B Current and B Instant Savings
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.
More about your B accounts
- All your money in one place, so you can easily keep track of all your payments, spending and saving
- You get two working days each calendar month before a fee is charged, if you go overdrawn.
- 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
- The Current Account Switch Guarantee makes it easy to fully switch to B in just a few quick and simple steps - guaranteed!
B Current and B Instant Savings is available for anyone from the age of 16 (18+ online). If you would like an 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.
No monthly account fee. Yes, really.
The B app is a liberating way to manage your money. You'll get an app with tons of clever tools, interest rates on your B Current and B Instant Savings accounts and your very own dedicated B contact centre for those times you just need to speak to someone. Everything's been designed to help you take control completely of your money. And yes, there really is no monthly account fee.More on rates & charges
The details of your current and savings accounts
Getting at your savings
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.
It means you can still put money away for those dream buys, but be ready for an unexpected treat or bill. And if you want to replace it when you’re feeling better off, well, you can. And that’s just as easy.
You can also move your savings around in a branch, or using 24-hour 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.
In case you need a little extra
Applying for an overdraft is easy. Just get in touch by phone, or visit a Clydesdale Bank or Yorkshire Bank branch. The B overdraft has a rate of 12.5% EAR and is subject to status. It’s normally cheaper to arrange your overdraft in advance.
With your B overdraft, you’ll have a grace period of two working days every calendar month you’re overdrawn to reduce your borrowing to below the buffer amount – before being charged the monthly planned usage fee. Applicants for overdraft must be 18 or over. Subject to status.All the overdraft facts
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.
Your B debit card
Your B debit card lets you do all the things you’d expect from a debit card like buy stuff and take out your money whether you’re at home or abroad.
Just remember, you’ll always need to have enough money in your account. There might also be extra fees and charges when you use your card abroad.More on plastic
Feel like switching to B
It couldn't be any easier to switch to the B Current account. Switching is covered by the Current Account Switch Guarantee and it'll all be done quickly and easily.More on switching
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.