Current Accounts for High Earners

If you are lucky enough to be a high earner, you may want to think about taking out a current account that specifies in managing your personal financial situation and provides a service that you may not find with a standard account. If you earn a significant amount of money a year, a premium account could help you to manage your money successfully. There are a few advantages to obtaining a premier current account if you are a high earner, which include: 

  • Access to a personal account manager
  • Professional contact and advice on managing your finances
  • Some banks may offer more beneficial interest rates to premium account customers
  • Higher overdraft limits
  • Additional features such as free travel insurance


The tables below should help you speed up the process of looking at different current accounts and finding the one that is best for you.

 AccountInterest (AER)Overdraft RateFunding Required*Fee pmFeaturesApply
0.0%18.30%£300.00£15Benefits include Travel Insurance, mobile phone insurance, breakdown cover and much more for £15 per month.More Info >
0.0%19.49%£100.00 £12.95For the third year running, the independent financial research company Defaqto gave Advantage Gold their 5 Star rating for product features, benefits and charges (February 2011).More Info >
£0.0019.24%£100.00£12.95Mobile phone insurance - includes iPhones; Green Flag car breakdown cover - even on your driveway; Annual world wide travel insurance - includes winter sports.More Info >

*Some current accounts require customers to pay in a minimum amount each month.

**See Terms and Conditions

However, there are some disadvantages that high earners looking for a current account may want to think about when searching for a current account if you are a high earner. Some of these are: 

  • There are some banks that place higher monthly fees on premium current account
  • Some accounts have very high eligibility requirements to be accepted for an account
  • In many cases, the service you get may not be so different to a standard current account and the additional features you get may not represent value for money.


If you feel that a premium current account is not the right one for you shop around to get the right package.