Current Accounts for over 50s
There are currently no banks we are aware of that offer preferential current accounts for the over 50s.
Alliance and Leicester pre July 2010 offered the Premier 50 Current Account however this account is no longer available to new customers.
See below for a selection of current accounts available to UK residents:
|Account||Interest (AER)||Overdraft Rate||Funding Required*||Fee pm||Features||Apply|
|FlexDirect Current Account||5.0%*||0% for 12 months||£1,000 per month||N/A||5.0% IN-CREDIT INTEREST on balances up to £2,500 for the first year.||More Info >|
Nationwide FlexDirect Current Account
|Nationwide FlexPlus Current Account||3.0%*||0% for first £250||No minimum||£13||3.0% INTEREST on balances up to £2,500||More Info >|
Nationwide FlexPlus Current Account
Santander Bank »
|Santander 123 Current Account||1.50%*||Up to £3 per day||£500 per month||£5 pm||*1.50% AER (variable) on your entire balance up to £20,000. Up to 3% cashback on household bills.||More Info >|
Santander 123 Current Account
|Nationwide FlexAccount Current Account||N/A||0% for first 3 months||No minimum||N/A||3 months interest-free overdraft and no monthly account fee||More Info >|
Nationwide FlexAccount Current Account
First Direct »
|1st Account Current Account||N/A||0% for first £250||No minimum||Free if funding £1,000 or £10 below £1,000||Switch your current account and you'll get a free gift worth up to £150. £250 interest free overdraft. Free banking if paying over £1,000 per month. Satisfaction guarantee - £100 if you leave within 6 months||More Info >|
First Direct 1st Current Account
Think carefully about the type of current account you personally need and look at a few different offers before you commit to one bank.
Switching your current account provider could be advantageous for a number of different reasons, including:
- It may save you money
- Switching your account may provide you with a better service
- You may receive better interest rates
- You may receive a reward/added benefits when you change provider.
See the tables on this page for some of the latest current accounts.