Best current accounts & debit cards with cashback in the UK 2026

Learn how current accounts with cashback work, whether they're right for you and how to find the best current account.

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By

Matthew Boyle

Edited by

Kate Steere

Updated

Fact checked

Fancy earning a bit of extra cash every time you spend money or pay your bills? A current account with cashback could be the answer — and you might be able to take advantage of a switching deal too.

Here’s more about the pros and cons of cashback accounts. Plus, we’re here to help you compare accounts so you can choose the right one for you.

Latest current accounts with cashback offers

Bank/E-money account providerAccount nameCashback offeringAccount feeRead review
ChaseCurrent accountGet 1% cashback on eligible debit card spending (capped at £15 per month) for the first 12 months as a new customer.£0Read review
Lloyds BankClub LloydsUp to 15% cashback when using your debit card at selected retailers, including Costa Coffee, Sainsbury’s, Sky and Booking.com.£5 per monthRead review
NationwideFlexDirectEarn £5 per month when you spend £500 qualifying spend on your debit card and an extra £5 when you £300 worth of qualifying direct debit spend is made from your account. £5 per monthRead review
SantanderSantander Edge Up1% cashback (up to £15 a month) on selected household bills when you pay by direct debit and 1% cashback (up to £15 a month) at supermarkets and on travel costs when you use your debit card.£5 per monthRead review
NatwestReward accountEarn up to £5 a month with NatWest Rewards.£2 per monthRead review
RBSReward accountEarn up to £5 a month with RBS Rewards.£2 per monthRead review
MonzoMonzo PerksEarn 2% to 15% from various retailers including Disney+, Lego, LNER and more. Plus a weekly Greggs treat, an annual Railcard every year & a monthly free cinema ticket.£9 per monthRead review
MonzoCurrent accountEarn 2% to 10% from various retailers including Disney+, Lego, LNER and more.£0Read review
ZopaBiscuitGet 2% cashback on your bills.£0Read review
SantanderSantander Edge1% cashback (up to £10 a month) on selected household bills and 1% cashback (up to £10 a month) at supermarkets and on travel costs when you use your debit card.£3 per monthRead review
Virgin MoneyClub M accountCashback from selected retailers on purchases made with your debit card including LNER, Virgin Voyages, Sunglass Hut and more. This can be traded up for eGift cards.£12.50 per monthRead review
RevolutStandard accountEarn RevPoints from selected retailers including Amazon, Sports Direct, BT Broadband and accomodation through RevStays. RevPoints are earned through everyday spending, turning card purchases into perks.£0Read review
TSBSpend & Save£5 cashback every month for the first six calendar months if you make at least 20 debit card payments in that month.£3 per monthRead review
TSBSpend & Save Plus£5 cashback every month if you make at least 20 debit card payments in that month plus other benefits.£0Read review
HalifaxReward accountUp to 15% cashback from selected retailers£3 per monthRead review
StarlingCurrent AccountUse the Tail app to get cashback offers from various retailers.£0Read review
Danske BankDankse RewardA £5 reward every month paid directly into your account.£2 per monthRead review

Latest reviews of current accounts with cashback

Chase Current Account

Chase Current Account

7.9 Great
Account fees£0
Interest (AER)0% AER
Go to site

The cashback reward: 1% cashback on eligible debit card spending (capped at £15 per month) for the first 12 months as a new customer. You can continue to earn cashback after 12 months if you pay in at least £1,500 a month

Other benefits

  • No fees from Chase on spending abroad
  • No fees from Chase on ATM withdrawals abroad
  • Interest on round-up spending

The potential cashback value: A maximum of £15 per month if spending £1,500 on eligible purchases

Any requirements: 18+, UK residents

Santander Edge

Santander Edge

9.8 Excellent
Minimum opening balance£0
Account fees£3 per month
Interest (AER)0% AER
Go to site Read review
Cashback of 1% on debit card spend at transport and grocery merchants, capped at £10 per month.

The cashback reward: 1% cashback on selected household bills when you pay by direct debit and 1% cashback at supermarkets and on travel costs when you use your debit card (note that the cashback on supermarket and travel spend is being removed on 9 September 2025)

Other benefits

  • Exclusive savings rates
  • Get cashback, vouchers, prize draws and personalised offers through Santander Boosts
  • Fee-free debit card spending abroad
  • Fee-free cash withdrawals abroad

The potential cashback value: Up to £20 a month (up to £10 a month cashback on household bills and up to £10 a month on essential spend)

Any requirements: You must pay at least £500 into your account each month and have 2 active direct debits on the account.

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.94% EAR variable. Account fee of £3 per month.

Any requirements: Pay in at least £1,500 each month; account opened on or after 9 September 2026; must not have held a FlexDirect account in the last 3 years (sole/joint exceptions apply)” current=”yes”]

Santander Edge Up

Santander Edge Up

9.6 Excellent
Minimum opening balance£0
Account fees£5 per month
Interest (AER)2.1% AER
Go to site Read review
Cashback of 1% on debit card spend at transport and grocery merchants, capped at £15 per month.

The cashback reward: 1% cashback on selected household bills when you pay by direct debit and 1% cashback at supermarkets and on travel costs when you use your debit card (note that the cashback on supermarket and travel spend is being removed on 9 September 2025)

Other benefits

  • Interest on current account balance
  • Get cashback, vouchers, prize draws and personalised offers through Santander Boosts
  • Fee-free debit card spending abroad
  • Fee-free cash withdrawals abroad

The potential cashback value: Up to £30 a month (up to £15 a month cashback on household bills and up to £15 a month on essential spend)

Any requirements: You must pay at least £1,500 into your account each month and have 2 active direct debits on the account.

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.94% EAR variable. Account fee of £5 per month.

TSB Spend & Save Plus

TSB Spend & Save Plus

9.8 Excellent
Minimum opening balance£0
Account fees£3 per month
Interest (AER)0% AER
see dealRead review
Earn up to £60 cashback annually - ongoing £5 cashback every month with 20 debit card payments per calendar month (excludes cash withdrawals).

The cashback reward: Up to 15% cashback from selected retailers

Other benefits

  • Save into Savings Pots and earn interest
  • Round ups feature to help you save cash

The potential cashback value: Depends on where you shop

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.9% EAR variable. Account fee of £3 per month.

TSB Spend & Save

TSB Spend & Save

8.2 Great
Minimum opening balance£0
Account fees£0
Interest (AER)0% AER
see dealRead review
Earn up to £30 cashback - £5 per month for 6 months, making 20 debit card payments per calendar month (excludes cash withdrawals).

The cashback reward: £5 a month

Other benefits

  • Save into Savings Pots and earn interest
  • £100 interest-free overdraft
  • Fee-free debit card spending abroad
  • Fee-free cash withdrawals abroad

The potential cashback value: £60 a year (£5 a month)

Any requirements: You’ll need to make 20 debit card payments each month to earn cashback

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.9% EAR variable.

Monzo Current Account

Monzo Current Account

9.3 Excellent
Minimum opening balance£0
Account fees£0
Interest (AER)0% AER
Go to site Read review

The cashback reward: Earn 2% to 10% from various retailers including Disney+, Lego, LNER and more.

Other benefits

  • Fee-free debit card spending abroad
  • Fee-free cash withdrawals in the EEA (free up to £200 a month outside the EEA)
  • Access to competitive savings account
  • Earn £10 cashback when you refer a friend to Monzo

The potential cashback value: Depends on where you shop

Any requirements: With the free plan, unlimited fee-free cash withdrawals in the EEA require you to pay in at least £500 a month and have a direct debit on the account - otherwise, fee-free withdrawals are limited to £400 every 30 days. Alternatively, you’ll qualify if you’ve received a Department for Work and Pensions or Department for Communities payment in the account or a student loan payment.

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39% EAR variable.

Monzo Perks

Monzo Perks

Minimum opening balance£0
Account fees£9 per month
Interest (AER)0% AER
Go to site Read review

The cashback reward: Earn 2% to 10% from various retailers including Disney+, Lego, LNER and more.

Other benefits

  • A weekly Greggs treat
  • An annual Railcard every year
  • A monthly Vue cinema ticket
  • Access to an exclusive savings account
  • Fee-free debit card spending abroad
  • Fee-free cash withdrawals in the EEA (free up to £200 a month outside the EEA)
  • Access to competitive savings account
  • Earn £10 cashback when you refer a friend to Monzo

The potential cashback value: Depends on where you shop, if you are a fan of Greggs, enjoy the cinema and travel frequently by train.

Any requirements: 18+, UK residents

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39% EAR variable. Account fee of £9 per month.

Revolut Standard

Revolut Standard

8.9 Great
Minimum opening balance£0
Account fees£0
Interest (AER)0% AER
See dealRead review

RevPoints rewards: Earn RevPoints at selected retailers as well as on accommodation when you book through Revolut Stays. RevPoints are earned through everyday spending, turning card purchases into perks.

Other benefits

  • Fee-free ATM withdrawals up to £200 a month
  • Fee-free currency exchange on weekdays up to £1,000 a month

The potential RevPoints value: Depends on where you shop

Any requirements: None

Zopa Bank Biscuit (Higher Interest)

Zopa Bank Biscuit (Higher Interest)

7.4 Great
Account fees£0
Interest (AER)2.75% AER

The cashback reward: 2% cashback on bills

Other benefits

  • Interest on balance
  • Linked variable savings account

The potential cashback value: £192 a year, including savings interest

Danske Bank Danske Reward

Danske Bank Danske Reward

Account fees£2 per month
Interest (AER)0% AER

The cashback reward: £5 a month

Other benefits: None

The potential cashback value: £60 a year - but you'll spend £24 per year on the £2 monthly account fee

Any requirements: Pay in at least £1,000 a month, opt for paperless statements and complete at least 8 debit card transactions per month

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 29.9% EAR variable. Account fee of £2 per month.

Virgin Money Club M Account

Virgin Money Club M Account

8.8 Great
Account fees£14 per month
Interest (AER)1% AER

The cashback reward: Earn cashback when you make purchases with your card at selected retailers including LNER, Virgin Voyages, Sunglass Hut and more. This can be traded up for eGift cards

Other benefits

  • Fee-free debit card spending abroad
  • Fee-free cash withdrawals abroad
  • Worldwide family multi-trip travel insurance
  • Worldwide family mobile and gadget insurance
  • UK breakdown cover

The potential cashback value: Depends on where you shop

Any requirements: Download the app to start earning cashback

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 19.9% EAR variable. Account fee of £14 per month.

Starling Current Account

Starling Current Account

9.8 Excellent
Account fees£0
Interest (AER)0% AER
See dealRead review

The cashback reward: Use the Tail app to earn cashback on your purchases at selected retailers.

Other benefits

  • Fee-free debit card spending abroad
  • Fee-free ATM withdrawals abroad

The potential cashback value: Depends on where you shop

Any requirements: You’ll need to use the Tail app to earn cashback.

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 15% EAR variable.

NatWest Reward

NatWest Reward

8.7 Great
Minimum opening balance£0.01
Account fees£2 per month
Interest (AER)0% AER
See dealRead review
£200 switch reward.

The cashback reward: Up to £5 a month which can be redeemed as cashback, or traded up for eGift cards or donated to charity

Other benefits: Earn from 1% in Rewards when you spend on your debit card at partner retailers

The potential cashback value: £5 a month plus additional retailer cashback

Any requirements: Have at least 2 direct debits on the account to earn £4 a month, plus log into the mobile app to earn £1 a month.

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.49% EAR variable. Account fee of £2 per month.

Royal Bank of Scotland Reward

Royal Bank of Scotland Reward

8.7 Great
Minimum opening balance£0.01
Account fees£2 per month
Interest (AER)0% AER
See dealRead review
£200 switch reward.

The cashback reward: Up to £5 a month which can be redeemed as cashback, or traded up for eGift cards or donated to charity

Other benefits: Earn from 1% in Rewards when you spend on your debit card at partner retailers

The potential cashback value: £5 a month plus additional retailer cashback

Any requirements: Have at least 2 direct debits on the account to earn £4 a month, plus log into the mobile app to earn £1 a month.

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.49% EAR variable. Account fee of £2 per month.

Club Lloyds

Club Lloyds

9.8 Excellent
Minimum opening balance£0
Account fees£0
Interest (AER)0.75% AER
£200 switch reward.

The cashback reward: Up to 15% on debit and credit card purchases or when you pay by direct debit at selected retailers.

Other benefits

  • Choose one lifestyle benefit each year - 12 months of Disney+, 6 cinema tickets, an annual digital Coffee Club and Gourmet Society membership or an annual magazine subscription
  • Interest on current account balance
  • Exclusive access to savings accounts

The potential cashback value: Depends on where you shop

Any requirements: Pay out 2 different direct debits each month to earn interest

Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 29.9% EAR variable.

The cashback reward: £5 a month

Other benefits

  • Instead of the monthly cash reward, you can choose one cinema ticket each month or 3 digital magazines per month
  • Access to exclusive savings offers
  • Up to 15% cashback at selected retailers when you spend on your card

The potential cashback value: £60 a year, plus retailer offers

Any requirements

  • Spend at least £500 on your debit card each month or keep £5,000 or more in your account
  • Pay at least £1,500 into your account each month and stay in credit.

What is a current account with rewards or cashback?

Some banks offer current accounts that will credit a cash reward back into your account when you make certain purchases using your debit card. These rewards tend to be based on a percentage of your spending.

A lot of these accounts will only pay cashback with certain retailers or on a certain category of spending, such as groceries or travel. Some might give you cashback on bills like council tax or broadband. Most will cap the maximum amount of cashback you can earn per month.

In some cases, you have to “activate” a cashback deal using your bank’s online banking rewards portal before making a purchase. However, some banks’ rewards systems are sophisticated enough to automatically credit cashback whenever you make an eligible purchase.

A lot of current accounts offer cashback instead of paying interest on in-credit balances, although some do both.

How to open a current account with cashback and rewards

Opening a current account with cashback is no different to opening any other type of current account. As with most bank accounts, you can apply to open a current account online, by phone or in-branch.

Before you sign up, make sure you fully understand how the cashback offer works and whether you need to activate it to claim the rewards.

The majority of banks are signed up to the Current Account Switch Guarantee, which guarantees a seamless switch from your existing current account to your new account within seven working days. From time to time the banks offer switching bonuses, which you can get on top of cashback. Visit our switching deals guide to find a list of current offers.

How to choose the best current accounts with cashback and rewards

1. Check if you’re eligible. It’s important to bear in mind that pretty much every cashback or reward scheme offered to current account customers comes with conditions you have to meet, sometimes on a monthly basis.

These typically include a requirement to deposit a minimum amount into the account each month. This shouldn’t be a problem if you have a regular monthly income or salary which you can get paid into that account.

2. Do you spend enough? This may sound like an odd question, but some cashback accounts also require you to spend a certain amount of money each month. For example, you’ll only get the £5 monthly cashback reward with Halifax’s Reward Current Account if you spend at least £500 per month on your debit card or have a daily balance of £5,000 or more.

3. Look out for fees. Annoyingly, a large number of reward or cashback current accounts actually charge a monthly account maintenance fee which can eat into your cashback. So, if you’re attracted by a bank’s promise to give you, say, £5 a month in cashback, make sure you factor in any monthly fees. If the monthly fee is £3, then all you really stand to gain is an extra £2 a month.

But some cashback accounts that charge a monthly fee will waive it if you pay in a certain amount each month.

Above all, make sure that fees don’t result in you actually losing money from a cashback account!

4. Look for convenience. If you already pay some of your regular bills from your bank account with a direct debit, then getting a cashback account that needs you to do that in order to get a regular reward could be an attractive prospect.

Matteo Pennarts's headshot
Case study: Matteo chose Chase because of its cashback

"I chose this account because of its 1% cash back and have earned around £300 since getting the card. It’s a great account and their customer service is amazing. Called 3 times for small issues, including an online shopping scam and was reimbursed and helped within 15 minutes. No phone waiting time, straight to operator. Very friendly staff.

If there’s one thing you’d tell a friend who’s thinking of getting this, what would it be?

Do it!"

Author

How to compare current accounts with cashback

The best way to compare these current accounts is to try and calculate exactly how much you’re likely to earn. This isn’t always easy, because what you’ll earn will be credited as a percentage of your overall spending.

Let’s say one account offers 0.5% cashback on all spending up to £100 per month, while another pays 2% cashback on all grocery shopping up to £250 per month. In this case, the amount of cashback you’ll earn is based on what spending you’re going to do in the future.

Cashback is unlikely to be the only factor you’ll want to consider either. Make sure you look at features such as interest paid on in-credit balances, overdraft options, customer service and branch access as well.

Perhaps, after all this, you’ll decide that the other factors are more important than the potential cashback that you could earn anyway. For this reason, make sure you compare all features of a current account to figure out which is best for your needs.

What’s the difference between a cashback and reward account?

Many people use these terms interchangeably. Some accounts are purely cashback-based, meaning you get money in return for meeting the account’s requirements. A reward account usually gets you some extras like cinema tickets or discounted movie streaming services.

What kinds of items can you get cashback on?

Some cashback accounts don’t offer a fixed cash amount, but rather give you cashback as a percentage of your spending on some household bills or with selected retailers.
Depending on the account, you can get a percentage cashback on your household bills, a few pence per debit card transaction, and even a percentage of your spending with selected retailers.

Other types of current accounts

While the best cashback current account can put a bit of extra money in your pocket, you might find that other types of bank account can offer you better value.

If you have a less steady income stream, a cashback account that requires you to deposit a fixed amount each month might not be that beneficial.

But, a high-interest current account might work better for you.

Elsewhere, packaged current accounts can offer you benefits ranging from mobile phone and travel insurance, streaming subscriptions and discounted retail offers, in exchange for a monthly fee.

Pros and cons of current accounts with cashback

  • Earn cashback on your purchases
  • Unlike interest, cashback is tax-free
  • Some banks allow you to earn cashback automatically
  • They can come with monthly fees
  • Some accounts offer cashback instead of interest on in-credit deals
  • Some accounts require you to “activate” cashback deals before you can earn money

Comparing cashback offers can be confusing, but try to be realistic and work out what you’re likely to earn each month after the fees have been deducted.”

– Katherine Denham, award-winning personal finance expert

Bottom line

To unlock the best value from a cashback current account you need to be confident that you can regularly meet its requirements. That means keeping a close eye on your day-to-day personal finances, including how much your regular bills are costing you, the methods you use to pay them, and where you usually spend your money.

Used properly, these types of accounts can offer you a handy bonus each year to help you meet your financial goals. But always weigh up the costs and eligibility criteria of cashback current accounts to work out if they are truly worth it for you.

Frequently asked questions

Our “Best for” picks highlight top options in specific categories based on our independent evaluation (see our full methodology), while “Promoted” tags indicate sponsored placements. Selected products may not suit everyone. We track selected market offers, which may not cover every product. Products are listed in no particular order unless specified, and inclusion or ordering may be influenced by popularity or commercial agreements. Most comparison table data is provided by Defaqto or sourced directly from providers. Always evaluate your own circumstances and consider independent advice before making major financial decisions.
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To make sure you get accurate and helpful information, this guide has been edited by Kate Steere as part of our fact-checking process.
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Matthew Boyle is a banking and mortgages publisher at Finder. He has a 7-year history of publishing helpful guides to assist consumers in making better decisions. In his spare time, you will find him walking in the Norfolk countryside admiring the local wildlife. See full bio

Matthew's expertise
Matthew has written 210 Finder guides across topics including:
  • Helping first-time buyers apply for a mortgage
  • Comparing bank accounts and highlighting useful features
  • Publishing easy-to-understand guides
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