Building Society Current Accounts

Latest Current Account Deals

As you compare different building society current accounts with those offered by banks, you may wish to consider the following:

 

  • Rewards and benefits offered with the current account
  • Interest rates offered
  • Overdrafts and applicable fees
  • Whether there is a minimum monthly contribution to the current account
  • Whether you would have access to online banking
  • What type of card you would get with the current account.


Please see the comparison tables below for information on a number of current accounts that could be available to you:

Latest Current Account Deals
 AccountInterest (AER)Overdraft RateFunding Required*Fee pmFeaturesApply
N/A0% for first £250No minimumFree if funding £1,000 or £10 below £1,000£100 for switching into account. £250 interest free overdraft. Free banking if paying over £1,000 per month. £100 if not satisfied after 6 monthsMore Info >

First Direct 1st Current Account

  • A current account that works together with your life
  • Switch your current account and you'll get £100
  • £250 free of overdraft interest
  • Comes with satisfaction guarantee - if you're not happy you'll get £100
  • Mobile banking on the go with app for iPhone, Android and iPad
  • Beautifully designed Internet Banking service
  • Award winning customer service from real people answering your calls, 24 hours a day, seven days a week
  • 1st Account Banking with Britain's most recommended bank (Source: GfK NOP FRS, 6 months ending May 2015.) 
  • Must be 18 or older
  • Must pay a minimum of £1,000 into the account each month to qualify for free banking and £100 offers
N/a*£8**No minimum£19*Instead of interest you receive 2% rewards on 7 types of household bills if paid by Direct Debit, plus extra benefits including free Worldwide travel insurance, UK breakdown cover and mobile phone insurance.More Info >
NatWest Reward Platinum Current Account

  • Instead of interest you receive 2% off 7 types of household bills if paid by Direct Debit
  • On average NatWest customers earn £83 in Rewards per year. Based on monthly bills of £345 excluding the monthly £19 fee.
  • Includes many lifestyle benefits such as Worldwide multi trip travel insurance, UK car breakdown cover, mobile phone insurance & tastecard membership. Account terms & conditions apply
  • Access account anytime with 24-hour UK call centres, Online Banking and Mobile Banking app

  • Must be 18 or older
  • £19 monthly fee
  • ** Unplanned Overdraft Fee £8.00 daily, charged on unarranged overdrafts greater than £10 (maximum of £72 in any charging period). Monthly maximum charge for all unarranged fees: £80

 

N/a*£8**No minimum£12*Instead of interest you receive 2% rewards on 7 types of household bills if paid by Direct Debit, plus extra benefits including free European travel insurance and mobile phone insurance. More Info >
NatWest Reward Silver Current Account

  • Instead of interest you receive 2% off 7 types of household bills if paid by Direct Debit
  • On average NatWest customers earn £83 in Rewards per year. Based on monthly bills of £345 excluding the monthly £12 fee.
  • Includes many lifestyle benefits such as European multi trip travel insurance, preferential rates on travel money, mobile phone insurance & tastecard membership. Account terms & conditions apply
  • Ticket booking service, receive 25% cashback on tickets for theatre, dance, opera, concerts and more
  • Access account anytime with 24-hour UK call centres, Online Banking and Mobile Banking app

  • Must be 18 or older
  • £12 monthly fee
  • ** Unplanned Overdraft Fee £8.00 daily, charged on unarranged overdrafts greater than £10 (maximum of £72 in any charging period). Monthly maximum charge for all unarranged fees: £80

 

N/a*£8**No minimum£2*Instead of interest you receive 2% rewards on 7 types of household bills if paid by Direct Debit. More Info >
NatWest Reward Current Account

  • Instead of interest you receive 2% off 7 types of household bills if paid by Direct Debit
  • On average NatWest customers earn £83 in Rewards per year. Based on monthly bills of £345 excluding the monthly £2 fee.
  • Access account anytime with 24-hour UK call centres, Online Banking and Mobile Banking app

  • Must be 18 or older
  • £2 monthly fee
  • ** Unplanned Overdraft Fee £8.00 daily, charged on unarranged overdrafts greater than £10 (maximum of £72 in any charging period). Monthly maximum charge for all unarranged fees: £80

 

N/A£8**N/AN/AEarn a minimum of 1% of your spend at participating retailers with CashBack Plus. More Info >

NatWest Select Current Account

  • No monthly fee
  • Visa Debit card
  • Earn rewards when you use your debit card at selected retailers with CashBack Plus
  • Access to emergency cash if you lose your debit card (limits apply)
  • Manage your account online or on your mobile
  • Free text alerts to help you keep track of your spending
  • Must be 18 or older
  • ** Unplanned Overdraft Fee £8.00 daily, charged on unarranged overdrafts greater than £10 (maximum of £72 in any charging period). Monthly maximum charge for all unarranged fees: £80
N/A£8**N/AN/AEarn a minimum of 1% of your spend at participating retailers with CashBack Plus. More Info >

Royal Bank of Scotland Select Current Account

  • No monthly fee
  • Visa Debit card
  • Earn rewards when you use your debit card at selected retailers with CashBack Plus 
  • Access to emergency cash if you lose your debit card (limits apply)
  • Manage your account online or on your mobile 
  • Free text alerts to help you keep track of your spending
  • Must be 18 or older
  • ** Unplanned Overdraft Fee £8.00 daily, charged on unarranged overdrafts greater than £10 (maximum of £72 in any charging period). Monthly maximum charge for all unarranged fees: £80

If you are looking for a new current account, you may wish to consider one of the many building society current accounts available to you.  With introductory deals and long term benefits offered that could rival those of larger banks, comparing a range of building society current accounts could be the best way to find a current account suited to you.


With such an array of different current accounts on the market, all offering different benefits, it is surprising how few people opt to switch to a different current account and make their money work harder for them.  It is, in fact, fairly easy to switch current accounts, with many banks and building societies offering a straightforward switching service.


At present, many different banks and building societies offer a number of different appealing offers to new customers who wish to open new current accounts, or to switch their existing current account.


With so much competition in the market place, there has never been a better time to find yourself a great deal on current accounts from a building society or bank.

Got a Current Acccount? See Latest Savings Accounts Deals Below...

Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.30%Instant AccessMore Info >
  • Earn 1.30% gross/AER variable
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £1
  • Interest paid monthly or annually
  • Open and manage account online
  • Must be UK resident and aged 18 or older
  • Rate includes a 1.05% gross fixed rate bonus for 12 months from account opening. After 12 months the rate will revert to underlying rate, currently 0.25% gross/AER variable
  • Post Office Money Online Saver is provided by Bank of Ireland UK
1.30%Instant AccessMore Info >
  • Earn 1.30% AER Gross.
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £100
  • Interest paid monthly or annually
  • 7 day support
  • Covered by the French Depositor Compensation Scheme
  • Apply in minutes
  • Must be UK resident and aged 18 or older

1.17%

Instant AccessMore Info >
  • Earn 1.17% AER (variable)
  • Minimum opening balance of £1
  • Interest paid monthly or annually
  • Open an account singly or jointly
  • Unlimited deposits and withdrawals
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
1.00%Easy AccessMore Info >
  • 1.00% AER on balances up to £1 million
  • Save from £1000 - £1million
  • Monthly interest
  • Manage your account online
  • Unlimited withdrawals
  • Must be UK resident and aged 18 or over
  • New customers only

Gross is the interest you will receive before tax is deducted.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.