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Compare Latest Current Account Deals

Yorkshire Bank
Signature Current Account Yorkshire Bank
Open With £1
Account Type Current Account
Features Shopping discounts plus insurance cover

Why we like it: Discounts available when you shop at certain major high street stores and supermarkets, as well as some holidays, cinema, concert tickets and events. All year round family travel insurance, UK breakdown cover, mobile phone and gadget insurance

Clydesdale Bank
Signature Current Account Clydesdale Bank
Open With £1
Account Type Current Account
Features Shopping discounts plus insurance cover

Why we like it: All year round travel insurance , UK breakdown cover, mobile phone and gadget insurance, and certain discounts available to account holders for some major stores and supermarkets, cinema tickets, holidays, events and concerts.

B
Current and Savings Account B
Open With £1
Account Type Current Account
Interest AER 0.5%

Why we like it: INNOVATIVE NEW BANKING SERVICE powered by Clydesdale and Yorkshire Banks. Get your current account and instant access savings account working together. Earn 0.50% AER on ALL instant access credit balances and 0.25% AER on current account balances up to £2,000. Fee free

Santander
123 Current Account Santander
Open With £1000
Account Type Current Account
Interest AER 1.50%

Why we like it: BEST SELLING CASHBACK CURRENT ACCOUNT. Earn 3.00% AER (variable) interest on balances from £3,000 up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Must pay in £500 pm.

First Direct
Current Account First Direct
Open With £1
Account Type Current Account
Features FREE £250 Overdraft £100 For Switching

Why we like it: £100 for switching into account. £250 interest free overdraft. Free banking if paying over £1,000 per month. £100 if not satisfied after 6 months

NatWest
Reward Account Natwest
Open With £1
Account Type Current Account
Features 3% in Rewards

Why we like it: Top 20% of Reward Customers earn on average £217 - You can earn Rewards on Direct Debits from your current account for: • Council tax • Gas, electricity and water supply • Home and mobile phone, TV package and broadband fees

Disclaimer: To apply for this account you must be aged 18 or over. UK resident. Not been declared bankrupt in last 6 years.

Barclays
Bank Account Barclays
Open With £1
Account Type Current Account
Features Earn rewards of up to £180

Why we like it: Earn rewards of up to £180 a year when you bank with Barclays - Get an annual loyalty reward of £84 plus £60 on your Barclays residential mortgage and £36 on your Barclays home and contents insurance. Start earning rewards with a monthly £3 fee based on £800 paid into your account and 2 direct debits paid out every month

Finding the best current account

While the average interest paying easy access savings account is paying just under 0.4% interest, surprisingly some of the best interest-earning accounts in the UK market presently are current accounts.

With a number of banks keen to attract new customers some high interest current accounts are paying up to 5% AER. These accounts have different criteria and we have summarised below some of the most attractive accounts currently on offer:

Nationwide FlexDirect current account

Nationwide pays a market leading 5.0% on balances up to £2,500 in first 12 months

  • Free text alerts to help you manage your account
  • Automated Telephone Banking, open 24/7
  • Award winning secure online banking
  • Withdrawal of up to £500 per day from their ATM network
  • Paperless statements
  • No monthly account fee
  • The full £75,000 UK savings safety guarantee

Click here for more information on the Nationwide FlexDirect Current Account »

TSB classic plus account

TSB pay a very competitive 3.0% on balances up to £1,500.

The TSB current account also offers cashback on contactless card payments. Currently customers can earn £5 cashback every month if they use their debit card at least 20 times a month and another £5 cashback for having 2 or more direct debits each month.

Additional features include no monthly fees.

What is the deal? To qualify customers are required to pay in £500 a month and register for internet banking, paperless statements and paperless correspondence.

Find out more... TSB Classic Plus Account »

Santander 123 current account

Earn 1.5%AER on your entire balance up to £20,000. You can also get between 1% and 3% cashback on a range of household bills, including Santander home insurance policies.

What is the deal?  To qualify you are required to pay in £500 a month and set up two direct debits to qualify for the account. Please note there is a £5 per month fee on this account.

Find out more... Santander 123 Account »

Latest news

Are you getting 10% on your savings?

In these low interest times getting a decent rate of return on your cash is not easy. Surprisingly some of the best interest rates are available via current accounts.

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Simplysavingsaccounts.co.uk is a trading style of Fair Investment Company Ltd.

We've been comparing savings and current accounts for many years so you can trust you're in good hands.