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Compare Latest Current Account Deals

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 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 »

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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About us

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.