Compare Current Accounts

Compare the latest current accounts available from the major high street banks and internet providers with our handy comparison table. Compare up-to-date information on account features and benefits to find the best current account for your needs.

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Compare current accounts

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  • Switch your current account to first direct and receive £100 cashback
  • Get another £100 if you leave within 12 months
  • Gain an additional £25 when you apply and use a first direct credit card
  • £250 interest free overdraft
Maximum Interest (AER)
0%
Switching Incentive
£100
Minimum Monthly Credit
None
Monthly Fee
£10
Representative Example: If you use an overdraft limit of £250 a 15.9% EAR (variable) charge will apply
  • Get £150 when you switch (terms & conditions apply)
  • 2% AER on your credit balances up to £3,000
  • Competitive overdraft rate
Maximum Interest (AER)
2%
Switching Incentive
£150
Minimum Monthly Credit
£1,000
Monthly Fee
Free
Representative Example: If you use an overdraft limit of £1,200 a 9.9% EAR (variable) charge will apply
  • Get £150 when you switch (terms & conditions apply)
  • No unplanned borrowing fees
  • Get CashBack from participating retailers (subject to available funds)
Maximum Interest (AER)
0%
Switching Incentive
£150
Minimum Monthly Credit
None
Monthly Fee
£7.50
Representative Example: If you use an overdraft limit of £1,200 a 18.85% EAR (variable) charge will apply
  • Get £150 when you switch (terms & conditions apply)
  • Linked to exclusive Savings Account Plus, an instant access account
  • Competitive planned overdraft rate, with no arrangement fee
Maximum Interest (AER)
0%
Switching Incentive
£150
Minimum Monthly Credit
None
Monthly Fee
Free
Representative Example: If you use an overdraft limit of £1,200 a 18.85% EAR (variable) charge will apply
  • Get £150 when you switch (terms & conditions apply)
  • 2% AER on your credit balances up to £3,000
  • Competitive overdraft rate
Maximum Interest (AER)
2%
Switching Incentive
£150
Minimum Monthly Credit
£1,000
Monthly Fee
Free
Representative Example: If you use an overdraft limit of £1,200 a 9.9% EAR (variable) charge will apply
  • Get £150 when you switch (terms & conditions apply)
  • No unplanned borrowing fees
  • Get CashBack from participating retailers (subject to available funds)
Maximum Interest (AER)
0%
Switching Incentive
£150
Minimum Monthly Credit
None
Monthly Fee
£7.50
Representative Example: If you use an overdraft limit of £1,200 a 18.85% EAR (variable) charge will apply
  • Get £150 when you switch (terms & conditions apply)
  • Linked to exclusive Savings Account Plus, an instant access account
  • Competitive planned overdraft rate, with no arrangement fee
Maximum Interest (AER)
0%
Switching Incentive
£150
Minimum Monthly Credit
None
Monthly Fee
Free
Representative Example: If you use an overdraft limit of £1,200 a 18.85% EAR (variable) charge will apply
  • Up to 4 % AER (3.93% gross) variable on balances up to £5,000
  • No account fee if you pay in £1,500 per month - otherwise the account costs £5 per month
  • Choose your Lifestyle Benefit every year per account from: cinema tickets; an annual magazine subscription; or annual Gourmet Society membership
Maximum Interest (AER)
4%
Switching Incentive
None
Minimum Monthly Credit
None
Monthly Fee
£5 (free if you pay in £1,500 per month)
Representative Example: For a Planned Overdraft of £1,200, the interest rate on the first £100 is 0% variable. On the next £1,100 the interest rate is 19.94% EAR variable, with a monthly overdraft usage fee of £6.
  • Earn up to £160 reward in the first year - made up of: £100 for switching and 12 x £5 reward each month you pay in £750+, pay out 2 different direct debits and stay in credit
  • To qualify for the £100 offer you must use the Current Account Switch Service and close your account held elsewhere. If you've had cashback for switching since January 2012, we're sorry but you don't qualify.
Maximum Interest (AER)
0%
Switching Incentive
£100
Minimum Monthly Credit
None
Monthly Fee
Free
Representative Example: If you use a planned overdraft of £1,200, then we'll charge you a daily fee of £1. Overdrafts are subject to status.
  • Earn £100 switching bonus and £25 for charity when you use the full Current Account Switch Service within 14 days of your account opening (terms & conditions apply)
  • Comes with instant access Savings Plus account
Maximum Interest (AER)
0.50%
Switching Incentive
£100 (+ £25 to charity)
Minimum Monthly Credit
£800
Monthly Fee
Free
Representative Example: If you use an overdraft limit of £1,200 a 18.9% EAR (variable) charge will apply.
  • £100 to you and £25 to charity when you switch (terms & conditions apply)
  • 24/7 customer service
  • Mobile and online banking available
Maximum Interest (AER)
0%
Switching Incentive
£100 (+£25 for charity)
Minimum Monthly Credit
None
Monthly Fee
Free
Representative Example: If you use an overdraft limit of £1,200 a 18.9% EAR (variable) charge will apply
  • 5% AER on balances up to £2,000
  • To earn 5% AER you must credit your account with £500 each month, register for internet banking, paperless statements and paperless correspondence
  • Rated 5 Star by Defaqto
Maximum Interest (AER)
5%
Switching Incentive
None
Minimum Monthly Credit
£500
Monthly Fee
Free
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.94% EAR (Variable)
  • 5% AER on balances up to £2,500 for the first 12 months (conditions apply)
  • Fee-free overdraft for 12 months (subject to approval)
  • Discounted personal loans, mortgage rates and savings products and access to exclusive product offers
Maximum Interest (AER)
5%
Switching Incentive
None
Minimum Monthly Credit
£1,000
Monthly Fee
Free
Representative Example: If you use an arranged overdraft of £1,200 the amount Nationwide will charge you is 50p per day (variable)
  • 3% on balances up to £2,500
  • 3 month fee-free overdraft
  • Includes worldwide travel insurance, mobile phone insurance, breakdown cover and extended warranty
Maximum Interest (AER)
3%
Switching Incentive
None
Minimum Monthly Credit
None
Monthly Fee
£10
Representative Example: If you use an arranged overdraft of £1,200 the amount Nationwide will charge you is 50p per day (variable).
  • Free UK & European travel insurance when you pay in £750 per month
  • Discounted personal loans, mortgage rates and savings products and access to exclusive product offers
  • A free mobile banking app which lets you monitor, manage and access your money on the move
Maximum Interest (AER)
0%
Switching Incentive
None
Minimum Monthly Credit
None
Monthly Fee
Free
Representative Example: If you use an overdraft limit of £1,200 a 18.9% EAR (variable) charge will apply
  • 1% cashback on water, council tax and Santander mortgage payments
  • 2% cashback on gas and electricity bills
  • 3% cashback on mobile, home phone, broadband and paid for TV packages
Maximum Interest (AER)
3%
Switching Incentive
None
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.
  • Earn a minimum of 1% cashback on your debit card spend at participating retailers with Cashback Plus
  • Optional Overdraft Control service available to help avoid penalty charges
Maximum Interest (AER)
0%
Switching Incentive
None
Minimum Monthly Credit
None
Monthly Fee
Free
Representative Example: If you have a Select Account with an arranged overdraft limit of £1,200 and you use all of this, you will be charged arranged overdraft interest at 19.89% p.a. (variable) and a monthly Arranged Overdraft Usage Fee of £6
  • Earn a minimum of 1% cashback on your debit card spend at participating retailers with Cashback Plus
  • Optional Overdraft Control service available to help avoid penalty charges
Maximum Interest (AER)
0%
Switching Incentive
None
Minimum Monthly Credit
None
Monthly Fee
Free
Representative Example: If you have a Select Account with an arranged overdraft limit of £1,200 and you use all of this, you will be charged arranged overdraft interest at 19.89% p.a. (variable) and a monthly Arranged Overdraft Usage Fee of £6
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

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.

Click here to find out more about current account types with our handy FAQ guide.

Helpful links for current account issues

Financial Conduct Authority (FCA) - The UK financial regulator's website features lots of useful information for banking customers covering everything from knowing your rights to how to stop unauthorised payments.

Financial Service Compensation Scheme (FSCS) - The FSCS is the best place to find out if your bank is covered by the compensation scheme and for advice on making a claim.

Financial Ombudsman Service - If you've complained to your bank and are still having ongoing problems then the Financial Ombudsman is the next step - their website covers everything you need to know about making a complaint.

Money Advice Service - The government's Money Advice Service provides unbiased advice on choosing, opening and managing a current account.

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