first direct Current Accounts

Please see below for full details of the First Direct current accounts including important information such as interest rates, features, rates and fees.

Compare first direct Current Accounts

    • Switch your current account to first direct and receive £100 cashback
    • Get another £100 if you leave within 12 months (conditions apply)
    • £250 interest free overdraft
  • Maximum Interest (AER)
    0%
  • Switching Incentive
    £100
  • Minimum Monthly Credit
    None
  • Monthly Fee
    £10
  • More info + In detail
  • Interest details
    • No interest is paid on in-credit balances on this account
    Overdraft details
    • 0% EAR up to £250
    • 15.9% EAR over £250
    Switching incentive details
    • Open a 1st Account then switch your banking using the Current Account Switch Service and pay in at least £1,000 within three months of your account opening and get £100 adeed to your account.
    • This offer is limited to one payment per customer or joint relationship. Incentives are paid within 28 days of all criteria being met.
    • Offer only available to people who haven't previously held any account with first direct.
  • Representative Example: If you use an overdraft limit of £250 a 15.9% EAR (variable) charge will apply

Other current accounts

    • Earn 3% Rewards on selected household bills
    • Includes NatWest's mobile app & Emergency Cash
    • Top 20% of NatWest Reward customers earn, on average, £217 in Rewards per year. Based on their average Dec '15/Jan'16 Direct Debit amounts. Excludes monthly £3 fee
  • Maximum Interest (AER)
    0%
  • Switching Incentive
    None
  • Minimum Monthly Credit
    None
  • Monthly Fee
    £3
  • More info + In detail
  • Interest details
    • No interest is paid on in-credit balances on this account
    Overdraft details
    • Arranged overdraft fees:19.89% EAR (variable) and a monthly Usage Fee of £6 on all arranged overdrafts
    • Unarranged overdraft fees:If you enter an Unarranged Overdraft by more than £10, you will be charged an Unarranged Overdraft Usage Fee of £6 for each day you remain in that position, capped at £90 per charging period.
  • Representative Example: If you have a Reward 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
    • 3% AER on balances up to £1,500
    • To earn 3% AER you must credit your account with £500 each month, register for internet banking, paperless statements and paperless correspondence
  • Maximum Interest (AER)
    3%
  • Switching Incentive
    None
  • Minimum Monthly Credit
    £500
  • Monthly Fee
    Free
  • More info + In detail
  • Interest details
    • 3% AER / 2.96% gross variable interest paid on balances up to £1,500 only. Must pay in £500 a month, register for internet banking and paperless statements and paperless correspondence.
    • Plus 5% Cashback on your first £100 Contactless payments every month. Contactless Subject to eligibility. End Sept 2017. (T&Cs apply). Borrower must be 18+ and a UK resident.
    • Plus, if you also use an eligible TSB credit card, you can earn up to £60 cashback in a year on that too. Representative 18.9% APR (variable). Subject to status. Must be 18+ & UK Resident. End Sept 2017.
    Overdraft details
    • £10 interest-free overdraft buffer
    • If you go overdrawn by more than £10, TSB's Grace Period means that you have until 3.30pm (UK Time) to pay in enough money to avoid any overdraft fees you may incur that day
    • 0% interest on planned overdraft up to £25
    • 19.84% AER variable and a Monthly Overdraft Usage Fee of £6 apply to amounts of £25 to £1,200
  • Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 0% EAR variable on the first £25 and 19.84% EAR variable on the next £1,175 plus a Monthly Overdraft Usage Fee of £6.
    • Linked to exclusive Savings Account Plus, an instant access account
    • Competitive planned overdraft rate, with no arrangement fee
  • Maximum Interest (AER)
    0%
  • Switching Incentive
    None
  • Minimum Monthly Credit
    None
  • Monthly Fee
    Free
  • More info + In detail
  • Interest details
    • No interest is paid on in-credit balances on this account
    Overdraft details
    • Arranged overdraft fees: 18.85% EAR (variable) and a monthly £6 fee if you end any business day overdrawn by more than the £25.00 planned borrowing buffer amount (unless that position was created by us adding fees or interest)
    • Unarranged overdraft fees: A £6 daily fee for each business day that you end in unplanned borrowing by more than the £10.00 Unplanned Borrowing Buffer Amount (unless that position was created by us adding fees or interest).
  • Representative Example: If you use an overdraft limit of £1,200 a 18.85% EAR (variable) charge will apply