Compare current accounts

See if you could switch to a better current account.

Compare current accounts

Table: sorted by promoted deals first
1 - 18 of 18
Name Product Finder score Account fees Funding requirement Interest (AER) Arranged overdraft Incentive Representative example Link
Select Account
Finder score
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Β£0
No minimum funding requirement
0% AER
39.49% EAR variable (subject to status)
tag iconFree 24/7 Emergency Cash Service to withdraw up to Β£300 for online and telephone banking customers or Β£60 if not.
Current account switch service guarantee badgeRepresentative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: Β£1,200 Subject to status. How does this overdraft compare? Representative APRs help you compare the cost of different credit products.
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Select Account
Finder score
β˜…β˜…β˜…β˜…β˜…
β˜…β˜…β˜…β˜…β˜…
Β£0
No minimum funding requirement
0% AER
39.49% EAR variable (subject to status)
tag iconFree 24/7 Emergency Cash Service to withdraw up to Β£300 for online and telephone banking customers or Β£60 if not.
Current account switch service guarantee badgeRepresentative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: Β£1,200 Subject to status. How does this overdraft compare? Representative APRs help you compare the cost of different credit products.
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Finder Award
OFFER
1st Account
Finder score
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Β£0
No minimum funding requirement
0% AER
N/A
tag iconSwitch to first direct and get Β£175 plus get access to a 7.00% AER/gross Regular Saver Account.
Current account switch service guarantee badge
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OFFER
Everyday Current Account
Finder score
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Β£0
No minimum funding requirement
0% AER
39.94% EAR variable
tag iconA simple and straightforward current account, with no monthly fee.
Current account switch service guarantee badge
Limited Offer: Get a free 4-year Santander Railcard worth Β£100 when you open an Everyday Current Account . You must be aged 20 to 25 on 30/06/2024, not already have a Santander current account and pay at least Β£500 into your account by 14/05/2024. T&Cs apply.
Representative example: If you use an arranged overdraft of Β£1,200, you'll be charged interest at 39.94% EAR variable.
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EXCLUSIVE
Revolut Standard
Finder score
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Β£0
No minimum funding requirement
0% AER

tag iconGet a Β£20 welcome bonus when you spend your first Β£20 (T&Cs apply).
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Reward
Not yet rated
Β£2 per month
Min. Β£1250 Per Month
0% AER
39.49% EAR variable (subject to status)
tag iconEarn 4 Rewards per month by making at a minimum of 2 direct debit payments of at least Β£2 each.
Current account switch service guarantee badgeRepresentative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: Β£1,200 Subject to status. How does this overdraft compare? Representative APRs help you compare the cost of different credit products.
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Finder Award
OFFER
Current Account - Age 18 and over
Finder score
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Β£0
No minimum funding requirement
3.24% AER
15% EAR variable
Current account switch service guarantee badge
No fees for spending or withdrawing cash overseas - currencies are converted at Mastercard’s standard exchange rate
Representative example: If you use an arranged overdraft of Β£1,200, you'll be charged interest at 15% EAR variable.
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Reward
Not yet rated
Β£2 per month
Min. Β£1250 Per Month
0% AER
39.49% EAR variable (subject to status)
tag iconEarn Β£4 back in Rewards per month by making at a minimum of 2 direct debit payments of at least Β£2 each.
Current account switch service guarantee badgeRepresentative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: Β£1,200 Subject to status. How does this overdraft compare? Representative APRs help you compare the cost of different credit products.
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CASHBACK
Spend & Save
Finder score
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Β£0
No minimum funding requirement
0% AER
39.9% EAR variable
tag iconEarn Β£5 cashback a month when making 20 or more debit card payments each month..
Current account switch service guarantee badgeIf you use an arranged overdraft of Β£1,200, you'll be charged interest at 39.9% EAR variable/APR representative.
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Monzo
Finder score
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Β£0
No minimum funding requirement
0% AER
39% APR representative (variable)
tag iconMonzo Instant Access Savings Pot earns you 4.10% AER interest (variable), paid monthly into the Pot you create.
Current account switch service guarantee badgeAssumed arranged overdraft of Β£1,200. Annual interest rate 39.00% variable. Representative 39.0% APR.
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OFFER
Premier Select
Not yet rated
Β£0
No minimum funding requirement
0% AER
Arranged overdraft available. Subject to eligibility.
tag iconNo foreign transaction fees on purchases abroad (ATM withdrawals & local fees may apply).
Current account switch service guarantee badge
To apply, you need to be 18+ and a UK resident and have ONE of the following: Pay a minimum Β£100k sole income or Β£120k joint income paid into a NatWest account. Have Β£500k minimum mortgage borrowing with us. A minimum Β£100k savings or investments held with us.
Representative Example: Assumed arranged overdraft of Β£1,200, 19.49% EAR variable p.a. representative 19.5% APR variable. How does NatWest's overdraft compare? Representative APRs help you compare the cost of different credit products.
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CASHBACK
Spend & Save Plus
Not yet rated
Β£3 per month
No minimum funding requirement
0% AER
N/A
tag iconEarn Β£5 cashback a month when making 20 or more debit card payments each month..
Current account switch service guarantee badge Account fee of Β£3 per month.
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Finder Award
OFFER
Chase Current Account - Current Account
Finder score
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Β£0
No minimum funding requirement
1% AER

tag iconReceive 1% cashback on everyday debit card purchases capped at Β£15.
Current account switch service guarantee badge
18+, UK residents. Available for your first 12 months for new customers. Max Β£15 per month. Cashback exceptions apply.
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HyperJar prepaid card Account
HyperJar prepaid card
Not yet rated
Β£0
No minimum funding requirement
0% AER
N/A
tag icon1% cashback on all physical card spend and 2% on all Google Pay/Apple Pay spending with a maximum of Β£200 with code: FINDER03. T&Cs apply.
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CASHBACK
Edge Current Account
Not yet rated
Β£3 per month
Min. Β£500 Per Month (Minimum two direct debit mandates on account per month)
0% AER
39.94% EAR variable
tag iconEarn cashback every month on selected household bills and essential spend.
Current account switch service guarantee badge
Limited Offer: Get a free 4-year Santander Railcard worth Β£100 when you open an Edge current account . You must be aged 20 to 25 on 30/06/2024, not already have a Santander current account and pay at least Β£500 into your account by 14/05/2024. T&Cs apply.
Representative example: If you use an arranged overdraft of Β£1,200, you'll be charged interest at 39.94% EAR variable. Account fee of Β£3 per month.
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Barclays Bank Account
Finder score
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Β£0
No minimum funding requirement
0% AER
35.0% EAR (Variable)
tag iconGet more from your everyday banking with Barclays Blue Rewards, with member deals and savings rates. (Eligibility, conditions and a Β£5 monthly fee apply).
Current account switch service guarantee badge

Available to UK residents 18 or over. Manage your money with the Barclays app, Online Banking and more. You must be 18 or over to access this product in the app. T&Cs apply.

Representative Example: If you use an arranged overdraft of Β£1,200, you will be charged 35.0% EAR (variable).

Representative APR: 35.0% (variable). Subject to application, financial circumstance and borrowing history.

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OFFER
Suits Me - Essential Current Account
Not yet rated
Β£0
No minimum funding requirement
0% AER

tag iconΒ£10 when your wages or benefits are paid in for the first time (T&C's apply).
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CASHBACK
Current Account
Not yet rated
Β£12.50 per month
No minimum funding requirement
0% AER

tag iconEarn cashback of up to 3.5% at more than 35 major high street retailers when using CardOneMoney card.
Current account switch service guarantee badge Account fee of Β£12.50 per month or Β£5 per month.
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What’s a current account?

A current account is a bank account that gives you instant access to your money and that you can use for your day-to-day financial life. It allows you to receive your salary, pay your bills, make purchases, send and receive payments and so on. It will come with an account number, a sort code, a debit card and some kind of Internet banking or mobile app facility to manage it.

While the basic functionalities are always the same, different current accounts from different banks will come with a range of different features to suit different needs.

How to compare current accounts

The best current account for a young professional who’s just moved out from their parents’ house will not be the same as the best current account for a CEO, so you’ll need to figure out which features are important for you. You should consider the following:

  • Switching bonus and rewards. Banks are vying for customers and have lots of tasty offers to get you to join. The most popular is, unsurprisingly, a big fat lump sum of cash! Look at what switching incentives are available at the moment, or compare current accounts with ongoing rewards here.
  • Great mobile app and low fees. Banking directly from your phone will make tracking your finances easier and more fun (maybe?). Check out current accounts with great apps.
  • Overseas spending. If you travel often, you want to be able to do it without paying any fees. High-street banks tend to be quite bad at this, so if low-cost travel is important to you, you may want to consider a challenger bank like Monzo, Starling or Revolut. This article shows the best cards for travelling overseas.
  • Interest rate. Not many current accounts pay an interest rate these days, but getting one of the few that do can be a nice way of topping up your monthly balance. Plus, sometimes opening a current account with a certain bank also gives you access to promotional rates on its savings accounts – if you need one, it’s a factor worth considering. Compare high-interest current accounts here.
  • Cheap overdraft. Overdrafts make an expensive way of borrowing money, so you should avoid them if you can. However, if you know you’re going to use yours, choosing an account that prices them fairly becomes pivotal. Compare current accounts with overdrafts here.
  • Insurance benefits. In return for a monthly fee, some current accounts (the so-called “packaged” accounts) come with a whole lot of insurance benefits. It isn’t always the cheapest deal you can get, but it’s a great way of getting yourself very comprehensive cover levels for 12 months a year. Compare packaged accounts here.

Have you thought about a mobile-only bank?

Digital banks like Monzo, Starling or Revolut have stolen the headlines in fintech for the last few years. In the Finder office we’re big fans – here’s why:

  • Cool features. Digital banks are constantly evolving and adding interesting features. The whole experience feels more user-centred and it’s easier to keep an eye on your spending, make budgets and personalise the whole thing too.
  • Easy to set up. You just download the app, enter your data and confirm your identity. It usually takes less than 10 minutes.
  • No fees. This usually also applies to spending abroad.

How to switch current account

If you’ve had your current account for years, the idea of switching may sound daunting – many people stick with bad deals just to avoid the hassle. However, the process is in truth quite simple thanks to the Current Account Switch Service (CASS).

Any banks signed up to CASS will switch over your account for you in seven working days. You don’t need to do anything except pick out your new current account and decide on a switch date. Here’s how it works:

  • Your balance and recurring payments are automatically transferred to your new account. This includes both direct debits and standing orders.
  • Your old account is closed. Your transaction history will not be transferred to your new account, so it’s a good idea to make sure you’ve got all your bank statements first.
  • Incoming payments to your old account will be redirected. A message with your new bank details is also automatically sent to the payer.

Depending on what your new bank is offering at the time, switching through CASS may also allow you to access switching bonuses and rewards.

Types of current accounts

Apart from standard current accounts that prioritise one feature or another, there are also dedicated types of current accounts to suit other specific needs:

  • Joint current accounts. Most current accounts can be opened together with another person (your partner, another member of your family, a friend). Just be aware that this creates a financial association between the two of you, which may potentially impact your credit score. Learn more on joint accounts here.
  • Bad credit. Most banks perform a credit check when you apply for a current account. If your credit score is less than ideal, you may still be offered an account, but you may not get an overdraft. Learn more on current accounts for people with bad credit.
  • Student accounts. If you’re a student, you can bag great perks and rewards and a fee-free overdraft with a student current account.
  • Children accounts. In order to be eligible for an adult current account, you usually need to be 16 or 18. However, children’s current accounts are available to kids as young as 11.
  • Business accounts. If you run a limited company or are a sole trader, it’s a good idea to keep your business finances separated from your personal finances. You can do this with a business current account.

Potential current account fees and costs

When picking a new current account, you should always make sure you’re aware of all the potential costs. Here are some of the fees you may come across:

  • Monthly fee. Most current accounts are free, but some will charge a monthly fee, especially if they offer special perks and benefits.
  • Overdraft charges. Overdrafts tend to be costly. Always check how much your bank charges before using yours.
  • Foreign transaction fee. Many debit cards charge a fee when you spend in a currency other than sterling. The foreign transaction fee often amounts to around 3% of the transaction. If you want to avoid it, you could consider having a dedicated account for when you’re travelling – digital banks like Monzo and Starling don’t charge foreign transaction fees.
  • ATM withdrawal fee. Withdrawing cash may come for a fee with some current accounts, especially if you do it overseas.
  • International money transfer fees. Sending or receiving money in a currency other than sterling is likely to be quite expensive with a standard current account. You may want to consider a money transfer service instead.
  • Cheque fees. There’s usually a pretty hefty fee for cancelling a cheque.

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Frequently asked questions

Banking scores

β˜…β˜…β˜…β˜…β˜… β€” Excellent
β˜…β˜…β˜…β˜…β˜… β€” Good
β˜…β˜…β˜…β˜…β˜… β€” Average
β˜…β˜…β˜…β˜…β˜… β€” Subpar
β˜…β˜…β˜…β˜…β˜… β€” Poor

Finder scores, in blue, are based on our expert analysis. We also show reviews from users, where we've received more than 10, with a score in yellow. We gather more reviews from customers every year in Finder's customer satisfaction survey.

To find out more, read our full methodology.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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