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Select from the filters to refine your results and find what you are looking for:

Nationwide BS Logo
Nationwide BS FlexDirect - Funded FSCS logo
FSCS logo
Overdraft Rate (EAR)
39.90%
£0.00
Interest Rate (AER)
5.00%
Account Fee
N/A
Account Management
Not Available At Branch Available By Mail Available At Post Office Not Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
5% AER credit interest on balances up to £2.5K for first 12 months
At least £1,000 must be paid in per month
Switch Service Guarantee member
Go To Provider's Site
Representative Example:Based on an overdraft limit of £500 charged at 39.90% EAR Variable. Overdraft fee of £0.00 per month.
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
Regular Funding/Income: Min £1000.00 Per Month
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
None
Introductory Account Fee
None

Facilities

Cheque Book
Direct Debits
Standing Orders
Tied/Linked Accounts
Switch Service Guarantee
Debit Card
Visa
Withdrawal Limit
£500

Credit Interest Rates

Balance
Gross Rate %
AER %
£0.01 - £2500.00
4.89%
5.00%
£2500.01+
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£1.00 / £1.00

Service Performance

The table below shows the provider's current account service performance.
The information shown covers all of their main current accounts, not just specific to this account.
Service Completed
Same day Average 99%
Open a current account* 100% 0 days 0 days
Get a debit card 0% 8 days 12 days
Get internet banking 0% 8 days 14 days
Get an overdraft 0% 3 days 6 days
Replace a lost debit card 0% 6 days 9 days
* Once all requested documents and information have been received.

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
0.00% for 12 months
N/A
Arranged Overdraft
Arranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
2.84% - Per Month
39.90%
Usage Fee
N/A
Arrangement Fee
N/A
Review Fee
N/A
Grace period
14:30 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Unarranged Overdraft
Unarranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
0.00% - Per Month
0.00%
Fee
N/A
Paid Referral Fee
N/A
Grace Period
14:30 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Monthly Maximum Charge
N/A

Benefits

Other benefits, as well as those shown, might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashback on operating account
- "Recommend a Friend" scheme, existing customers introducing a friend to a Nationwide current account will receive £100, the friend will also receive £100. New customer must use the current account switch service and transfer 2 direct debits.
Credit cards - preferential terms
- Eligible for Select Credit Card.
Loans - preferential terms
- Discounted rates on loans.
Savings - preferential terms
- Eligible for Flexclusive accounts.
Santander Logo
Santander 123 Current Account FSCS logo
FSCS logo
Overdraft Rate (EAR)
0.00%
£1.00 Per Day
Interest Rate (AER)
1.50%
Account Fee
£5.00 pm
Account Management
Available At Branch Not Available By Mail Available At Post Office Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
Interest paid on credit balances up to £20K
Arranged overdraft daily usage fee
Switch Service Guarantee member
Go To Provider's Site
Representative Example:Based on an overdraft limit of £500 charged at 0.00% EAR Variable. Overdraft fee of £1.00 per day.
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
Regular Funding/Income: Min £500.00 Per Month
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
£5.00 Per Month
Introductory Account Fee
None

Facilities

Cheque Book
Direct Debits
Standing Orders
Switch Service Guarantee
Debit Card
Visa
Withdrawal Limit
£300

Credit Interest Rates

Balance
Gross Rate %
AER %
£0.01 - £20000.00
1.49%
1.50%
£20000.01+
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00

Service Performance

The table below shows the provider's current account service performance.
The information shown covers all of their main current accounts, not just specific to this account.
Service Completed
Same day Average 99%
Open a current account* 82% 0 days 6 days
Get a debit card 0% 7 days 7 days
Get internet banking 0% 7 days 9 days
Get an overdraft 98% 0 days 5 days
Replace a lost debit card 0% 4 days 5 days
* Once all requested documents and information have been received.

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
N/A
0.00% for 4 months
Arranged Overdraft
Arranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
0.00% - Per Month
0.00%
Usage Fee
N/A
Arrangement Fee
N/A
Review Fee
N/A
Grace period
16:00 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Unarranged Overdraft
Unarranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
0.00% - Per Month
0.00%
Fee
N/A
Paid Referral Fee
N/A
Grace Period
16:00 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Monthly Maximum Charge
0.00

Benefits

Other benefits, as well as those shown, might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashback on debit card purchases
- Eligible for Retailer Offers, customers must use online or mobile banking to qualify. Earn up to 15% cashback from selected retailers when using a Santander debit card or credit card
Cashback on operating account
- Cashback of 1% on water & council tax bills and Santander mortgage payments up to maximum £1K per month, 2% on gas & electricity bills and Santander home insurance and life protection premiums paid by DD from this account, 3% on communication bills. All subject to minimum 2 DDs of household bills paid from account.
Exclusive offers with this account
- Free access to preferential rates, exclusive offers and discounts at 123 World.
Starling Bank Logo
Starling Bank Current Account - Age 18 and over FSCS logo
FSCS logo
Overdraft Rate (EAR)
15.00%
£0.00
Interest Rate (AER)
0.50%
Account Fee
N/A
Account Management
Not Available At Branch Available By Mail Available At Post Office Available By Telephone Not Available Online Available By Mobile Text Alerts Available
Additional Information
Tiered credit interest payable on balances up to £85K
Applications via app only
Switch Service Guarantee member
Go To Provider's Site
Representative Example:Based on an overdraft limit of £500 charged at 15.00% EAR Variable. Overdraft fee of £0.00 per month.
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
None
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
None
Introductory Account Fee
None

Facilities

Direct Debits
Standing Orders
Tied/Linked Accounts
Switch Service Guarantee
Debit Card
Mastercard
Withdrawal Limit
£300

Credit Interest Rates

Balance
Gross Rate %
AER %
£0.01 - £2000.00
0.50%
0.50%
£2000.01 - £85000.00
0.25%
0.25%
£85000.01+
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
£0.00 / £0.00
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
£0.00 / £0.00
Transaction Charge
£0.00 / £0.00

Service Performance

The table below shows the provider's current account service performance.
The information shown covers all of their main current accounts, not just specific to this account.
Service Completed
Same day Average 99%
Open a current account* 100% 1 day 1 day
Get a debit card 0% 3 days 5 days
Get internet banking - - -
Get an overdraft 100% 1 day 1 day
Replace a lost debit card 0% 3 days 5 days
* Once all requested documents and information have been received.

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
N/A
N/A
Arranged Overdraft
Arranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
1.17% - Per Month
15.00%
Usage Fee
N/A
Arrangement Fee
N/A
Review Fee
N/A
Grace period
12:00 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Unarranged Overdraft
Unarranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
1.17% - Per Month
15.00%
Fee
N/A
Paid Referral Fee
N/A
Grace Period
12:00 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Monthly Maximum Charge
2.00

Benefits

Some benefits might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashplus Logo
Cashplus Activeplus FSCS logo
FSCS logo
Overdraft Rate (EAR)
N/A
Interest Rate (AER)
0.00%
Account Fee
£5.95 pm
Account Management
Not Available At Branch Not Available By Mail Available At Post Office Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
No debit card transaction fees payable
£5.95 monthly account fee
£10 cancellation fee on account closure
Go To Provider's Site
Representative Example:N/A
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
None
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
£5.95 Per Month
Introductory Account Fee
None

Facilities

Direct Debits
Standing Orders
Debit Card
Mastercard
Withdrawal Limit
£500

Credit Interest Rates

Balance
Gross Rate %
AER %
£10.00 - £5000.00
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.99% / 2.99%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.99% / 2.99%
Transaction Charge
£3.00 / £3.00

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
N/A
N/A
Arranged Overdraft
Unarranged Overdraft

Benefits

Some benefits might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashplus Logo
Cashplus Deluxe FSCS logo
FSCS logo
Overdraft Rate (EAR)
N/A
Interest Rate (AER)
0.00%
Account Fee
£9.95 pm
Account Management
Not Available At Branch Not Available By Mail Available At Post Office Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
Free UK ATM withdrawals and no debit card transaction fees payable
£9.95 monthly account fee
£10 cancellation fee on account closure
Go To Provider's Site
Representative Example:N/A
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
None
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
£9.95 Per Month
Introductory Account Fee
None

Facilities

Direct Debits
Standing Orders
Debit Card
Mastercard
Withdrawal Limit
£500

Credit Interest Rates

Balance
Gross Rate %
AER %
£10.00 - £5000.00
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.99% / 2.99%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.99% / 2.99%
Transaction Charge
£3.00 / £3.00

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
N/A
N/A
Arranged Overdraft
Unarranged Overdraft

Benefits

Some benefits might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
first direct Logo
first direct 1st Account - without First Directory FSCS logo
FSCS logo
Overdraft Rate (EAR)
15.90%
£0.00
Interest Rate (AER)
0.00%
Account Fee
N/A
Account Management
Available At Branch Not Available By Mail Available At Post Office Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
No arranged overdraft fees
No interest paid on credit balances
Switch Service Guarantee member
Go To Provider's Site
Representative Example:Based on an overdraft limit of £500. Up to £250.00 charged at 0.00% EAR Variable. Over £250.00 charged at 15.90% EAR Variable. Overdraft fee of £0.00 per request.
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
None
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
None
Introductory Account Fee
None

Facilities

Account Sweeping
Cheque Book
Direct Debits
Offset Option
Standing Orders
Tied/Linked Accounts
Switch Service Guarantee
Debit Card
Visa
Withdrawal Limit
£500

Credit Interest Rates

Balance
Gross Rate %
AER %
£0.01+
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
2.00% (Min £1.75, max £5.00) / 2.00% (Min £1.75, max £5.00)

Service Performance

The table below shows the provider's current account service performance.
The information shown covers all of their main current accounts, not just specific to this account.
Service Completed
Same day Average 99%
Open a current account* 0% 7 days 38 days
Get a debit card 0% 6 days 9 days
Get internet banking 0% 6 days 7 days
Get an overdraft 99% 0 days 3 days
Replace a lost debit card 0% 3 days 6 days
* Once all requested documents and information have been received.

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
N/A
N/A
Arranged Overdraft
Arranged Overdraft Available
Min. Balance
Rate %
EAR %
£250.01
1.24% - Per Month
15.90%
£0.01
0.00% - Per Month
0.00%
Usage Fee
N/A
Arrangement Fee
N/A
Review Fee
N/A
Grace period
23:45 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Unarranged Overdraft
Unarranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
0.00% - Per Month
0.00%
Fee
N/A
Paid Referral Fee
N/A
Grace Period
23:45 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
£10.00
Monthly Maximum Charge
80.00

Benefits

Other benefits, as well as those shown, might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashback on switching account
- £50 for accounts switched using Current Account Switching Service and at least £1K credited within 3 months. Additional £100 if account closed within 12 months, minimum £1K a month must have been credited for 6 months.
first direct Logo
first direct 1st Account - with First Directory FSCS logo
FSCS logo
Overdraft Rate (EAR)
15.90%
£0.00
Interest Rate (AER)
0.00%
Account Fee
£15.00 pm
Account Management
Available At Branch Not Available By Mail Available At Post Office Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
Worldwide mobile phone insurance up to £1.5K
No interest paid on credit balances
Switch Service Guarantee member
Go To Provider's Site
Representative Example:Based on an overdraft limit of £500. Up to £250.00 charged at 0.00% EAR Variable. Over £250.00 charged at 15.90% EAR Variable. Overdraft fee of £0.00 per request.
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
None
Minimum / Maximum Age
Min 18 Years / Max Under 70 Years
Eligibility
None
Account Fee
£15.00 Per Month
Introductory Account Fee
None

Facilities

Account Sweeping
Cheque Book
Direct Debits
Offset Option
Packaged Account
Standing Orders
Tied/Linked Accounts
Switch Service Guarantee
Debit Card
Visa
Withdrawal Limit
£500

Credit Interest Rates

Balance
Gross Rate %
AER %
£0.01+
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00

Service Performance

The table below shows the provider's current account service performance.
The information shown covers all of their main current accounts, not just specific to this account.
Service Completed
Same day Average 99%
Open a current account* 0% 7 days 38 days
Get a debit card 0% 6 days 9 days
Get internet banking 0% 6 days 7 days
Get an overdraft 99% 0 days 3 days
Replace a lost debit card 0% 3 days 6 days
* Once all requested documents and information have been received.

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
N/A
N/A
Arranged Overdraft
Arranged Overdraft Available
Min. Balance
Rate %
EAR %
£250.01
1.24% - Per Month
15.90%
£0.01
0.00% - Per Month
0.00%
Usage Fee
N/A
Arrangement Fee
N/A
Review Fee
N/A
Grace period
23:45 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Unarranged Overdraft
Unarranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
0.00% - Per Month
0.00%
Fee
N/A
Paid Referral Fee
N/A
Grace Period
23:45 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
£10.00
Monthly Maximum Charge
80.00

Benefits

Other benefits, as well as those shown, might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashback on switching account
- £50 for accounts switched using Current Account Switching Service and at least £1K credited within 3 months. Additional £100 if account closed within 12 months, minimum £1K a month must have been credited for 6 months.
Mobile phone insurance
- Free worldwide cover on mobile or smartphone against loss, theft or accidental damage up to the max individual limit of £1.5K. Unauthorised calls up to £1.5K on contract phones, £150 PAYG. Max 2 successful claims per 12 months. Excess of £50.
Leisure or sporting attractions - preferential terms
- Various leisure discounts available.
Restaurants - preferential terms
- Various leisure discounts available.
Vehicle breakdown cover
- Free RAC breakdown cover including Roadside, Recovery, At Home, Onward Travel and European Motoring Assistance. Covers account holder as a driver or passenger in an eligible vehicle.
Worldwide insurance
- Free Worldwide Travel Insurance with Aviva. Covers account holder and family. Max cover age 69 years old. Available trips up to 31 days (183 days pa). Includes winter sports cover (limit 31 days pa). Includes baggage, delay and cancellation cover.
Nationwide BS Logo
Nationwide BS FlexAccount - Funded FSCS logo
FSCS logo
Overdraft Rate (EAR)
39.90%
£0.00
Interest Rate (AER)
0.00%
Account Fee
N/A
Account Management
Available At Branch Available By Mail Available At Post Office Not Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
Earn up to £500 per year through recommend a friend scheme
At least £750 must be paid in per month
Switch Service Guarantee member
Go To Provider's Site
Representative Example:Based on an overdraft limit of £500 charged at 39.90% EAR Variable. Overdraft fee of £0.00 per month.
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
Regular Funding/Income: Min £750.00 Per Month
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
None
Introductory Account Fee
None

Facilities

Cheque Book
Direct Debits
Standing Orders
Tied/Linked Accounts
Switch Service Guarantee
Debit Card
Visa
Withdrawal Limit
£500

Credit Interest Rates

Balance
Gross Rate %
AER %
£1.00+
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£1.00 / £1.00

Service Performance

The table below shows the provider's current account service performance.
The information shown covers all of their main current accounts, not just specific to this account.
Service Completed
Same day Average 99%
Open a current account* 100% 0 days 0 days
Get a debit card 0% 8 days 12 days
Get internet banking 0% 8 days 14 days
Get an overdraft 0% 3 days 6 days
Replace a lost debit card 0% 6 days 9 days
* Once all requested documents and information have been received.

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
N/A
N/A
Arranged Overdraft
Arranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
2.84% - Per Month
39.90%
Usage Fee
N/A
Arrangement Fee
N/A
Review Fee
N/A
Grace period
14:30 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Unarranged Overdraft
Unarranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
0.00% - Per Month
0.00%
Fee
N/A
Paid Referral Fee
N/A
Grace Period
14:30 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Monthly Maximum Charge
N/A

Benefits

Other benefits, as well as those shown, might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashback on operating account
- "Recommend a Friend" scheme, existing customers introducing a friend to a Nationwide current account will receive £100, the friend will also receive £100. New customer must use the current account switch service and transfer 2 direct debits.
Credit cards - preferential terms
- Eligible for Select Credit Card.
Loans - preferential terms
- Discounted rates on loans.
Savings - preferential terms
- Eligible for Flexclusive accounts.
Nationwide BS Logo
Nationwide BS FlexAccount - Non-funded FSCS logo
FSCS logo
Overdraft Rate (EAR)
39.90%
£0.00
Interest Rate (AER)
0.00%
Account Fee
N/A
Account Management
Available At Branch Available By Mail Available At Post Office Not Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
Earn up to £500 per year through recommend a friend scheme
No credit interest paid
Switch Service Guarantee member
Go To Provider's Site
Representative Example:Based on an overdraft limit of £500 charged at 39.90% EAR Variable. Overdraft fee of £0.00 per month.
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
Regular Funding/Income: Max £749.99 Per Month
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
None
Introductory Account Fee
None

Facilities

Cheque Book
Direct Debits
Standing Orders
Tied/Linked Accounts
Switch Service Guarantee
Debit Card
Visa
Withdrawal Limit
£500

Credit Interest Rates

Balance
Gross Rate %
AER %
£1.00+
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£1.00 / £1.00

Service Performance

The table below shows the provider's current account service performance.
The information shown covers all of their main current accounts, not just specific to this account.
Service Completed
Same day Average 99%
Open a current account* 100% 0 days 0 days
Get a debit card 0% 8 days 12 days
Get internet banking 0% 8 days 14 days
Get an overdraft 0% 3 days 6 days
Replace a lost debit card 0% 6 days 9 days
* Once all requested documents and information have been received.

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
N/A
N/A
Arranged Overdraft
Arranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
2.84% - Per Month
39.90%
Usage Fee
N/A
Arrangement Fee
N/A
Review Fee
N/A
Grace period
14:30 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Unarranged Overdraft
Unarranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
0.00% - Per Month
0.00%
Fee
N/A
Paid Referral Fee
N/A
Grace Period
14:30 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Monthly Maximum Charge
N/A

Benefits

Other benefits, as well as those shown, might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashback on operating account
- "Recommend a Friend" scheme, existing customers introducing a friend to a Nationwide current account will receive £100, the friend will also receive £100. New customer must use the current account switch service and transfer 2 direct debits.
Nationwide BS Logo
Nationwide BS FlexDirect - Non-funded FSCS logo
FSCS logo
Overdraft Rate (EAR)
39.90%
£0.00
Interest Rate (AER)
0.00%
Account Fee
N/A
Account Management
Not Available At Branch Available By Mail Available At Post Office Not Available By Telephone Available Online Available By Mobile Text Alerts Available
Additional Information
Earn up to £500 per year through recommend a friend scheme
No credit interest paid
Switch Service Guarantee member
Go To Provider's Site
Representative Example:Based on an overdraft limit of £500 charged at 39.90% EAR Variable. Overdraft fee of £0.00 per month.
General
Credit Interest Rates
Foreign Usage
Service Performance
Overdraft's
Benefits

General Account Details

Funding Required
Regular Funding/Income: Max £999.99 Per Month
Minimum / Maximum Age
Min 18 Years
Eligibility
None
Account Fee
None
Introductory Account Fee
None

Facilities

Cheque Book
Direct Debits
Standing Orders
Tied/Linked Accounts
Switch Service Guarantee
Debit Card
Visa
Withdrawal Limit
£500

Credit Interest Rates

Balance
Gross Rate %
AER %
£0.01+
0.00%
0.00%

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£0.00 / £0.00
Cash withdrawal in a foreign currency in Europe / Worldwide
Currency Conversion Charge
2.75% / 2.75%
Transaction Charge
£1.00 / £1.00

Service Performance

The table below shows the provider's current account service performance.
The information shown covers all of their main current accounts, not just specific to this account.
Service Completed
Same day Average 99%
Open a current account* 100% 0 days 0 days
Get a debit card 0% 8 days 12 days
Get internet banking 0% 8 days 14 days
Get an overdraft 0% 3 days 6 days
Replace a lost debit card 0% 6 days 9 days
* Once all requested documents and information have been received.

Overdrafts

Introductory Arranged Overdraft
Introductory Arranged on
Switched Current Accounts
0.00% for 12 months
N/A
Arranged Overdraft
Arranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
2.84% - Per Month
39.90%
Usage Fee
N/A
Arrangement Fee
N/A
Review Fee
N/A
Grace period
14:30 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Unarranged Overdraft
Unarranged Overdraft Available
Min. Balance
Rate %
EAR %
£0.01
0.00% - Per Month
0.00%
Fee
N/A
Paid Referral Fee
N/A
Grace Period
14:30 same day
Interest Free Overdraft Buffer
N/A
Fee Free Overdraft Buffer
N/A
Monthly Maximum Charge
N/A

Benefits

Other benefits, as well as those shown, might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
Cashback on operating account
- "Recommend a Friend" scheme, existing customers introducing a friend to a Nationwide current account will receive £100, the friend will also receive £100. New customer must use the current account switch service and transfer 2 direct debits.
Credit cards - preferential terms
- Eligible for Select Credit Card.
Loans - preferential terms
- Discounted rates on loans.
Savings - preferential terms
- Eligible for Flexclusive accounts.
Note

Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £85,000 per person per institution. Moneyfacts.co.uk Limited is an independent credit broker not a lender. We will receive a payment from credit providers where customers link to them from Moneyfacts.co.uk. None of these arrangements affects our independence.

Disclaimer

All overdrafts are subject to the applicant’s status. You may not be offered credit. All rates and fees are subject to change without notice. Please check all rates and terms before borrowing.

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Ask us anything

A guide to current accounts

Derin Clark

Derin Clark

Online Reporter

At a glance

  • There are a range of current account types offering different benefits to different people. 
  • Most accounts come with a cash card or debit card. You may also be offered a cheque book and the option to have an agreed overdraft.
  • Some current accounts come with monthly or annual fees. Make sure you know how much your bank will be charging you and when.
  • A credit check will be performed when you open a new current account so be sure that your credit score is as healthy as possible beforehand.

Types of current account

The different 'adult' account types you can choose from are:

Standard accounts

Standard accounts, which offers you all the 'standard' account features, but nothing extra. These accounts may or may not charge a monthly or annual fee.

High interest current accounts

High interest current accounts offer you a competitive interest rate on funds up to a certain balance and/or monthly cashback for keeping your account in credit. These accounts may come with monthly fees, and will likely require a certain income and number of standing orders or direct debits, but could offer you some extra cash on a monthly basis if you use them well.

Basic or guaranteed accounts

Basic or guaranteed accounts usually don't offer an overdraft so you can't get into the red. These accounts are designed for those with bad credit or no credit history. To that purpose, guaranteed bank accounts don't even require a credit check. In exchange for letting people with bad credit bank with them, they may charge certain fees, which makes them less attractive to people once they've improved their credit score.

Accounts with overdrafts

Accounts with overdrafts allow you to go into debt on your account without being charged huge interest rates or excessive (or even any) fees. Some of these accounts will however charge monthly fees, and the overdraft deal may be limited to arranged overdrafts (where the provider has agreed that you can go into debt on your account up to a certain limit).

Free bank accounts

Free bank accounts won't charge you a monthly fee (though they'll likely still come with fees for overdrafts, etc.). They may offer in-credit interest, overdraft deals or other enticements, and may have funding requirements.

Packaged accounts

Packaged accounts offer deals on (or free) insurance and such. You will likely have to pay an account fee, but this should ideally be less than what you would pay to get travel or mobile insurance separately, for instance; always do a few calculations and comparisons first to make sure. There are not that many packaged accounts nowadays and you'll be able to find some of these deals by selecting these on the features tool. Don't get too tempted by attractive deals, however. If you don't own a car, complementary breakdown cover will only go to waste.

Student accounts

Designed to meeting the financial needs of students, student bank accounts tend to offer the same features as standard bank accounts alongside interest-free overdrafts and student incentives such as discounted rail travel. 

How many current accounts can you have?

You can open multiple current accounts with a number of different banks. Different banks offer different levels of interest and features for their bank accounts.

See our top rated bank accounts. 

 

 

Should I get a savings account or a current account?

A savings and current account are by no means mutually exclusive. In fact, it's probably a good idea to have both. You may even require a current account to be able to open some loyalty-based savings accounts.

An easy access savings account can complement your bank account perfectly, as it allows you to put your money aside while getting a hopefully competitive rate of interest, and you'd still be able to access the funds should you need them. For better rates, you'd need to put your funds aside for longer, in a fixed rate bond for instance, or keep adding money every month to a regular savings account.

If you really only want one account, some high interest current accounts could be used as a form of savings account, but given their restrictions they’d only be suitable for smaller savings pots. Remember that there's nothing stopping you from getting a combination of account types.

Can I get a free current account?

Yes, there are free current accounts available. Just select 'Free in the relevant search box and all current accounts that come without monthly or annual fees will be selected. These accounts will still charge fees for overdrafts and for some other types of transactions.

What happens if I go over my agreed overdraft limit?

The column 'Overdraft Rate' will show you the fee and/or rate that you are charged if you go into an arranged overdraft. If you exceed your arranged overdraft limit, unarranged overdraft charges will apply, which can be a lot more expensive.

You can find the unarranged overdraft charges for each account by clicking on 'Further Details'. Your overdraft limit will be determined by your credit history – your provider may change it depending on whether and how you use it.

How can I avoid unarranged overdraft costs?

Unarranged overdrafts, which occur when you exceed your arranged overdraft, or go into the red without an agreed overdraft in place, can be avoided in several ways. You could try to make sure that you never get close to zero on your current account; banks are now required to warn you if you're approaching an unarranged overdraft, giving you time to credit your account. Or, you could get an account with overdraft facilities so it doesn't cost anything, or as much, to go overdrawn up to a certain amount, and make sure to never exceed that agreed limit.

Choosing a current account

Now that you've got some idea of what current accounts there are to choose from, you'll have to determine which is the best current account for you. This will of course depend on your personal circumstances. If you're often overdrawn, you'll likely be drawn to an account with overdraft facilities. If you never go overdrawn, on the other hand, you might want to take advantage of a high interest current account instead.

If you're looking for the best current account that gives you something back, a switching incentive might lure you in with an offer of up to £100, or sometimes even more, straight away. However, a little bit extra every month might work out as more lucrative over the long run, so you may want to consider a cashback or interest-paying current account instead. Regardless, remember that a lot of incentives will require you to close your old account, so you can't just open an extra account for a cash offer.

Whatever you are after, make sure to compare current accounts on all their features, not just their benefits, otherwise you might find that a cashback offer is undone by a high account or overdraft fee. Once you've made your choice, it's easy to switch bank accounts, especially thanks to the Current Account Switch Service and its accompanying guarantee. Read our current account switching guide to find out which providers offer it – you'll find that almost all do nowadays.

Note that a lot of banks now offer smartphone apps that let you do your banking on your phone. Some banks are even smartphone-exclusive, so you won't be able to access your account any other way. Look at the account management options before you decide on an account – it may have all the features you're looking for, but if you can't use it in the way that you like, you will likely end up regretting your choice.

How to open a bank account

Once you've picked the best bank account for you and you're happy you can open and manage it the way that you like, all you need is a valid ID and proof of address to open a new account or switch over. If you're applying online (by clicking through from our table, for instance), the provider should talk you through exactly what you need to do, including if you want to close an old account when you switch.

There are a few things to watch out for when opening an account. First, be aware that when you apply the provider will run a credit check. To maximise the chances of your application being accepted, you'll want to know what your credit score is and, if necessary, improve it.

Second, make sure that you are actually eligible. This means seeing whether you're the right age (usually 18+), in the right country (some deals may not be available in Northern Ireland or Scotland, for instance) and have the right income. For some accounts, you will need to make minimum pay-ins every month, which is usually covered by a minimum income requirement. If you apply for an account without checking these things first, your application may be rejected and your credit rating will be negatively impacted as a result.

You should not need to set up or switch any direct debits or standing orders which were on your old account, provided your new bank is part of the Current Account Switch Service. Under this scheme, your regular payments should get moved over automatically, and in the unlikely event that one does get lost, the switch guarantee means you shouldn’t have to pay the price.

The switch service does not take into account how many direct debits and standing orders you have, however, so if your new account requires a certain minimum amount, you'll have to ensure that you have sufficient automated payments in place yourself. Likewise, if certain account rewards rely on you getting paperless statements, you will likely have to turn these off yourself as well, or risk missing out.

So, there are a few things to look out for when opening a new account or switching your current account. The process itself should be fairly easy, and can be very lucrative if you find the right account for you.

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