B (bank)

Not to be confused with Bó (bank).

B was a banking brand in the United Kingdom which operated between 2016 and 2019 as a trading division of Clydesdale Bank plc.^[1] B focused on app-based banking and computer learning of personal finances to help customers manage their money.

B

Company type	Trading name
Industry	Banking, Financial services
Founded	3 May 2016
Defunct	4 December 2019
Headquarters	30 St Vincent Place, Glasgow, Scotland, G1 2HL, United Kingdom
Services	Retail banking SME banking
Parent	Clydesdale Bank plc
Website	youandb.co.uk

History

B offered an app-based current accounts that is paired with a savings account.^[2] B's bank cards use the Mastercard system for both debit and credit cards. ^[3] B also offered a credit card, with a selling point of consistently low interest rates and no foreign transaction fees.

In June 2019 CYBG plc, the parent company of Clydesdale Bank plc announced that the B brand was to be phased out and replaced by the Virgin Money brand in December 2019.^[4][5]

B closed applications for new current accounts on 4 December 2019 and existing B accounts were re-branded as Virgin Money the following day.^[6]

See also

• List of banks in the United Kingdom