Compare High Interest Current Accounts

  • Some current accounts pay interest on in-credit balances.
  • Make your everyday money work for you by earning interest on your current account balance.
  • Compare rates on interest-paying accounts currently available in the UK.

What type of current account are you looking for?

3 products found
  • Santander logo

    Santander 1|2|3 Current Account

    • Earn up to 3% cashback every month on selected Household bills paid by Direct Debit, capped at £5 for each cashback tier each month
    • Earn monthly interest of 1.00% AER/gross (variable) on balances up to £20,000
    • To be eligible you must pay a minimum of £500 into your account each month; have 2 active Direct Debits
    • There is a £5 monthly fee for maintaining the account that will automatically be taken from your account each month
    • Maximum Interest (AER) [?]
      1.00%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      £500
    • Monthly Fee
      £5

    Interest details

    • Earn monthly interest of 1.00% AER/gross (variable) on balances up to £20,000

      Earn up to 3% cashback every month on selected Household bills paid by Direct Debit, capped at £5 for each cashback tier each month

    Overdraft details

    • 39.9% APR (variable)/ EAR (variable)
    • Unarranged Overdraft Usage Fee - 0% APR (variable)/ EAR (variable)
  • TSB logo

    TSB Classic Plus Account

    • Earn 1.5% AER (variable) on balances up to £1,500 by crediting £500/month, register for internet banking, paperless statements and correspondence, interest paid monthly.
    • Must be UK resident only, 18+
    • Maximum Interest (AER) [?]
      1.50%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      £500 (to earn interest)
    • Monthly Fee
      Free

    Interest details

    • 1.5% AER/ 1.49% gross variable interest paid on balances up to £1500 only. To earn interest (which is paid monthly) just pay a minimum of £500 a month and register for internet banking, paperless statements and correspondence.

    Overdraft details

    • Assumed arranged overdraft of £1,200: 39.9% APR representative variable. Subject to application, approval & repayable on demand.
  • 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) [?]
      0.05%
    • Switching Incentive
      None
    • Minimum Monthly Credit
      None
    • Monthly Fee
      Free

    Interest details

    • 0.05% on 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
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.

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.

High Interest Bank Accounts FAQs

What is a high interest bank account?

Who might want to take out a high interest bank account?

Will I be taxed on my interest earnings?

Can anyone open a high interest bank account?

How do I apply for a high interest bank account?

Can I switch my account to a high interest account?

Featured articles

Go to Current Accounts Hub

Featured brands

View all Current Account providers
Not found what you are looking for?