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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

Santander current account review

Santander has a really wide range of current accounts on offer to suite a variety of different types of customers. These include:

Santander Everyday Current Account – A basic account with no monthly account fee and a Visa debit card.

Choice Current Account – Pay £10 a month and this account ensures you are not charged any unarranged overdraft fees.

Basic Current Account – Allows you to have income paid into the account, pay your bills and gives you a top-up card to make card payments. Aimed at those who don’t qualify for a standard current account.

However, Santander’s flagship current account is the Santander 1|2|3 Current Account which offers a number of attractive benefits for customers.

Santander 1|2|3 Current Account benefits

With a Santander 1|2|3 Current Account you can benefit from:

  • Monthly interest of 1.5% AER (variable)
  • Earn interest on your entire balance up to £20,000
  • Get cashback of between 1-3% on a range of household bills

To qualify for these benefits you will need to:

  • Pay a £5 monthly account fee
  • Pay at least £500 into your account each month
  • Have at least 2 active direct debits

Santander also offer 1|2|3 Student, Postgraduate and Graduate current accounts as well as a 1|2|3 Mini Account for children aged 11-18 and a 1|2|3 Mini Account (In Trust) for children aged 1-10.

Click here to find out more about the Santander 1|2|3 Current Account >>

What to look for when switching current accounts

There are various things to look out for when choosing a new current account to make sure you get everyday banking that works for you. The key things to look for are:

Interest rates – Check the rate you will earn on your savings and what you will pay on your overdraft. Which of this is the most important for you will depend on whether you tend to be in credit or not most of the time. Also bear in mind the balance limit on which you can earn interest.

Switching incentives – There are various switching bonuses and offers provided by many top current accounts. These can include cash upfront for switching, or other benefits, such as gift cards and introductory cashback offers.

Cashback – Many current accounts now offer some form of cashback deal, which is usually paid monthly. The TSB Classic Plus account gives you the chance to earn up to £120 cashback a year just for having active monthly direct debits and using your debit card regularly.

Additional benefits – A lot of current account offer extra benefits, either as standard or as optional add-ons. Perhaps the most common is free insurance, which may include personal insurance, travel insurance, phone insurance and more. Typically these benefits are most likely to be offered on current accounts where there is a monthly account fee to pay.

Compare current accounts

Take a look at the range of current accounts presently on offer from all the leading providers across the market right now to see which offers the best deal for you.

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.