Intelligent Finance Credit Rating
Intelligent Finance is not a bank in its own right: it is a trading name of Bank of Scotland plc (FCA firm reference 169628), part of Lloyds Banking Group. Credit rating agencies rate the licence holder, not the brand, so Intelligent Finance has no rating of its own. Bank of Scotland plc currently holds a blended long-term credit rating of AA-, which is investment grade; that is the rating shown on this page. Intelligent Finance (IF) was a division of Bank of Scotland plc. Its remaining accounts were rebranded to Bank of Scotland on 15–16 November 2025, so former IF savings are Bank of Scotland deposits and share the Halifax and Bank of Scotland limit. A credit rating is an opinion on an institution's ability to meet its obligations, not a guarantee, and it is separate from deposit protection.
Bank of Scotland plc
FCA: 169628
24 October 2026
1695
Bank of Scotland credit ratings by agency
| Agency | Long-term rating | Outlook | Last confirmed |
|---|---|---|---|
| Fitch Ratings | AA | — | 10 Jul 2026 |
| Moody's | A1 | — | 10 Jul 2026 |
| S&P Global Ratings | A+ | — | 19 Jul 2026 |
Rating History Chart
Rating History
| Date | Rating | Agencies |
|---|---|---|
10 Jul 2026 |
S&P, Moody's, Fitch | |
27 Jan 2026 |
S&P |
Service record: complaints, incidents and customer survey
Complaints: in the FCA's 2026 H1 file (January 2026 to June 2026), Bank of Scotland received 78,145 banking and credit-card complaints, 2.31 per 1,000 accounts. The bank upheld 65% of those it closed and closed 56% within three days. The previous period was 1.91 per 1,000, so complaints rose. Compare all banks.
Market signals, ownership and group accounts
Short positions: no disclosed net short position in the listed group's shares on the FCA's list (checked 24 October 2026).
Only positions of 0.5% or more per holder are disclosed, so this is a floor. Above 2% to 3% is unusual for a UK bank; it is a view on the listed group's shares, not on deposit safety, which the FSCS covers regardless.| Fiscal year | Profit before tax | Net income | Total assets | Equity | Dividends paid |
|---|---|---|---|---|---|
| Dec 2025 | £6.7bn | £4.7bn | £944.1bn | £47.9bn | £2.0bn |
| Dec 2024 | £6.0bn | £4.4bn | £906.7bn | £45.9bn | £1.8bn |
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Frequently asked questions about Intelligent Finance
Is Intelligent Finance safe?
Intelligent Finance operates under Bank of Scotland plc's banking licence, and Bank of Scotland plc holds a blended long-term credit rating of AA-, which is investment grade. A rating is an independent opinion on the institution's ability to meet its obligations; it is not a guarantee and can change. Separately, eligible deposits with UK-authorised banks and building societies are protected by the FSCS up to £120,000 per person per banking licence. This page is information about published credit ratings, not financial advice.
What is Intelligent Finance's credit rating?
Intelligent Finance has no rating of its own. Its licence holder, Bank of Scotland plc, has a blended long-term credit rating of AA- from S&P, Moody's, Fitch; the per-agency figures are shown above.
Which bank is Intelligent Finance part of?
Intelligent Finance is a trading name of Bank of Scotland plc, FCA firm reference 169628, part of Lloyds Banking Group. Intelligent Finance (IF) was a division of Bank of Scotland plc. Its remaining accounts were rebranded to Bank of Scotland on 15–16 November 2025, so former IF savings are Bank of Scotland deposits and share the Halifax and Bank of Scotland limit.
Does Intelligent Finance share an FSCS limit with Halifax or Bank of Scotland?
Yes. Intelligent Finance and Halifax and Bank of Scotland all sit under Bank of Scotland plc's licence, so money held across them counts towards one £120,000 limit per person, not one limit each.
Does Intelligent Finance share a licence with Lloyds Bank?
No. Lloyds Bank is separately licensed even though it is in the same group, so deposits there have their own £120,000 limit, separate from Intelligent Finance's.