Compare Current Accounts
Here’s a summary of some top UK current accounts for 2024, each offering distinct advantages:
1. Starling Bank - Best for those seeking a no-fee digital experience, Starling’s account offers 3.25% interest on balances up to £5,000, fee-free spending abroad, and an intuitive app with budgeting tools. Starling also provides FSCS protection up to £85,000, making it a reliable option for both local and travel use.
2. Nationwide FlexDirect - Known for high introductory interest, FlexDirect offers 5% AER on balances up to £1,500 for the first year (then 1% after). This account also has a fee-free overdraft for the first 12 months, suitable for short-term overdraft needs.
3. Santander Edge - This account charges a £3 monthly fee but offers cashback on bills and everyday spending, plus access to a high-interest savings option at 6% on balances up to £4,000. It’s ideal for those who can benefit from regular cashback and are comfortable with a small monthly charge.
4. First Direct 1st Account- With a generous £175 switch bonus, fee-free spending abroad, and a £250 interest-free overdraft, this account is attractive for new switchers. First Direct also offers a Regular Saver account with 7% interest on up to £300 monthly deposits.
5. Chase - Chase’s UK account includes 1% cashback on spending (not on direct debits), no foreign transaction fees, and a user-friendly app. It’s an appealing choice for users looking for consistent cashback rewards.
Consider your needs, such as international spending, cashback, or high interest on in-credit balances, to select the best fit.
1. Starling Bank - Best for those seeking a no-fee digital experience, Starling’s account offers 3.25% interest on balances up to £5,000, fee-free spending abroad, and an intuitive app with budgeting tools. Starling also provides FSCS protection up to £85,000, making it a reliable option for both local and travel use.
2. Nationwide FlexDirect - Known for high introductory interest, FlexDirect offers 5% AER on balances up to £1,500 for the first year (then 1% after). This account also has a fee-free overdraft for the first 12 months, suitable for short-term overdraft needs.
3. Santander Edge - This account charges a £3 monthly fee but offers cashback on bills and everyday spending, plus access to a high-interest savings option at 6% on balances up to £4,000. It’s ideal for those who can benefit from regular cashback and are comfortable with a small monthly charge.
4. First Direct 1st Account- With a generous £175 switch bonus, fee-free spending abroad, and a £250 interest-free overdraft, this account is attractive for new switchers. First Direct also offers a Regular Saver account with 7% interest on up to £300 monthly deposits.
5. Chase - Chase’s UK account includes 1% cashback on spending (not on direct debits), no foreign transaction fees, and a user-friendly app. It’s an appealing choice for users looking for consistent cashback rewards.
Consider your needs, such as international spending, cashback, or high interest on in-credit balances, to select the best fit.