first direct joint accounts

first direct is renowned for its excellent customer service, so what joint accounts does it offer?

Our verdict: Is a joint account with first direct worth it?

The first direct joint account could be worth thinking about if good customer service is important to you and you’re after a straightforward account to manage joint finances. It might also appeal due to perks such as fee-free spending abroad and an interest-free overdraft.

The fact that first direct offers joint savings accounts also makes it an attractive option if you want to set aside some cash for shared savings goals, such as a holiday.

However, as always, it’s worth comparing accounts from other providers first before you make a firm decision.

Pros and cons of a first direct joint account

Does first direct offer a joint account?

Yes, first direct offers a joint bank account. It comes with 2 debit cards for your shared spending and you can manage the account in the same way as a sole bank account. Just remember that you’re both responsible for a joint account, including repaying any overdraft you use. This makes it important to ensure you trust the person you’re sharing the account with.

first direct has a UK banking licence which means your joint funds are protected up to £120,000 under the Financial Services Compensation Scheme (FSCS).

Which accounts are joint?

first direct only offers one joint bank account, its 1st Account.

The account includes an interest-free overdraft up to a set limit, plus fee-free spending abroad. You can manage the account in the app, online or over the phone.

The account also gives you access to a regular savings account. This savings account can’t be held on a joint basis, but you can both hold an individual account. Other joint savings options are available from first direct.

How do I get a joint account with first direct?

The easiest way to apply for a joint account with first direct is to complete the application form online. You’ll need to provide some personal details, including both of your names and your address history for the past 3 years, as well as your employment and income details.

The form should only take 10 minutes to complete.

To make sure you get accurate and helpful information, this guide has been edited by Kate Steere as part of our fact-checking process.

Written by

Rachel Wait

Writer

Rachel Wait is a freelance journalist and has been writing about personal finance for more than a decade, covering everything from insurance to mortgages. She has written for a range of personal finance websites and national newspapers, including The Observer, The Mail on Sunday, The Sun and the Evening Standard. Rachel is a keen baker in her spare time. See full bio