Compare Current Accounts

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Compare current accounts

	Account	Interest (AER) The account's Annual Equivalent Rate: the interest rate that is paid on in-credit balances over a year. Hover over the red asterisks for more details.	Overdraft Rate The interest or fee that is charged for using the account's overdraft facility.Hover over the red asterisks for more details.	Max Overdraft The maximum authorised overdraft amount permitted on the account.	Min Monthly Payment Some accounts require customers to pay in a certain amount each month. Failure to pay in the agreed amount can result in penalties or loss of account benefits.	Monthly Fee The amount that the bank charges customers each month to use the account – usually deducted from the account balance every month.
	Nationwide Flex Account Free European travel insurance, discounted personal loans and special mortgage deals - all with no monthly account fee.	0%	18.90%	Not stated	None	Free	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 16 Permanent UK Resident Yes
	Representative Example: If you use an overdraft limit of £1,200 a 18.9% EAR (variable) charge will apply
	Nationwide FlexDirect Earn 5% interest on balances up to £2,500. Conditions apply.	5% 5.00% AER (4.89% gross p.a.) for in-credit balances up to £2,500 (fixed for the first 12 months) if you pay in at least £1,000 per month. After the first 12 months the rate reverts to 1.00% variable. No interest on balances over £2,500.	0% 12 month fee-free overdraft. Any charges on arranged overdrafts after 12 months cost 50p per day. Unarranged overdrafts, cost 50p per day on balances up to £10, £5 per day on balances over £10 and are capped at £60 per month.	Not stated	£1,000	Free	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 16 Permanent UK Resident Yes Minimum Monthly credit £1,000 Monthly Fee None
	Representative Example: If you use an arranged overdraft of £1,200 the amount Nationwide will charge you is 50p per day (variable).
	NatWest Select Account Includes free app for your iPhone and overdraft (subject to eligibility)	0%	19.89%	Not stated	None	Free	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes
	Representative Example: If you use an overdraft limit of £100 a 19.89% EAR (variable) charge will apply
	NatWest Select Silver Account Includes free hmvdigital music downloads and LOVEFiLM DVD rentals, insurance for European travel and mobile phones, Withdraw up to £300 if you lose your card.	0%	19.49%	Not stated	None	£10.00	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes Monthly Fee £8.00
	Representative Example: If you use an overdraft limit of £100 a 19.49% EAR (variable) charge will apply
	Santander 123 Current Account Includes cashback on monthly bills.	3% AER dependent on balance: £1k+ = 1% £2k+ = 2% £3k+ = 3%	£1 per day A Daily Arranged Overdraft Fee of £1 per day capped at 20 days each monthly statement period applies.	Not stated	£500	£2	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident yes Minimum Monthly credit £500 Monthly Fee £2
	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.
	Barclays Bank Account with Tech Pack Straightforward Bank Account from Barclays with the Tech Pack for a £7.50 monthly fee	0%	19.3% Representative Example: Up to £200 - 0% interest per annum (variable) Over £200 and up to £5,000 - 19.3% interest per annum (variable)	£5,000	None	£7.50 per month	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes
	Representative Example: Up to £200 - 0% interest per annum (variable) Over £200 and up to £5,000 - 19.3% interest per annum (variable)
	Barclays Bank Account with Travel Pack Straightforward Current Account from Barclays with the Travel Pack for an £8.50 monthly fee	0%	19.3% Representative Example: Up to £200 - 0% interest per annum (variable) Over £200 and up to £5,000 - 19.3% interest per annum (variable)	£5,000	None	£8.50 per month	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes
	Representative Example: Up to £200 - 0% interest per annum (variable) Over £200 and up to £5,000 - 19.3% interest per annum (variable)
	Barclays Bank Account with Home Pack A straightforward Bank Account from Barclays with the Home Pack for a £6 monthly fee	0%	19.3% Representative Example: Up to £200 - 0% interest per annum (variable) Over £200 and up to £5,000 - 19.3% interest per annum (variable)	£5,000	None	£6.00 per month	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes
	Representative Example: Up to £200 - 0% interest per annum (variable) Over £200 and up to £5,000 - 19.3% interest per annum (variable)
	Barclays Bank Account Straightforward account with access to telephone and online banking	0%	19.3% Representative Example: Up to £5,000 19.3% interest p.a (variable) Subject to status and application.	£5,000	None	Free	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes
	Representative Example: Up to £5,000 - 19.3% interest p.a. (variable). Subject to status and application.
	RBS Select Account Includes free app for your iPhone and overdraft (subject to eligibility)	0%	19.89%	Not stated	None	Free	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes
	Representative Example: If you use an overdraft limit of £100 a 19.89% EAR (variable) charge will apply
	NatWest Select Platinum Account Includes insurance for world wide travel and Mobile phones (including iPhones) and Green Flag car breakdown cover and more.	0%	19.49% 0% EAR up to £100; 19.49% EAR over £100	£1,200	None	£16	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes Monthly Fee £16
	Representative Example: If you use an overdraft limit of £100 a 19.49% EAR (variable) charge will apply.
	RBS Select Silver Account Includes free hmvdigital music downloads and LOVEFiLM DVD rentals, insurance for European travel and mobile phones, Withdraw up to £300 if you lose your card.	0%	19.49%	Not stated	None	£10.00	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes Monthly Fee £8.00
	Representative Example: If you use an overdraft limit of £100 a 19.49% EAR (variable) charge will apply
	RBS Select Platinum Current Account Includes insurance for world wide travel and mobile phone (including iPhone), Green Flag car breakdown cover and tastecard Membership.	0%	19.24 0% up to £250; 19.24% over £250	Not stated	None	£16	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Monthly Fee £16
	Representative Example: If you use an overdraft limit of £1,200 a 19.24% EAR (variable) charge will apply.
	Norwich & Peterborough Gold Classic Current Account Free overseas spending on your debit card, free Sentinel Gold Cover and discounted savings rates.	0%	17.9% 0% EAR up to £250 for 6 months; 17.9% EAR over £250	Not stated	£500	Free	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes Monthly Fee Free (£5 if you do not pay in £500 per month)
	Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 17.9% EAR (variable).
	Cashplus Prepaid Current Account No Credit check required. The ideal alternative to a traditional High Street Account. Comes with FREE Creditbuilder facility.	0%	n/a	n/a	None	£9.95	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes Monthly Fee £9.95
	Clear Cash Prepaid Account The ClearCash Prepaid MasterCard comes with a raft of features designed to help cardholders save money and manage their finances more efficiently	0%	n/a	n/a	None	£9.95	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Age 18 Permanent UK Resident Yes Monthly Fee £9.95
	thinkmoney Account An innovative way to manage your finances with a two-account system - never miss a payment again.	0%	n/a	n/a	None	£14.50 single / £19.50 joint	MORE INFO

Accounts with an asterisk next to the AER interest have a bonus applied to the interest rate, place your mouse cursor over the asterisk to view the bonus.

More about current accounts

A current account is what you might call an everyday bank account. It's best used to hold the money that you spend on a regular basis - either on day-to-day living costs or usual household bills.

Your common-or-garden current account will provide you with a debit card which you can use with cash machines and in the shops, the ability to automatically pay out direct debits and standing orders and the option to administer your account in branch, over the Internet or via telephone. To credit the account you either pay in cash, transfer from another account or receive regular income like wages and pensions.

Some current accounts offer cheque books, others overdraft facilities which you can use to borrow a small amount in the short term. How much depends on your credit rating, as will the interest rate that you'll pay while in the red.

You do get interest paid to you when you've got a positive balance but this is usually very low; much lower, in fact, than the rate of inflation so it's not advisable to keep any more money than you need in it.

Some current accounts are free and won't cost you a penny as long as you don't go overdrawn. Other, more advanced accounts - those offering things like travel insurance thrown in - include a small monthly fee. There's a wide range of different benefits available so you should shop around.

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