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This comparison simply includes all savings accounts.

NatWest
Reward Account NatWest
Open With £1250
Account Type Current Account
Features £175 Switch Offer T&Cs Apply*

£175 when you switch to a NatWest Select or Reward account and open a Digital Regular Saver. T&Cs apply, limited availability offer*

Why we like it

Must be 18 or older and a UK resident. £2 monthly fee applies.  Customers need to pay at least £1250 into any eligible personal current account every month (excludes transfers between your own accounts).  Must not currently hold a Reward account. Earn up to £5 per month back: £4 in Rewards for 2 or more Direct Debits (2 of the Direct Debits need to be £2+ each) and £1 with 1 mobile app log in. Earn Rewards that you can redeem as cash back, gift cards or e-codes with our retail partners or gift to selected charities. Great money management tools with our mobile banking app.  Multiple ways to pay: Apply Pay and Google Pay TM and contactless Visa Debit Card.  Limits apply. Access to Digital Regular Saver – deposit £ 1 - £150 pm.  5.50% / 5.37% AER/Gross p.a. (variable) on first £5k.  1.15% / 1.14% AER/Gross p.a (variable) above £5k. Arranged overdraft available (subject to eligibility and lending criteria).  Representative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: £1,200. How does our overdraft compare?  A good way to compare the costs of borrowing products is by using the APR, which shows the cost of borrowing over a year. The monthly cap on unarranged overdraft charges for our standard adult current accounts is £18.80.  What’s the cost of borrowing £500: Zero days (you’ve not yet used your overdraft) – you’d pay in total £0.00.  One day – you’d pay in total £0.46.  Five days – you’d pay in total £2.31.  Seven days - you’d pay in total £3.24.  Thirty days – you’d pay in total £13.87. Offer T&Cs: For £125 use the Current Account Switch Service to close your current account held elsewhere and switch to NatWest.  Pay in at least £1250 and log into the NatWest app within 60 days.  For an additional £50, open a new Digital Regular Saver account within 60 days of switching.  If you’ve previously received a switching incentive from NatWest Group you aren’t eligible. Limited availability offers.  T&Cs and restrictions apply.  Specific account eligibility criteria and conditions apply. 

Details

Minimum Age Reward
UK Resident 18
Santander
Edge Current Account Santander
Open With £500
Account Type Current Account
Features Earn £180 cash when you switch to an Edge Current Account*

SPECIAL OFFER - Earn £180 cash when you switch to a Santander Edge current account. To receive the £180, complete a full switch, set up 2 active household Direct Debits and pay in £1,500 within 60 days. T&Cs apply*. Spend with your Santander Mastercard debit or credit card in the UK or abroad from 1 Jul to 31 Dec and get entries into a monthly prize draw to win a European trip for two. You must enter the promotion to take part. T&Cs apply

Why we like it

Earn 1% cashback every month on selected household bills paid by Direct Debit, capped at up to £10 each month and 1% cashback every month on supermarket and travel spend when you use your debit card, capped at £10 each month. Access to Santander Edge Saver with 6.00% AER / 5.84% gross (variable) interest up to £4,000 with 2.00% AER /1.98% gross (variable) bonus rate for the 12 months from opening. Get cashback, vouchers, prize draws and other personalised offers when you use Santander Boosts (must have a personal Santander debit or credit card, be 18 years or over and be registered for Online and Mobile Banking). No fees or charges for international payments or CHAPS payments. Arranged overdraft interest rate of 39.94% APR/EAR (variable). For cashback offer you must pay a minimum of £500 into your account each month, have 2 active Direct Debits, be over 18 and live in the UK permanently. Paper-free account. £3 monthly fee. *Switch incentive available when you use Current Account Switch Service. For £180 cash you'll have to complete the full switch, set up 2 active household Direct Debits and pay in £1,500 within 60 days. T&Cs apply

Details

Minimum Age Interest Paying
UK Resident 18
Royal Bank of Scotland
Reward Account Royal Bank of Scotland
Open With £1250
Account Type Current Account
Features £175 Switch Offer T&Cs Apply*

£175 when you switch to a Royal Bank of Scotland Select or Reward account and open a Digital Regular Saver. T&Cs apply, limited availability offer*

Why we like it

Must be 18 or older and a UK resident. £2 monthly fee applies.  Customers need to pay at least £1250 into any eligible personal current account every month (excludes transfers between your own accounts).  Must not currently hold a Reward account. Earn up to £5 per month back: £4 in Rewards for 2 or more Direct Debits (2 of the Direct Debits need to be £2+ each) and £1 with 1 mobile app log in. Earn Rewards that you can redeem as cash back, gift cards or e-codes with our retail partners or gift to selected charities. Great money management tools with our mobile banking app.  Multiple ways to pay: Apply Pay and Google Pay TM and contactless Visa Debit Card.  Limits apply. Access to Digital Regular Saver – deposit £ 1 - £150 pm.  5.50% / 5.37% AER/Gross p.a. (variable) on first £5k.  1.15% / 1.14% AER/Gross p.a (variable) above £5k. Arranged overdraft available (subject to eligibility and lending criteria).  Representative Example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% APR (variable). Assumed credit limit: £1,200. How does our overdraft compare?  A good way to compare the costs of borrowing products is by using the APR, which shows the cost of borrowing over a year. The monthly cap on unarranged overdraft charges for our standard adult current accounts is £18.80.  What’s the cost of borrowing £500: Zero days (you’ve not yet used your overdraft) – you’d pay in total £0.00.  One day – you’d pay in total £0.46.  Five days – you’d pay in total £2.31.  Seven days - you’d pay in total £3.24.  Thirty days – you’d pay in total £13.87. Offer T&Cs: For £125 use the Current Account Switch Service to close your current account held elsewhere and switch to Royal Bank of Scotland.  Pay in at least £1250 and log into the Royal Bank of Scotland app within 60 days.  For an additional £50, open a new Digital Regular Saver account within 60 days of switching.  If you’ve previously received a switching incentive from NatWest Group you aren’t eligible. Limited availability offers.  T&Cs and restrictions apply.  Specific account eligibility criteria and conditions apply. 

Details

Minimum Age Reward
UK Resident 18

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