Top Current Accounts

Compare Best UK Current Accounts

Earn up to 5% AER on your cash!

Some of the best rates of interest you will get on cash currently are on current accounts. E.g Nationwide offer 5% AER fixed (4.89% gross pa) in credit interest on balances up to £2,500 for the first 12 months

You can also benefit from switching your account. A number of banks now offer switch incentives. HSBC are currently offering £150 if you switch your current account to them. The good news is that switching is a lot easier than it used to be – basically the new bank account provider will do all the work in setting up your direct debits and standing orders etc.

For students looking for a good account Santander UK are offering a free railcard for 4 years as long as you are 18 and are in or are about to enter into full time further education.

High Interest Current Account Offers

Account

Chase Current Account

Features

1% cashback on your everyday debit card spending for your first 12 months. Cashback exceptions and limits apply. Plus access to a 4.1% AER easy access saver account

Funding Required

No monthly minimum

Account fee

FREE

More info

More Information About This Account

Earn 1% cashback on everyday debit card spending, including contactless. Available for your first 12 months for new customers. Max £15 per month. Cashback exceptions apply
Access to a Chase saver account paying 4.1% AER (4.02% gross) variable. Interest is earned daily and paid monthly. Easy access to your money with no minimum opening balance
5% interest on a round up account- choose to round up your spending to the nearest £1 and you’ll get 5%AER (4.89%gross) variable interest on your round up account, paid monthly
Zero fees from Chase when you use your Chase debit card, both at home and away
No ATM fees applied by Chase
Open extra current accounts in seconds, for free. Use them to spend from, pay bills with Direct Debits, budget, and set aside money in the way that works best for you

Must be 18+, be a UK resident and have a smart phone and UK mobile number
No account opening fees and no monthly fee
No minimum monthly funding
In-app card control – you decide how and where your card works. You can stop it from making contactless or gambling payments, from working abroad, or from making cash withdrawals
Numberless card – your card details are stored in the app, so no one can see them but you
24/7 customer support – either over the phone or in app message

Account

Santander Edge Up Current Account

Features

3.50% AER (3.45% gross variable) on balances up to £25,000, and up to 1% cashback on household bills, supermarket and travel costs (exclusions apply)

Funding Required

£1,500 per month

Account Fee

£5 pm

More info

More Information About This Account

3.50% AER/3.45% gross (variable) on balances up to £25,000
1% cashback (up to £15 a month) on selected household bills when you pay by Direct Debit
1% cashback (up to £15 a month) at supermarkets and on travel costs when you use your debit card (exclusions apply)
Free to use Santander Edge Up debit card outside the UK
Get cashback, vouchers, prize draws and personalised offers with Santander Boosts , free rewards service

Must be 18 or older and live in the UK permanently
Monthly fee of £5
Must pay a minimum of £1,500 into the account each month
Must have 2 active Direct Debits
Arranged overdraft available (subject to status)
Arranged overdraft interest rate of 39.94% APR / EAR (variable)

Account

Nationwide FlexDirect Current Account

Interest Rate

5%
AER fixed on balanced up to £1,500

Funding Required

£1,000 per month

Overdraft rate

0% for 12 months

More info

More Information About This Account

5.00% AER fixed (4.89% gross pa) in-credit interest on balances up to £1,500 for the first 12 months
No monthly account fee
Interest-free arranged overdraft for 12 months
Access to mobile banking secure app. Manage all your Nationwide accounts in one place. View and search your transactions. Freeze and unfreeze your Visa Debit card. Report your card lost or stolen and order a new card
Manage your account online, by phone or in branch
Access to other Nationwide products by becoming a member of Nationwide. Current account members get access to exclusive savings accounts

Must be 18 or older and a UK resident
Must pay a minimum of £1,000 into the account each month, from an external source (i.e. not another Nationwide account)
After the first 12 months, interest rate drops to 1% AER (0.99% gross a year) variable
After 12 months, an interest rate of 39.9% a year compounded (variable) will apply to your arranged overdraft

Account

Santander Edge Current Account

Features

Earn cashback every month on selected household bills and essential spend, plus get access to an exclusive savings account paying 7% AER

Funding Required

£500 per month

Account fee

£3 per month

More info

More Information About This Account

Earn 1% cashback every month on selected household bills paid by Direct Debit, capped at up to £10 each month
Earn 1% cashback every month on supermarket and travel spend when you use your debit card, capped at £10 each month
Access to Santander Edge Saver with 7.00% AER / 6.78% gross (variable) interest up to £4,000 with 2.50% AER / 2.47% gross (variable) bonus rate for the 12 months from opening
Get cashback, vouchers, prize draws and other offers personalised to you when you use Santander Boosts
No fees or charges for international payments or CHAPS payments

Arranged overdraft interest rate of 39.94% APR/EAR (variable)
For cashback on household bills and essential spend, you must pay a minimum of £500 into your account each month, have 2 active Direct Debits, be over 18 and live in the UK permanently
Paper-free account
To be eligible for Santander Boosts, you must have a personal Santander debit or credit card, be 18 years or over and be registered for Online and Mobile Banking
£3 monthly fee

Current Account Offers With Switching Incentives

There are no tables for this criteria

Top Current Accounts

Choosing the right current account is an important decision. Whether you are turning 18 and desire the financial independence that is associated with a current account, or perhaps you intend to switch banks or building societies because you are not satisfied with the customer service or terms of your present current account.

Whatever your personal circumstances, it is vital that you find the right current account for you by comparing top current accounts. It is often wise to look further afield than the most popular current account choices because other smaller banking organisations propose great offers and bonus features designed to attract new customers, such as:

Rewards
Overdrafts (without fees up to as much as £300)
Joint current and savings account deal with benefits
High interest accounts
Packaged accounts

The best way to find the top current account for you is to compare the details of different deals – see the tables for a selection.

It is now even easier to switch your current account between banks or building societies because most banks employ a skilled and experienced group of people usually referred to as a ‘switch team’. These people are dedicated to providing a slick and professional service designed to enable you to receive the quality service you are looking for in switching current accounts.

Use Comparison Tables

Before committing to a switch it is highly advisable to compare various current accounts and what each account offers in terms of the bonus features mentioned above. You should be sure of your choice before confirming with the bank or building society in question. Use our comparison tables to get an idea of what some banks offer including the bonus features.

Seek Professional Advice

In order to get the best current account to meet your personal needs, you may wish to speak with a professional advisor in your local branch. Doing your research online using our comparison tables will benefit you in the process of making this important decision.