Not all bank accounts are made of quite the same stuff.
If you’re on the hunt for a better deal with your current account, one key thing to look out for are the attractive cashback offers you can take advantage of.
We’ve put together a list of our top five accounts with the best current account cashback offers.
1.First Direct
Cashback offer: £100
To qualify, you have to…
- Be opening their first account
- Pay a minimum of £100 per month
Key features:
- £250 interest-free overdraft
- Access to market-leading loan and saving rates
- £100 “satisfaction guarantee”
- £10 monthly fee
2.NatWest/RBS Rewards Accounts
Cashback offer: £125
To qualify, you have to…
- Be a new customer
- Be 18+ and a UK resident
- Pay in £1,250 each month
Key features:
- Ability to “earn” rewards
- Easy-to-use mobile banking app
- Ability to arrange overdraft
- £2 fee monthly
3. Santander 1|2|3
Cashback offer: up to 3% cashback on selected household bills (capped at 5%); up to 15% cashback with Retailer Offers
To qualify, you have to…
- Put at least £500 in the account each month
- Have 2 active direct debits
- Aged 18+
- UK resident
Key features:
- The monthly interest of 1.00% AER on up to £20,000
- Ability to arrange overdrafts
- 1|2|3 World offers
4. HSBC Advance Account
Cashback offer: £150 (+£50 if you hold the account for at least a year)
To qualify, you have to…
- Be switching from a non-HSBC current account
- Put at least £1,750 each month
Key features:
- Overdraft of £1000 (minimum)
- 2.75% AER gross on savings
- No monthly fee
- Easy mobile banking
5. M&S Bank Current Account & Premium Current Account
Cashback offer: £185 in M&S vouchers
To qualify, you have to…
- Keep the account for at least 12 months
- Have a minimum of 2 active debit cards
- You get a £5 gift card each month, assuming a minimum of £1000 is put into the account.
Key features:
- No fees
- Birthday gift worth £10
- 48 hot drink vouchers per year
- Exclusive rates and product discounts
- M&S triple points