Compare Latest Current Account Deals
Best Current Accounts
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
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.
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 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 for a TSB Classic Plus account, 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 for a Santander 123 current account, 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 Current account »