Clydesdale Bank

Clydesdale Bank

Clydesdale Bank is a Scottish commercial bank founded in Glasgow in 1838. Independent until 1920 when it was purchased by Midland Bank, it is the smallest of the three major Scottish banks (the others being Bank of Scotland and Royal Bank of Scotland).

Reviews Rating
20%
Review Score
This figure is an average of the reviews score, taken from customer reviews and the overall rating of the bank.
35%
BankRank® Score
This figure is the average of the bank’s total sentiment score and the review scores.
Matt Crabtree
Senior Editor
Matt Crabtree
Matt Crabtree is a senior editor at CompareBanks. He has over 10 years experience in writing about all aspects of finance and is passionate about helping consumers make informed decisions about their money.
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Overview

First Glance

Clydesdale Bank is a Scottish commercial bank founded in Glasgow in 1838. Independent until 1920 when it was purchased by Midland Bank, it is the smallest of the three major Scottish banks (the others being Bank of Scotland and Royal Bank of Scotland).

Features

Contact Info

Email
customer.assist@cybg.com
Address
40 St Vincent Pl, Glasgow G1 2EU, UK
Phone
0800 345 7365

About Clydesdale Bank

Clydesdale Bank is a Scottish commercial bank founded in Glasgow in 1838. Independent until 1920 when it was purchased by Midland Bank, it is the smallest of the three major Scottish banks (the others being Bank of Scotland and Royal Bank of Scotland).

Clydesdale Bank was intended to be a ‘local’ bank, but an Edinburgh branch was founded simultaneously and three more Glasgow branches, a Falkirk branch and a Campbelltown branch had opened within the first year.

Clydesdale Bank was bought by National Australia Bank in 1989 and remained part of NAB until 2014 when NAB ceased all UK operations. The bank was floated on the London Stock Exchange as CYBG Plc. CYBG acquired Virgin Money in June 2018; retail banking customers will be migrated over to the Virgin brand in the next few years.

Clydesdale Bank has the right to issue its own banknotes, as do the other two major Scottish banks. In 2015, Clydesdale became the first bank in Great Britain to issue polymer banknotes.

Clydesdale Bank Products and Services

High net worth individuals with individual earnings of over £75,000, or a joint income or assets of over £100,000, can take advantage of Clydesdale Bank’s private banking services. These are geared towards the more complex needs of high net worth people and include current accounts, mortgages, credit cards, asset finance and wealth referral advice. Private banking customers have access to a private finance manager.

Clydesdale also has a huge range of options available to business and corporate customers, with regional teams that work to understand and manage the needs of small and large businesses in their area. This strand of the business focuses on three core areas: private equity backed businesses, mid-market and larger SMEs and specialist sectors. Clydesdale uses the fact it is smaller than some other banks as an advantage, with all business customers able to access these specialised regional teams.

Clydesdale also offers highly specialised services to professional services companies such as architecture firms, lawyers and accountants. Clydesdale has bespoke business banking solutions that can meet these very specific goals.

Clydesdale Bank Security

Deposits of up to £85,000 made into a Clydesdale bank account are covered by the Financial Services Compensation Scheme (FSCS).

Clydesdale Bank Contact Details

40 St Vincent Pl, Glasgow, G1 2HL

Telephone: 0800 345 7365

Email: customer.assist@cybg.com

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Clydesdale Bank Reviews

Feeling Defrauded
March 26, 2024

“Don't put your money neither in Virgin Money nor in Clydesdale! No way to reach them, no way to get in touch, no control”

Don't put your money neither in Virgin Money nor in Clydesdale!
No way to reach them, no way to get in touch, no control.
Your choice, your fate. Good Luck!

One person found this helpful
UNHAPPY EX. CUSTOMER
August 25, 2021

“ATROCIOUS LEAVE WELL ALONE THEY ARE IN AN ALMIGHTY MESS AND WE THE INNOCENT CUSTOMER SUFFER THROUGH THEIR INCOMPETENT MISHANDLING AND UNCARING ATTITUDE”

ATROCIOUS LEAVE WELL ALONE THEY ARE IN AN ALMIGHTY MESS AND WE THE INNOCENT CUSTOMER SUFFER THROUGH THEIR INCOMPETENT MISHANDLING AND UNCARING ATTITUDE.

6 persons found this helpful

Clydesdale Bank Accounts

B Current Account
B Current Account
Current, Personal
Free
Monthly Fee
0.50%
Interest Rate
Yes
Overdraft
0.99% per mth/ 11.84% per annum/ 12.5% EAR
Overdraft Rate
Signature Current Account
Signature Current Account
Current, Personal
£13.50
Monthly Fee
Interest Rate
Yes
Overdraft
0.99% per mth/ 11.84% per annum/ 12.5% EAR
Overdraft Rate
Current Account Control
Current Account Control
Current, Personal
£7.50
Monthly Fee
0.20&
Interest Rate
Yes
Overdraft
Overdraft Rate
Readycash Account
Readycash Account
Current, Personal
Monthly Fee
Interest Rate
No
Overdraft
Overdraft Rate
Private Current Account
Private Current Account
Current, Personal
£25
Monthly Fee
0.20%
Interest Rate
Yes
Overdraft
0.90% per month, 10.75% per annum, 11.30% EAR
Overdraft Rate
40-Day Notice Account
40-Day Notice Account
Savings
Monthly Fee
1.05%
Interest Rate
Overdraft
Overdraft Rate
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