| Competition: | Scottish Division One |
| Season: | 1968–69 |
| Winners: | Celtic |
| Relegated: | Falkirk Arbroath |
| Prevseason: | 1967–68 |
| Nextseason: | 1969–70 |
The 1968–69 Scottish Division One was won by Celtic by five points over nearest rival Rangers. Falkirk and Arbroath finished 17th and 18th respectively and were relegated to the 1969-70 Second Division.