Compare Basic Current Accounts

  • Basic current accounts are 'no-frills' products that only provide everyday banking services with no monthly fee
  • Use our quick and easy comparison tool to compare basic bank accounts available from high street banks and internet providers.
  • Compare up-to-date information on account features to find your ideal account.

What type of current account are you looking for?

  • Nationwide logo

    Nationwide FlexAccount

    • No monthly fee
    • Share £200 with a friend when they switch their main current account to Nationwide (terms apply)
    • Maximum Interest (AER) [?]
      0%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      None
    • Monthly Fee
      Free

    Interest details

    • No interest is paid on in-credit balances on this account
  • Barclays logo

    Barclays Bank Account

    • Personalised debit card
    • Award-winning Barclays app
    • Earn cashback when you shop at lots of retailers when shopping through Barclays
    • Maximum Interest (AER) [?]
      0%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      None
    • Monthly Fee
      Free

    Interest details

    • No interest is paid on in-credit balances on this account

    Overdraft details

    • Arranged overdraft fees:
    • 75p a day up to £1,000
    • £1.50 a day from £1,000 to £2,000
    • £3 a day from £2,000 and above
    • Unarranged overdraft fees:
    • Barclays' Monthly Maximum Charge for Personal Current Accounts is £32. This includes: a maximum of 4 Unpaid Transaction Fees (£32 cap). Barclays' Monthly Maximum Charge for Personal Current Accounts with Emergency Borrowing is £67. This includes: a maximum of 7 Emergency Borrowing Fees (£35 cap) and a maximum of 4 Unpaid Transaction Fees (£32 cap). It doesn't include charges for using an arranged overdraft or the cost of packs for customising your account.
  • Santander logo

    Santander 1|2|3 Current Account

    • 1% cashback on water and council tax bills and on your Santander monthly mortgage payments (up to maximum of £1,000)
    • 2% cashback on gas and electricity bills and on Santander home insurance premiums (policies administered and underwritten by Aviva Insurance Limited)
    • 3% cashback on mobile, home phone, broadband and paid for TV packages
    • Maximum Interest (AER) [?]
      1.5%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      £500
    • Monthly Fee
      £5

    Interest details

    • 1.50% AER/1.49% gross (variable) interest on your entire balance up to £20,000

      Cashback Details
      To get cashback on your household bills and interest on your balance, just follow these steps:
    • Pay at least £500 into your account each month - any interest paid and payments between Santander personal accounts you're named on won't count towards this
    • Have at least two active Direct Debits - you'll receive cashback on any qualifying household bills you pay by Direct Debit

    Overdraft details

    • You could get a 4 month fee-free Arranged Overdraft when you switch to us. (Overdrafts are offered depending on your circumstances.)
    • The Arranged Overdraft Usage Fee will depend on the amount you use:
    • Below £2,000 - £1 a day
    • £2,000 to £2,999.99 - £2 a day
    • £3,000 and over - £3 a day
    • Unarranged Overdraft Usage Fee - £6 per day
  • Santander logo

    Santander 1|2|3 Lite Current Account

    • 1% cashback on water and council tax bills and on your Santander monthly mortgage payments (up to maximum of £1,000)
    • 2% cashback on gas and electricity bills and on Santander home insurance premiums (policies administered and underwritten by Aviva Insurance Limited)
    • 3% cashback on mobile, home phone, broadband and paid for TV packages
    • Maximum Interest (AER) [?]
      0%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      £500
    • Monthly Fee
      £1

    Interest details

    • No interest is paid on in-credit balances on this account

      Cashback Details
      To get cashback on your household bills, just follow these steps:
    • Pay at least £500 into your account each month - any interest paid and payments between Santander personal accounts you're named on won't count towards this
    • Have at least two active Direct Debits - you'll receive cashback on any qualifying household bills you pay by Direct Debit
    • Log on to Online or Mobile Banking at least once in every three months

    Overdraft details

    • You could get a 4 month fee-free Arranged Overdraft when you switch to us. (Overdrafts are offered depending on your circumstances.)
    • The Arranged Overdraft Usage Fee will depend on the amount you use:
    • Below £2,000 - £1 a day
    • £2,000 to £2,999.99 - £2 a day
    • £3,000 and over - £3 a day
    • Unarranged Overdraft Usage Fee - £6 per day
  • TSB logo

    TSB Classic Current Account

    • Optional £35 interest and fee free overdraft (subject to status)
    • Apple and Google Pay available with your account
    • 24 hour money - take control of your bank account round the clock through Internet Banking, Telephone Banking and our Mobile Banking app
    • Maximum Interest (AER) [?]
      0%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      None
    • Monthly Fee
      Free

    Interest details

    • No interest is paid on in-credit balances on this account

    Overdraft details

    • Assumed arranged overdraft of £1,200: 0% EAR up to £35, then 19.84%, £6 usage fee.
    • £10 overdraft buffer
    • If you try to make a payment and you don't have enough money in your account (including your Arranged Overdraft if you have one), we'll treat this as a request for an Unarranged Overdraft. If it's authorised and you use £10 or less, you won't be charged fees or interest on the amount you've borrowed. If you use more than £10 you'll get charged interest and fees on the full amount.
  • Starling Bank logo

    Starling Bank Current Account

    • Bank on the go with 100% mobile banking
    • Zero monthly fees
    • Get set up in minutes from your phone
    • Real time balance and instant payment alerts
    • Maximum Interest (AER) [?]
      0.5%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      None
    • Monthly Fee
      Free

    Interest details

    • 0.5% AER on balances up to £2,000
    • 0.25% AER on balances up to £85,000

    Overdraft details

    • Manage your overdraft with an adjustable in-app slider
    • Close your overdraft any time with a few taps
    • Interest of 15% is accrued daily and updated clearly in the app
  • N26 Current Account logo

    N26 Current Account

    • 100% mobile banking
    • Real time balance and instant payment alert
    • Manage limits, set PIN, lock/unlock card from the app
    • No Direct Debit or Standing Order facilities
    • Maximum Interest (AER) [?]
      0%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      None
    • Monthly Fee
      Free

    Interest details

    • No interest is paid on in-credit balances on this account

    Overdraft details

    • This account does not have an overdraft facility.
  • N26 logo

    N26 Black Current Account

    • 100% mobile banking
    • No fees on ATM withdrawals abroad, in any currency
    • Manage limits, set PIN, lock/unlock card from the app
    • No Direct Debit or Standing Order facilities
    • Maximum Interest (AER) [?]
      0%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      None
    • Monthly Fee
      £4.90

    Interest details

    • No interest is paid on in-credit balances on this account

    Overdraft details

    • This account does not have an overdraft facility.
Please note: 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.

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Basic Bank Accounts FAQs

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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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