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This comparison simply includes all savings accounts.

Santander
Everyday Current Account Santander
Open With £1
Account Type Current Account
Features Fee FREE Account Earn up to 15% cashback

Why we like it: No minimum monthly funding or monthly fee to maintain the account. Earn up to 15% cashback with Retailer Offers. Stress-free account switching in 7 days with the Current Account Switch Service. £300 ATM withdrawal per day, Arranged Overdraft facility (subject to status). Online and Mobile Banking with text and email alerts. Must be 18 or older and live in the UK permanently. 39.94% EAR overdraft charge. Bank is registered with the Financial Services Compensation Scheme (FSCS), so any money you keep will be fully protected, up to £85,000

Starling Bank
Mobile App Bank Account Starling Bank
Open With £0
Account Type Mobile Bank Account
Features Fee FREE Account Pays 0.05% AER

Why we like it: Free current account. Pays 0.05% AER interest on balances up to £85,000. Get set up in minutes. Send money abroad: Fast and secure money transfers to bank accounts in 38 countries worldwide. No fees when you pay with your card abroad or withdraw money. Get a spotlight on your spending: See what you’ve spent instantly with real-time payment notifications. 3 month interest holiday on the first £500 of an arranged overdraft. Best British Bank and Best Current Account in 2020 at the British Bank Awards. Awarded 5 stars by Defaqto. Bank is registered with the Financial Services Compensation Scheme (FSCS), so any money you keep will be fully protected, up to £85,000

Cashplus
Personal Current Account Cashplus
Open With £0
Account Type Current Account
Features No Credit Checks Online App

Why we like it: A bank account that can build credit history. No credit check during sign up. Apply straight from your mobile. Instant online decision. Get your Contactless Debit Mastercard within 3-5 working days. Add Creditbuilder onto your account and it could help build your credit rating at no extra cost. Deposit cash into your account at any Post Office UK branch. Money is available in your account immediately. Manage your account 24/7 from any device with the banking app - get real time balance information, statements, add payees send payments and apply for extras. Automatic payment alerts. UK based Customer Services Team. Your money is protected up to £85,000 by the FSCS (Financial Services Compensation Scheme)

Santander
123 Current Account Santander
Open With £500
Account Type Current Account
Features 0.30% AER Interest Up To £20,000 £4 pm Account Fee

Why we like it: Earn 0.30% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% cashback on household bills - 1% on council tax bills, Mobile and home phone bills, broadband and paid-for TV packages, and Santander monthly mortgage payments. 2% on Gas and electricity bills, Santander Home Insurance premiums and Santander Life Insurance premiums, and 3% on water bills. Monthly fee of £4. Cashback capped at £5 for each cashback tier each month. Must pay in £500 pm. Bank is registered with the Financial Services Compensation Scheme (FSCS), so any money you keep will be fully protected, up to £85,000

Santander
123 Mini Current Account Santander
Open With £0
Account Type Childrens Current Account
Features Children 18 or under 3% AER Interest (T&Cs)

Why we like it: Can be opened by or on behalf of any child up to the age of 18. Debit or cash card available for those aged between 13 and 18. Monthly interest. No monthly fee. For children under age 13, the account must be opened in trust and managed by an adult (trustee). If you’re aged between 13 and 18 years old and live permanently in the UK you can apply online by telephone or in branch. No overdraft facility. 1% interest on the entire balance once the balance is £100, 2.00% AER/1.98% gross (variable) on the entire balance once the balance is £1,500, 3.00% AER/2.96% gross (variable) on the entire balance once the balance is £1,500 or over (up to a maximum of £2,000). Bank is registered with the Financial Services Compensation Scheme (FSCS), so any money you keep will be fully protected, up to £85,000

Sainsbury’s current account review

Sainsbury’s used to offer a current account known as an Everyday Account, however these are no longer available and have not been replaced. This means Sainsbury’s does not offer current accounts at the moment.

Sainsbury’s does offer credit cards and a range of savings accounts, which may be of interest, but if you are specifically looking for a current account, you will need to compare what is on offer from other providers.

Switching a Sainsbury’s current account

If you are looking to change your current account to a new provider, you should familiarise yourself with the Current Account Switch Service. This offers a free, fast and simple way to switch your current account to a new provider.

When you want to move your account, you simply inform your new bank or building society that you wish to use the Current Account Switch Service to transfer your old account to them. Your new provider will then do the rest, using the service to transfer your balance and all payments in and out of your old account to your new account.

This makes switching your account quick and convenient and means you don’t risk missing a payment to you or from you to someone else. The Current Account Switch Service is supported by over 40 UK banks and building societies and covers 99% of all UK current accounts.

Compare Sainsbury’s current accounts to other market leaders

If you want to find a new current account to get a better interest rate or improved benefits compared to your existing account, it makes sense to compare the broadest range of accounts possible.

Our current account comparison table at the top of the page makes it fast and easy to look at leading current accounts from all the top providers. That way you can make an informed choice and get the best deal for you.

The following three accounts offer some of the most attractive interest rates on the market:

Santander 123 current account

Interest rate: 1.50% AER/1.49% gross (variable) on balances up to £20,000.

Account fee: £5 per month.

Other benefits: Earn 1-3% cashback on a variety of household bills. This includes payments on a Santander mortgage or insurance policy. To qualify for cashback, you must deposit at least £500 a month into the account and have two active Direct Debits.

TSB Classic Plus account

Interest rate: 3% AER paid monthly on a balance of up to £1,500.

Account fee: None, but you must pay in at least £500 a month to earn interest.

Other benefits: Earn £5 cashback each month if you have at least two Direct Debits from the account, plus another £5 a month when you use your debit card at least 20 times.

Nationwide FlexDirect current account

Interest rate: 5% AER (4.89% gross p.a.) interest on balances up to £2,500 (for the first 12 months) 1% gross p.a./AER (variable) interest after this.

Account fee: No account fee, but you must deposit a minimum of £1,000 a month to earn interest.

Other benefits: Customers over the age of 18 can get a fee-free overdraft for 12 months (subject to approval).

Latest news

Top 3 picks for current accounts in 2021

Over 5.1 million UK bank and building society customers have switched their bank accounts using the free (and guaranteed) current account switching service which simplifies the process for customers. Read More »

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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.