B Current and B Instant Savings

B comes with a current account and savings account that work together with a super-smart app. So, when you're using your compatible mobile or tablet (or both), you can pay, spend and save wherever you are, whenever you like. You'll need both your smartphone and tablet to get your full list of features.

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
  • Remember, to get full use of all the amazing functions, you'll need your mobile and tablet.
  • 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!
  • Current Account Switch Guarantee

Online applicants must be 18 years or over and not require an overdraft.

Anyone 16 or over should call or visit a branch. Subject to status and eligibility.

No monthly account fee. Yes, really.

B is a liberating new way to manage your money. You'll get an app with tons of clever tools, competitive interest rates on your B Current and B Instant Savings accounts and you're very own dedicated B contact centre for those times you just need to speak to someone. Everything's been designed to help you take complete control of your money. And yes there really is no monthly account fee.

More on rates & charges
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The details of your current and savings accounts

B app

Interesting interest rates

With B Current, you get a rate of 0.5% AER* (0.5% gross per annum variable) paid monthly on your credit balances up to £2,000 until 30 November 2016. From 01 December 2016 the rate will be 0.25% AER (0.25% gross p.a. variable).

For B Current credit interest is worked out daily on the cleared credit balance and credited to accounts on the last working day of each month.

And make the most of your money with a rate of 1% AER* (1% gross per annum variable) on all your balances with your B Instant Savings account until 30 November 2016 (from 01 December 2016 0.75% AER and gross p.a. variable).

For B Instant Savings credit interest is worked out daily on the cleared credit balance and applied in arrears on the last working day of each calendar quarter.

This offer may be withdrawn at any time.

The lowdown on rates

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.

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

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.

B app
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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

See how B Current compares

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

Compare accounts
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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 Current Account Switch Guarantee

Ready to get your hands on B?

*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.