Clydesdale Bank
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| Clydesdale Bank office |
Clydesdale Bank was one of the largest banks in Scotland, with more than 120 retail branches and 40 business & private banking centres and a strong presence in the south of England. The bank, now Clydesdale Bank Limited, is one of three Scottish commercial banks which have the right to issue their own banknotes. It provided a broad range of financial products and services to personal and business customers. It offered current and savings accounts, personal and business loans, car loans, credit cards, prepaid currency cards, fixed rate mortgages, offset mortgages, second home mortgages, investments, financial planning, online and mobile banking, treasury solutions, trade finance, acquisition finance, corporate and private asset finance, wealth referral advice service and more. It also offered insurance products including home insurance, higher value home insurance, car insurance, travel insurance and life and critical illness insurance. The company was established in 1838 and is headquartered in Glasgow, Scotland. In 1987, Clydesdale Bank became a member of National Australia Bank (NAB). In 2016, it was divested from NAB. Clydesdale was awarded as the "Best First Time Buyer Mortgage Provider" by Moneynet and "Best Card Provider" by Moneyfacts (2016). CYBG PLC (Clydesdale and Yorkshire Bank Group) was the parent company of Clydesdale and Yorkshire Banks, and Yorkshire Bank was a trading division of Clydesdale Bank. As of March 31, 2017, CYBG PLC had total assets of £40.3 billion, customer loans of £30.7 billion, customer deposits of £26.3 billion and over 7,600 employees.
CYBG PLC was renamed Virgin Money UK PLC on October 30, 2019, following its acquisition of Virgin Money, and Nationwide Building Society acquired the group on October 1, 2024. After court approval on February 23, 2026, the Virgin Money banking business transferred to Nationwide on April 2, 2026. On July 28, 2026, Virgin Money UK PLC was re-registered as Virgin Money UK Limited and Clydesdale Bank plc as Clydesdale Bank Limited, whose registered office is 177 Bothwell Street, Glasgow, G2 7ER. The Clydesdale Bank website has been switched off and customers are directed to Virgin Money, but Clydesdale Bank Limited remains one of the three authorised Scottish banknote issuers.
Gold Mastercard
| Annual Fee | Purchase rate (variable) | Representative APR (variable) | |
|---|---|---|---|
| Gold Mastercard credit card | £0 | 18.9% p.a. | 18.9% APR |
0% interest on purchases for 26 mos. from account opening
0% interest on balance transfers for 12 mos. from account opening
Credit Ratings (April 2017)
| Fitch Ratings | Standard&Poor's | Moody's | |
|---|---|---|---|
| Long Term | BBB+ | BBB+ | Baa2 |
| Short Term | F2 | A-2 | P-2 |
| Outlook | Stable | Negative | Stable |
Registered office address:
177 Bothwell Street
Glasgow, G2 7ER
United Kingdom
Phone number: +44 141 951 73 20
Former website: www.cbonline.co.uk (switched off; redirects to uk.virginmoney.com)
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