Guides to Current Accounts | Current Account Companies

Current Accounts

Welcome to CurrentAccounts.co.uk, we compare all the Current Accounts offered by the UK’s leading Banks and Building Societies. With more accounts available, there’s an excellent chance that you could be making your money work harder, and, switching accounts is now easier than ever, with many banks providing a dedicated service for the move.

	Monthly Charge	Minimum Monthly Credit	Overdraft Interest Free	Overdraft Standard Rate	Overdraft Standard Charge	Headline Interest Rate
Nationwide FlexAccount	£0	£0	none	18.9%	£0	0%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 18.9% EAR (variable).
First Direct 1st Account	£10	£0	£250	15.9%	£0	0%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 15.9% EAR (variable). Monthly charge is waived if £1,000+ is paid in per month.
Nationwide FlexDirect => £1,000 per month	£0	£1,000	Varies	0%	£0.50 per day	5%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).
NatWest Select Account	£0	£0	£100	19.89%	£0	0%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.89% EAR (variable).
Santander 123 Current Account	£2	£500	none	0%	£1.00 per day	3%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).
Santander Everyday Current Account	£0	£0	none	0%	£1.00 per day	0%
Representative Example: 0% EAR (variable) Arranged Overdraft. No Daily Arranged Overdraft Fee for the first four months. Then £1 per day capped at 20 days each monthly statement period applies thereafter. Assumed Arranged Overdraft credit limit: £1,200. Actual amount may differ.
RBS Select Account	£0	£0	£100	19.89%	£0	0%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.89% EAR (variable).
NatWest Select Platinum	£16	£0	£100	19.49%	£0	0%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.49% EAR (variable).
thinkmoney Personal Account	£14.50	£0	-	-	-	0%
Cashplus Cashplus Deluxe Account	£9.95	£0	-	-	-	0%
eccount money Current Account	£12.50	£0	-	-	-	0%
Secure Trust Bank Prepaid Bank Account	£12.50	£0	-	-	-	0.5%
Nationwide FlexPlus	£10	£0	£100	0%	£0.50 per day	3%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).
NatWest Select Silver Account	£10	£0	£100	19.89%	£0	0%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.89% EAR (variable).
RBS Select Silver Account	£10	£0	£100	19.89%	£0	0%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.89% EAR (variable).
RBS Select Platinum	£16	£0	£100	19.49%	£0	0%
Representative Example: If you use an overdraft limit of £1,200 the interest rate charged will be 19.49% EAR (variable).

Current Account Companies

View our full list of all current account companies.

Advanced Payment Solutions Financial Ltd Current Accounts

Barclays Current Accounts

CardOneBanking Current Accounts

First Direct Current Accounts

Lloyds TSB Current Accounts

Nationwide Current Accounts

NatWest Current Accounts

RBS Current Accounts

Santander Current Accounts

Secure Trust Bank Current Accounts

thinkbanking Current Accounts

How to Find the Best Current Accounts

Finding the best current account for your circumstances will not only make managing your money easier, it’ll also give you access to a range of facilities and services that help you keep control of your finances.

Getting the best current account deals isn’t quite as straightforward as simply applying for one of the best buy current accounts on offer.

This is for one simple reason; when it comes to current accounts there’s no such thing as 'one size fits all'.

Instead the facilities, interest rates and charges that characterise each of the best current account offers mean that the best current account UK isn’t necessarily the best option for your individual circumstances.

How do you use your account?

For this reason it’s a good idea to think about how you use your bank account before you carry out a current account comparison as this will make it easier for you to narrow down your options and find the best current bank accounts for the way you manage your finances.

The most important things to establish are how much money you pay in to your account each month, whether you are in credit or overdrawn most of the time, and whether you are likely to want any of the paid-for ‘perks’ that come with the best reward current account deals.

Many of the best current account deals specify a minimum monthly credit that you need to meet in order to use the account without charge. It’s essential that you can comfortably afford to meet the monthly minimum credit for the account that you choose otherwise you’ll be paying for your banking facilities needlessly.

If your income isn’t regular and you feel you’d struggle to meet a minimum credit each month, then simply look for a suitable account that doesn’t require you to do this.

If you spend most of your time in credit then it makes sense to look for an account that rewards you with interest. This will help the money you keep in your current account work even harder for you.

Similarly, if you spend most of your time in your overdraft then look for an account that charges as little as possible for this facility. If you can find a current bank account that offers a free overdraft for a certain length of time then even better.

If you tend to swing between being in credit, and dipping into your overdraft during the course of a month then look for an account that offers low overdraft charges and interest on in credit balances so that you get the best of both worlds. However, do weigh up your options to ensure that you won’t be paying out more than you need to in overdraft charges because you’ve opted for a high interest current account.

Do you want rewards?

If you want something extra from your current account then choosing the best current account with benefits that you’ll use and can’t get cheaper elsewhere can be a convenient way to get more from your bank. Of course, you will have to pay a fee for this type of account but providing you make the most of the benefits on offer they can present value for money.

Simply put, when it comes to choosing between the best current accounts UK banks and building societies are offering. Think about what you want your bank account to do for you and then choose the option that combines easy access with facilities that help you make the most of your money.