablet, you can pay, spend and save wherever you are, whenever you like.

B Current

With B Current, you get a rate of 0.50% AER (0.50% gross per annum variable) paid monthly on your credit balances up to £2,000Go to footnote [1].

Interest is calculated on cleared balance daily and applied on the last working day of each month.

B Instant Savings

B Instant Savings helps you save money. Plus you'll get 1.00% AER (1.00% gross per annum variable) paid quarterly on all credit balancesGo to footnote [1].

Interest is calculated on cleared balance daily and applied in arrears on the last working day of each quarter.

The benefits of a B Current & B Instant Savings account

  • All your money in one place, so you can easily keep track of all your payments, spending and saving
  • Transfer money between your accounts in just a few simple taps
  • Savings pots can help you reach your goals more easily – start saving with just £1
  • Access your savings any time you like

B Current and B Instant Savings is available for anyone from the age of 16 (18+ online). If you would like an Arranged Overdraft and you're 18 or older, you can apply online at account opening (sole applicants only), by phone or in branch. Subject to status and eligibility.

Information about B current account services

Bright banking

From everyday things like making payments and transferring money between your accounts, to super-smart features like automatic tagging, in-app budgets and savings pots – the B app is designed to make managing your money easier than ever.

And, you can do all those things safe in the knowledge that with advanced online security, using the app is as safe and secure as possible. Remember to always keep your security settings up to date.

Everyday banking
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What you can expect from your accounts

Getting at your savings

Your B savings account is instant access which means you can top it up as often as you like. If you need to get your hands on your nest egg, you can just move what you need from your B Instant Savings account into your B Current account instantly - all from within the app. A few taps and it’s done.

You can also move your savings around in a branch, or using 24-hourGo to footnote * internet, telephone or mobile banking.

* 24-hour telephone banking and internet banking may not be available when routine maintenance is happening. For your security, calls may be monitored or recorded.

B app

Representative example


Rate of interest – 11.84% p.a (variable)

Total amount of credit – £1200

EAR – 12.5% variable


The amount of credit you can get is subject to status. The rate shown is an Effective Annual Rate (EAR) which takes account of the rate of interest charged, the frequency it’s levied to the account and the compounding interest.

In case you need a little extra

However closely you watch your spending, there may still be times when there’s more month than money. As long as you’re over 18, you can set up Arranged Overdraft over the phone, in a Yorkshire Bank or Clydesdale Bank branch, or in one of our network of B stores, subject to status and T&Cs (PDF, 172 KB, opens in a new window) . It's normally cheaper to arrange your overdraft in advance.

If you go into an Arranged Overdraft or Unarranged Overdraft, you'll get 2 working days grace period per calendar month before being charged any fees. Interest on your Arranged Overdraft is at a rate of 12.5% EARGo to footnote [2].

Overdraft details

Offsetting with B

If you have a Clydesdale Bank or Yorkshire Bank Offset Mortgage, you can use your B Current and B Instant Savings account to offset against your mortgage.

This means you can use the money in your current and savings account to reduce the amount of interest you pay on your mortgage. Remember, no credit interest will be paid on B account credit balances that are used for offsetting.

Find out more about offsetting. Or just get in touch with the team at B on 0800 678 3654.

Please be aware that your home may be repossessed if you don’t keep up repayments on your mortgage.

B app
B sample card

Play your cards right

Your B contactless debit card can be used to pay for things at over 32 million places across the world - just look out for the Mastercard® logo. You can also take out up to £500 cash a day, as long as you have enough available in your account.

You can use your card at home and and outside the UK – just remember that there may be extra fees and charges when using your card and outside the UK.

More card info

Compare our current accounts

Check out the other options available from Clydesdale Bank and Yorkshire Bank.

Compare accounts
Ice cream

Feel like switching to B

It couldn’t be any easier to switch to the B Current account. You’ll be fully guaranteed to have it all done quickly and easily.

Ready to get your hands on B?

Help! Got a question?

If you need a helping hand, the dedicated team at B is ready and waiting.

Call the team at B 24 hours a day, 7 days a week*.

In the UK? Call us for free on: 0800 121 7365

Or if you’re abroad: +44 141 221 7300

*This service may be interrupted due to periods of routine maintenance. Calls may be monitored or recorded for your security.

Prefer to drop us a line on Facebook Messenger? No problem

The team at B can’t chat about any personal account stuff, so please don’t tell us your card details, account number, etc. If you need to talk about those type of things, give us a call on 0800 121 7365.

Chat on messenger (opens in a new window)

[1] AER (Annual Equivalent Rate) is the equivalent rate if the interest was paid and compounded once a year. Gross rate interest is the interest payable without taking account of any tax payable. Credit interest is calculated daily on the cleared credit balance in your account. From 6th April 2016 we no longer deduct tax from any interest earned, following the introduction of a Personal Savings Allowance. If you earn interest over your Personal Savings Allowance you will be required to pay any tax due directly to HM Revenue and Customs. Please visit www.gov.uk (opens in a window) for more information.

[2] The Effective Annual Rate is used to express the cost of borrowing on current accounts. The EAR takes account of the rate of interest charged, the frequency it is levied to accounts and compounding of interest. It does not include overdraft fees and is variable.