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Compare Bank Accounts

Compare Bank Accounts and Current Accounts from the leading high street banks side-by-side in our easy to use tables. Find the best bank account for you and apply online.

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Sponsored Product

Nationwide FlexPlus - £10 per month

3.00% AER on balances up to £2.5k. Worldwide Family Travel Insurance (Inc Winter Sports), UK & European Breakdown and Recovery Assistance, Commission Free Cash Withdrawals.

Current Accounts

Provider
Account
AER
Minimum Balance
Overdraft
Monthly Fee
Switch Guarantee
Apply
Pay £10 per month and get 3.00% AER on balances up to £2.5k. Plus - Worldwide Family Travel Insurance (Inc Winter Sports), UK & European Breakdown and Recovery Assistance, Commission Free Cash Withdrawals Abroad and other benefits!! Best packaged current account as awarded by Moneynet 2014. Age 18+
3.00%
£1
£100
£10
Switch Guarantee
Get 5.00% AER (4.89% gross p.a.) for in-credit balances up to £2,500 (fixed for the first 12 months). You must pay in at least £1,000 per month. This could be worth up to £125 over a year if your balance is £2,500 in credit!
5.00%
£0
No Offer
Free
Switch Guarantee
Representative Example: If you use an arranged overdraft of £1,200 the amount Nationwide will charge you is 50p per day (variable).
You must be age 18+. Also 0% £100 Overdraft, any other borrowing @ 19.24% (subject to eligibility)
0%
£1
£100
Free
Switch Guarantee
Representative Example: If you use an overdraft limit of £100 a 19.89% EAR (variable) charge will apply
Earn in-credit interest of 5% AER for balances upto £2,000 when you credit your account with a minimum of £500 each month, register for internet banking, paperless statements and paperless correspondence. With 5% Cashback on your first £100 Contactless payments every month (T&Cs apply. Subject to eligibility. End Dec 2016). Access to a 5%AER (fixed) Monthly Saver Account for 12 months. (£25 min and £250 max monthly deposits. T&Cs apply). Classic Plus has been awarded 5 stars by Defaqto.
5.00%
£1
£25
Free
Switch Guarantee
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.94% EAR (Variable)
Earn in-credit interest of 5% AER for balances up to £2,000 when you credit your account with a minimum of £500 each month, register for internet banking, paperless statements and paperless correspondence.
5.00%
£1
£25
Free
Switch Guarantee
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.94% EAR (Variable)
Get FREE European Travel Insurance and NO monthly fee. You need to be 18+, No Fees or Minimum monthly deposits.
0%
£1
No Offer
Free
Switch Guarantee
Representative Example: If you use an overdraft limit of £1,200 a 18.9% EAR (variable) charge will apply
Earn 1% Cash Back at participating retailers. You must be age 18+. Also 0% £100 Overdraft, or up to £15,000 @ 19.24% (subject to eligibility)
0%
£1
£100
Free
Switch Guarantee
Representative Example: If you use an overdraft limit of £100 a 19.89% EAR (variable) charge will apply
A straightforward Current Account from Barclays with no monthly fee. Contactless Debit Card, Mobile Banking, Text Alerts and Personalise your debit card with an image of your choice.
0%
£1
Upto £5000
Free
Switch Guarantee
Representative Example: Up to £5,000 - 19.3% interest p.a. (variable). Subject to status and application.
Get up to 3% AER on balances £3k - £20k & Get Cash Back on your Bills - 1% cashback on water and council tax, 2% cashback on electricity and gas, 3% cashback on mobile, home phone, broadband and paid for TV packages.
3%
£500
No Offer
£5
Switch Guarantee
Representative Example: 0% EAR (variable) Arranged Overdraft. A Daily Arranged Overdraft Fee of £1 per day capped at 20 days each monthly statement period applies. Assumed Arranged Overdraft credit limit: £1,200. Actual amount may differ.
Get up to 3% AER on balances £3k - £20k & Get Cash Back on your Bills - 1% cashback on water and council tax, 2% cashback on electricity and gas, 3% cashback on mobile, home phone, broadband and paid for TV packages.
3%
£500
No Offer
£5
Switch Guarantee
Representative Example: 0% EAR (variable) Arranged Overdraft. A Daily Arranged Overdraft Fee of £1 per day capped at 20 days each monthly statement period applies. Assumed Arranged Overdraft credit limit: £1,200. Actual amount may differ.
No minimum monthly deposit requirement. Plus 0% overdraft facility for 4 months if you switch your banking
0%
£1
£1,200
Free
Switch Guarantee
Representative Example: No Daily Arranged Overdraft Usage Fee for the first four months. Then £1 each day capped at 20 days in each monthly statement period.
For ages 11 - 18. Get up to 3% AER on balances up to £2k. No Overdraft and a choice of a cash card or a Visa debit card.
3%
£1
No Offer
£2
Switch Guarantee
For ages 11 - 18. Get up to 3% AER on balances up to £2k. No Overdraft and a choice of a cash card or a Visa debit card.
3%
£1
No Offer
£2
Switch Guarantee
A straightforward current account created to make everyday banking easier. Manage your money 24 hours a day through Internet Banking, Telephone Banking and Mobile Banking
N/A
£1
£10
Free
Switch Guarantee
Representative Example: If you use an overdraft limit £1,200 the interest rate charged will be 19.94% EAR (variable).

Nationwide FlexPlus Account

Nationwide
  • £10 per month gets you the following benefits:
  • Get 3.00% variable on balances up to £2,500 (no interest for balances £2.5k+)
  • 3 month Fee Free overdraft
  • Commission Free Cash Withdrawals Abroad
  • VISA debit card with every account
  • Travel Insurance - Worldwide travel insurance, including winter sports, golf, business and wedding cover for you and your family.
  • Mobile Phone Insurance - Worldwide cover if your phone's lost, stolen, or damaged.
  • Breakdown Cover - UK & European breakdown cover for you in any private car and also anyone driving your car with your permission.
  • Extended Warranty - Get an extra 12 months warranty for eligible household electrical goods.
  • Identity Theft - Get help and support if your personal data's compromised or your cards are lost or stolen.

Nationwide FlexDirect Account

Nationwide
  • Get 5.00% AER (4.89% gross p.a.) for in-credit balances up to £2,500 (fixed for the first 12 months, 1% afterwards).
  • You need to pay in at least £1,000 per month.
  • Fee-free overdraft for 12 months (subject to approval).
  • Access to special rates and exclusive products.
  • Online and mobile banking.
  • Telephone banking and free text alerts.
  • Contactless upto £30
  • No monthly fee.
  • UK call centres.

Natwest Select

NatWest
  • ** Voted the best card benefits programme of the year at the Card and Payment Awards. **
  • Free day-to-day banking without subscription charges
  • Overdraft available subject to eligibility, giving your finances some breathing space
  • Chequebook available subject to eligibility; handy when cash or cards aren't convenient
  • Monthly statements with all your transactions and your balance - by post or online. Or pick up a mini-statement from our cash machines
  • Contactless Debit Card

TSB Classic Plus Account

TSB
  • Classic Plus –
  • 5% AER on balances from £0 - £2,000
  • Pay in min £500/month, register for Internet Banking, Paperless Statements and Paperless Correspondence
  • £25 interest and fee free overdraft subject to application and approval
  • Must be over 18 and a UK resident to apply
  • Contactless Purchases upto £30 for each transaction-
  • 5% Contactless Cashback –
  • With 5% Cashback on your first £100 Contactless payments every month (T&Cs apply. Subject to eligibility. End Dec 2016)
  • Register for Internet Banking. 18+, UK resident and Classic Plus account holder to qualify
  • Cashback will be paid on qualifying purchases until 31 December 2016
  • 5% Monthly Saver –
  • Access to a 5%AER (fixed) Monthly Saver Account for 12 months. (£25 min and £250 max monthly deposits. T&Cs apply)
  • Must hold a classic plus account with TSB to qualify
  • · No introductory offer period or monthly fee
  • · Classic Plus account available to existing and new customers
  • · Access to all the features of the standard Classic account such as Money Planner, Control, SMS alerts and internet banking
  • · Transact in branch, online or over the telephone
  • · No hidden clauses – only need to meet CTO, register for internet banking, paperless statements and paperless correspondence to get the 5% interest rate

TSB Classic Plus Account

TSB
  • Classic Plus –
  • 5% AER on balances from £0 - £2,000
  • Pay in min £500/month, register for Internet Banking, Paperless Statements and Paperless Correspondence
  • £25 interest and fee free overdraft subject to application and approval
  • Must be over 18 and a UK resident to apply
  • Contactless Purchases upto £30 for each transaction-
  • 5% Contactless Cashback –
  • With 5% Cashback on your first £100 Contactless payments every month (T&Cs apply. Subject to eligibility. End Dec 2016)
  • Register for Internet Banking. 18+, UK resident and Classic Plus account holder to qualify
  • Cashback will be paid on qualifying purchases until 31 December 2016
  • 5% Monthly Saver –
  • Access to a 5%AER (fixed) Monthly Saver Account for 12 months. (£25 min and £250 max monthly deposits. T&Cs apply)
  • Must hold a classic plus account with TSB to qualify
  • · No introductory offer period or monthly fee
  • · Classic Plus account available to existing and new customers
  • · Access to all the features of the standard Classic account such as Money Planner, Control, SMS alerts and internet banking
  • · Transact in branch, online or over the telephone
  • · No hidden clauses – only need to meet CTO, register for internet banking, paperless statements and paperless correspondence to get the 5% interest rate

Nationwide FlexAccount

Nationwide
  • VISA debit card with every account
  • The age restriction to open the account is 18
  • Free travel insurance: multi-trip European cover worth up to £70* (conditions apply)
  • Manage your account online with an excellent internet banking service.
  • Three-month interest-free overdraft when you switch to FlexAccount
  • Free day to day banking
  • Voted Best Overall Online Provider 2009 by Your Money

RBS Select

RBS
  • Free everyday banking - no monthly subscription charges.
  • No arrangement or renewal fees - on overdrafts up to £15,000. And pay no interest on agreed overdrafts of up to £100.
  • Save on your mortgage - use your Interest Paying Current Account balance to save money with our Offset Service.
  • Easy access to your money - your debit card gives you access to almost every cash machine in the UK. You can also pay for goods and services wherever you see the logo shown on your card.
  • Online banking - manage your money 24 hours a day, 365 days a year with our telephone and internet banking services. (Except for short periods of essential maintenance.)
  • Overseas money - get money in local currency at cash machines and buy goods wherever you see the logo shown on your card.
  • Statements - monthly statements list all transactions and your current balance. You can also get mini-statements from any cash machine.

Barclays Bank Account

Barclays
  • Create your own personalised Current Account with the new Barclays Features Store - Customise your account with a range of Packs that cover gadgets, home appliances, travel and more. Simply add the Features that you want and leave out the ones that you don't. Terms, conditions and exclusions apply - read the policy documents so you know whats covered and whats not.
  • Free Text Alerts to help manage your money
  • Personalise your debit card for free with your favourite photo (image guidelines apply)
  • Contactless debit card (subject to status) allows you to make fast and secure payments for items that are priced £20 or less.
  • Online, Telephone, Mobile and Branch
  • No minimum funding required
  • Barclays Pingit - the quick and easy way to send or receive money with just your mobile
  • Free switching service available

Santander 123 Current Account

  • The New 123 Current Account pays cashback on household direct debits
  • 1% Cashback on water and council tax
  • 2% Cashback on electricity and gas
  • 3% Cashback on mobile, home phone, broadband and paid for TV packages
  • New 123 Current Account pays also pays in-credit interest
  • 1% AER on the entire balance, once the customer’s balance is £1,000 or over
  • 2% AER on the entire balance, once the customer’s balance is £2,000 or over
  • 3% AER on the entire balance, once the customer’s balance is £3,000 or over (up to £20,000)
  • £5 per month.
  • Your overdraft fee will be 19.9% EAR plus an unauthorised fee of £1 per day.
  • Get a cheque book and a Visa Debit card. You can use your Visa Debit card in shops wherever you see the Visa symbol and at virtually every cash machine in the UK and many worldwide. It also acts as a £100 cheque guarantee card
  • Get 4 Months Fee-Free Arranged Overdraft when you use the Current Account Switch Service to move your current account to us and receive a Defaqto 5 star rated service.
  • Access to your money 24 hours a day 7 days a week through our e-banking service, 750+ branches, 24-hour telephone banking service, LINK cash machine network or even by post
  • You must setup a minimum of 2 active direct debits
  • You must deposit at least £500 per month
  • You are able to Withdraw upto £300 a day
  • This account is open to NEW and EXISTING Santander customers aged 18 and above (must be UK resident)

Santander 123 Current Account

  • The New 123 Current Account pays cashback on household direct debits
  • 1% Cashback on water and council tax
  • 2% Cashback on electricity and gas
  • 3% Cashback on mobile, home phone, broadband and paid for TV packages
  • New 123 Current Account pays also pays in-credit interest
  • 1% AER on the entire balance, once the customer’s balance is £1,000 or over
  • 2% AER on the entire balance, once the customer’s balance is £2,000 or over
  • 3% AER on the entire balance, once the customer’s balance is £3,000 or over (up to £20,000)
  • £5 per month.
  • Your overdraft fee will be 19.9% EAR plus an unauthorised fee of £1 per day.
  • Get a cheque book and a Visa Debit card. You can use your Visa Debit card in shops wherever you see the Visa symbol and at virtually every cash machine in the UK and many worldwide. It also acts as a £100 cheque guarantee card
  • Get 4 Months Fee-Free Arranged Overdraft when you use the Current Account Switch Service to move your current account to us and receive a Defaqto 5 star rated service.
  • Access to your money 24 hours a day 7 days a week through our e-banking service, 750+ branches, 24-hour telephone banking service, LINK cash machine network or even by post
  • You must setup a minimum of 2 active direct debits
  • You must deposit at least £500 per month
  • You are able to Withdraw upto £300 a day
  • This account is open to NEW and EXISTING Santander customers aged 18 and above (must be UK resident)

Santander Everyday Current Account

  • A simple and straightforward current account that helps make managing your money easy and convenient.
  • 0% EAR (variable) overdraft rate.
  • No Daily Arranged Overdraft Fees for the first 4 months when you switch to us (depending on circumstances. See representative example).
  • After 4 months the Daily Arranged Overdraft Fee will be 50p per day capped at 20 days each monthly statement period (if you don't switch these Daily Arranged Overdraft Fees will start from when your account is opened.)
  • Access to our dedicated Switcher Service - It is important that you feel confident about switching to us and what is involved. Click here for full details of our simple three-step process.
  • Easy access to your account 24 hours a day with our internet and phone banking service. Plus you have access to over 1,300 Santander branches.
  • Get 4 Months Fee-Free Arranged Overdraft when you use the Current Account Switch Service to move your current account to us and receive a Defaqto 5 star rated service.
  • Withdraw upto £300 a day.
  • No interest is paid on your balance.
  • You must be aged over 18 and live permanently in the UK.

Santander 123 Mini Current Account

  • The 1|2|3 Mini Current Account is designed to provide a safe environment to learn money management and take the first steps towards financial responsibility for those aged between 11 and 18.
  • With the 1|2|3 Mini Current Account you'll get:
  • Rewarding interest rates paying 3% AER/2.96% gross (variable) on balances from £300 up to a maximum of £2,000.
  • £100+ = 1% AER
  • £200+ = 2% AER
  • £300 - £2000 = 3% AER
  • 24/7 access to your account via Online, Mobile and Telephone Banking.
  • Access nationwide via our branch network.
  • Free text and email alerts about your account.
  • The choice of a cash card or a Visa debit card.

Santander 123 Mini Current Account

  • The 1|2|3 Mini Current Account is designed to provide a safe environment to learn money management and take the first steps towards financial responsibility for those aged between 11 and 18.
  • With the 1|2|3 Mini Current Account you'll get:
  • Rewarding interest rates paying 3% AER/2.96% gross (variable) on balances from £300 up to a maximum of £2,000.
  • £100+ = 1% AER
  • £200+ = 2% AER
  • £300 - £2000 = 3% AER
  • 24/7 access to your account via Online, Mobile and Telephone Banking.
  • Access nationwide via our branch network.
  • Free text and email alerts about your account.
  • The choice of a cash card or a Visa debit card.

TSB Classic Account

TSB
  • Free banking - no charge for everyday transactions when you’re in credit.
  • You will receive a debit card with your account
  • Manage your money 24 hours a day through Internet Banking, Telephone Banking and Mobile Banking.
  • Money Planner is a free, easy-to-use Internet Banking service that introduces a new way of keeping track of your money across your TSB personal current and credit card accounts.
  • £25 interest-free planned overdraft. (Subject to application and approval).
  • £10 overdraft buffer. No overdraft fees or interest to pay if you go overdrawn (either Planned or Unplanned) by £10 or less.
  • Grace period if you go over your limit. You have until 3.30pm (UK Time) to pay in enough money to avoid any overdraft fees you may incur that day.
  • Switching to us in just 7 working days – We can help to move Direct Debits and standing orders from any existing accounts to your TSB current account.
  • Access to over 600 branches and a network of ATM's worldwide

Hasssle-free current account switching has finally arrived

  • Switch your account in just 7 working days
  • Your new bank arranges everything, including Direct Debits and Standing Orders.
  • Any payments in or out of your old account will be automatically redirected to the new one.
  • Switch Guarantee: if anything goes wrong, you will be refunded for any charges.

Guaranteed Acceptance Bank Accounts

Provider
Account
AER
Minimum Balance
Overdraft
Monthly Fee
Switch Guarantee
Apply
No Credit Check basic bank account – Open to everyone 18+ & UK resident. NO Opening Fee - £12.50 per month. Create Standing Orders but No Direct Debits
0%
£0
No Offer
£12.50
No
No Credit Check basic bank account – Open to everyone 18+ & UK resident. £12.50 Opening Fee - £12.50 per month. Create Standing Orders but No Direct Debits
0%
£0
No Offer
£12.50
No
No Credit Check basic bank account – Open to everyone 18+ & UK resident. £5.95 Card issue fee - £9.95 per month. Create Standing Orders and Direct Debits
0%
£0
£250
£9.95
No
No Credit Check basic bank account – Open to everyone 18+ & UK resident. 0.5% AER on Balances. £12.50 Opening Fee - £12.50 per month. Create Standing Orders but No Direct Debits
0.50%
£0
No Offer
£12.50
No

Card One Banking Guaranteed Bank Account

  • CardOneBanking offers the following:
  • Guaranteed Acceptance
  • Sortcode & Account Number
  • Have your salary deposited into this account
  • Pay money in at any Post Office or high street branch
  • Prepaid MasterCard card
  • Create Standing Orders but you can not set up Direct Debits with this account.
  • 24 hour account management by Phone, Text and Online Banking
  • Card re-issue/replacement fee £3.95 per card
  • Dedicated Account Manager
  • NO OPENING FEE
  • NO OVERDRAFT FACILITY – No risk of going overdrawn
  • NO EXTRA CHARGES – No charges for bounced standing orders
  • NO CREDIT CHECKS! – Guaranteed to be accepted, regardless of your past credit
  • YOU must be 18+ and UK resident
  • £12.50 monthly management fee
  • Free PIN Replacements
  • Maximum card balance of £5,000

Tuxedo Guaranteed Bank Account

  • Guaranteed Acceptance
  • Sortcode & Account Number
  • Have your salary deposited into this account
  • Pay money in at any Post Office or high street branch
  • Prepaid MasterCard card
  • Create Standing Orders but you can not set up Direct Debits with this account.
  • 24 hour account management by Phone, Text and Online Banking
  • Dedicated Account Manager
  • £12.50 OPENING FEE
  • NO OVERDRAFT FACILITY – No risk of going overdrawn
  • NO EXTRA CHARGES – No charges for bounced standing orders
  • NO CREDIT CHECKS! – Guaranteed to be accepted, regardless of your past credit
  • YOU must be 18+ and UK resident
  • £12.50 monthly management fee

Cashplus Deluxe Current Account

  • Cashplus offers the following:
  • Instant Approval 100% Guaranteed (subject to Terms and Conditions)
  • Add Creditbuilder at no extra cost
  • Online banking - set up standing orders and Direct Debits for free
  • Free UK ATM withdrawals
  • Free to load your wages
  • Earn cashback for online shopping
  • Gold Prepaid MasterCard with unique Account Number and Sort Code
  • No credit checks to apply
  • No links to your bank account
  • No tie-ins
  • Up to £250 Overdraft available (subject to approval)
  • You must be 18+ and UK resident
  • £9.95 monthly management fee

Secure Trust Bank Guaranteed Bank Account

  • Secure Trust Bank offers the following:
  • 0.5% AER on Balances
  • An official bank account with sortcode and account number
  • Guaranteed Acceptance - No credit checks
  • Earn up to 4% cash Rewards
  • Pay in salary, wages and direct debits
  • Mange you account online or by telephone
  • No hidden or unexpected bank charges
  • No fees for bounced Direct Debits or Standing Orders
  • Prepaid MasterCard card
  • No Overdraft facility – No risk of going overdrawn
  • YOU must be 18+ and UK resident
  • £12.50 monthly management fee
  • One off set up fee of £12.50

Current Accounts Explained


Current Accounts: The Nucleus of Personal Banking

Current accounts provide customers with easy access to their money. They allow funds to be deposited which can then be withdrawn from an ATM, over the counter, or via transactions.

Current accounts allow direct debits and standing orders, which allows a customer to set up automatic payments such as rent or utility bills that get paid periodically. Many accounts also offer online banking, enabling customers to manage their finances at their convenience.

Current accounts are not usually profit-making products for banks, once the costs of staffing, debit transactions, ATM, maintenance, and security for online banking systems are accounted for. Instead, they are a route into broader personal finance products, such as credit cards, savings accounts, loans and mortgages.

As banks compete against each other for your custom, some restrict their best products to current account customers. Some offer specific perks, such as travel insurance, cashback, interest or 0% overdrafts on their current accounts.

Since current accounts are primarily used for transactions, interest rates are generally low. However, there are often some monetary perks available. Some current accounts offer higher interest rates for an introductory period, or require a minimum balance. Some perks also require a minimum deposit every month.

A useful way of making more from your money is to transfer excess funds from your current account into a high interest savings account every month.

Consider your banking needs. Do you really need a local branch?

Current accounts traditionally handle most inbound and outbound transactions. Therefore you need to consider accessibility to your account.

If you are heavily dependent on cashier services, then a bank that offers an extensive branch network covering your local area is likely to be your best option.

Bank online for better current account deals!

If you have little time or little need to access a branch – if your salary and bills are pre-arranged, perhaps – then a provider that offers state-of-the-art online banking access and telephone support could prove more beneficial.

There are often better interest rates and benefits available, such as 0% overdraft facilities, because managing accounts online and via telephone reduces the costs of managing your account.

Many banks allow withdrawals and deposits to be made via the Post Office. See their current list of eligible bank accounts.

How can you benefit from an overdraft?

Most current accounts offer an overdraft facility, which can be used as a form of borrowing. The limit is usually negotiated with your bank and can normally be increased or decreased where required. Some banks offer a small interest free overdraft facility without request, but you should always check with your bank to avoid penalties. Interest charges apply to some or the entire overdraft, so it is always best to check the costs that you will incur.

Which4U: Quick Current-Account Comparison

Find the right account through Which4U by comparing bank accounts in our easy-to-use tables, which will allow you to compare the main differentiating factors, interest rates and overdraft facilities.

Simply select the account provider that offers the best deal for you and click ‘Apply’. You will then be taken to that bank’s website to make your application. In most cases, you should get an instant decision online!

 

 

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