Our Top Current Account

Nationwide Building Society
- FlexDirect -

  • 5% AER paid monthly
  • Fee-free overdraft for 12 months
  • No monthly account fee

Compare
Current Accounts

Choose from a range of great current accounts using our free and impartial comparison service

Compare the best Current Accounts

Nationwide Building Society

monthly
Interest Payment

5%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

TSB

monthly
Interest Payment

5%
Gross Rate

19.94%
Rate EAR (variable)

£0
Overdraft Limit

Lloyds Bank

monthly
Interest Payment

4%
Gross Rate

19.89%
Rate EAR (variable)

£100
Overdraft Limit

Lloyds Bank

monthly
Interest Payment

4%
Gross Rate

19.89%
Rate EAR (variable)

£100
Overdraft Limit

Lloyds Bank

monthly
Interest Payment

4%
Gross Rate

19.89%
Rate EAR (variable)

£300
Overdraft Limit

Lloyds Private Banking

monthly
Interest Payment

4%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Lloyds Private Banking

monthly
Interest Payment

4%
Gross Rate

9.9%
Rate EAR (variable)

£0
Overdraft Limit

Lloyds Private Banking

monthly
Interest Payment

4%
Gross Rate

10.96%
Rate EAR (variable)

£600
Overdraft Limit

Nationwide Building Society

monthly
Interest Payment

3%
Gross Rate

0%
Rate EAR (variable)

£100
Overdraft Limit

Bank of Scotland

monthly
Interest Payment

3%
Gross Rate

19.89%
Rate EAR (variable)

£300
Overdraft Limit

Bank of Scotland

monthly
Interest Payment

3%
Gross Rate

19.89%
Rate EAR (variable)

£50
Overdraft Limit

Bank of Scotland

monthly
Interest Payment

3%
Gross Rate

19.89%
Rate EAR (variable)

£25
Overdraft Limit

Tesco Bank

monthly
Interest Payment

3%
Gross Rate

18.9%
Rate EAR (variable)

£0
Overdraft Limit

Santander

monthly
Interest Payment

3%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

TSB

quarterly
Interest Payment

2.5%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Halifax

monthly
Interest Payment

1.51%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Bank of Scotland

quarterly
Interest Payment

1.5%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Santander

monthly
Interest Payment

1.5%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Nationwide Building Society

monthly
Interest Payment

1%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Investec Bank

monthly
Interest Payment

1%
Gross Rate

3.91%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

quarterly
Interest Payment

0.75%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

NatWest

monthly
Interest Payment

0.5%
Gross Rate

14.89%
Rate EAR (variable)

£500
Overdraft Limit

Royal Bank of Scotland

monthly
Interest Payment

0.5%
Gross Rate

14.89%
Rate EAR (variable)

£500
Overdraft Limit

Royal Bank of Scotland

monthly
Interest Payment

0.5%
Gross Rate

14.89%
Rate EAR (variable)

£500
Overdraft Limit

Clydesdale Bank

monthly
Interest Payment

0.25%
Gross Rate

12.5%
Rate EAR (variable)

£0
Overdraft Limit

Yorkshire Bank

monthly
Interest Payment

0.25%
Gross Rate

12.5%
Rate EAR (variable)

£0
Overdraft Limit

Investec Bank

monthly
Interest Payment

0.25%
Gross Rate

7.04%
Rate EAR (variable)

£0
Overdraft Limit

Cater Allen

monthly
Interest Payment

0.25%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Clydesdale Bank

monthly
Interest Payment

0.1%
Gross Rate

10.75%
Rate EAR (variable)

£0
Overdraft Limit

Yorkshire Bank

monthly
Interest Payment

0.1%
Gross Rate

10.75%
Rate EAR (variable)

£0
Overdraft Limit

Cumberland

annually
Interest Payment

0.1%
Gross Rate

9.99%
Rate EAR (variable)

£0
Overdraft Limit

Halifax

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

HSBC

na
Interest Payment

0%
Gross Rate

19.9%
Rate EAR (variable)

£0
Overdraft Limit

NatWest

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

NatWest

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

M&S Bank

na
Interest Payment

0%
Gross Rate

15.9%
Rate EAR (variable)

£100
Overdraft Limit

NatWest

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£250
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Clydesdale Bank

na
Interest Payment

0%
Gross Rate

18.85%
Rate EAR (variable)

£0
Overdraft Limit

Yorkshire Bank

na
Interest Payment

0%
Gross Rate

18.85%
Rate EAR (variable)

£0
Overdraft Limit

Royal Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£250
Overdraft Limit

Nationwide Building Society

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Lloyds Private Banking

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

M&S Bank

na
Interest Payment

0%
Gross Rate

15.9%
Rate EAR (variable)

£100
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Ulster Bank

na
Interest Payment

0%
Gross Rate

15.94%
Rate EAR (variable)

£500
Overdraft Limit

Ulster Bank

na
Interest Payment

0%
Gross Rate

12.67%
Rate EAR (variable)

£1000
Overdraft Limit

United Bank UK

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£200
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£1000
Overdraft Limit

Bank of Scotland Private Banking

na
Interest Payment

0%
Gross Rate

10.96%
Rate EAR (variable)

£600
Overdraft Limit

Bank of Cyprus

quarterly
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Santander

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Royal Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

Royal Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

Barclays

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Nationwide Building Society

na
Interest Payment

0%
Gross Rate

18.9%
Rate EAR (variable)

£0
Overdraft Limit

Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£300
Overdraft Limit

Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£25
Overdraft Limit

Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£50
Overdraft Limit

TSB

na
Interest Payment

0%
Gross Rate

19.94%
Rate EAR (variable)

£25
Overdraft Limit

TSB

na
Interest Payment

0%
Gross Rate

17.28%
Rate EAR (variable)

£300
Overdraft Limit

Santander

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Royal Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.24%
Rate EAR (variable)

£250
Overdraft Limit

Royal Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

NatWest

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

Royal Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

NatWest

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

Royal Bank of Scotland

na
Interest Payment

0%
Gross Rate

19.89%
Rate EAR (variable)

£10
Overdraft Limit

TSB

na
Interest Payment

0%
Gross Rate

19.94%
Rate EAR (variable)

£25
Overdraft Limit

M&S Bank

na
Interest Payment

0%
Gross Rate

15.9%
Rate EAR (variable)

£100
Overdraft Limit

M&S Bank

na
Interest Payment

0%
Gross Rate

15.9%
Rate EAR (variable)

£100
Overdraft Limit

The Co-operative Bank

na
Interest Payment

0%
Gross Rate

18.9%
Rate EAR (variable)

£0
Overdraft Limit

HSBC

na
Interest Payment

0%
Gross Rate

17.9%
Rate EAR (variable)

£0
Overdraft Limit

Danske Bank

na
Interest Payment

0%
Gross Rate

18.09%
Rate EAR (variable)

£100
Overdraft Limit

Santander

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

TSB

na
Interest Payment

0%
Gross Rate

19.94%
Rate EAR (variable)

£50
Overdraft Limit

Ulster Bank

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Citibank

na
Interest Payment

0%
Gross Rate

16.9%
Rate EAR (variable)

£500
Overdraft Limit

Cumberland

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Cumberland

na
Interest Payment

0%
Gross Rate

0%
Rate EAR (variable)

£0
Overdraft Limit

Citibank

na
Interest Payment

0%
Gross Rate

9.9%
Rate EAR (variable)

£500
Overdraft Limit

Current Accounts

What are Current Accounts

A current account is a flexible, transactional account offering easy access to your money as well as easy methods of payment and transferring money to others (by direct debit or standing order).

A current account is the basic form of bank account in the UK for both business and personal banking. Generally, current accounts come with cheque books and the opportunity to take out an overdraft or an offset mortgage.

Helping You Find the Best Current Account

Here at Money Expert we promise to find you the best bank account possible to help you look after your money

The most basic things to look for when searching for the right current account for you are things like the interest rates and the lending service offered. If the current account offers a lending service this will usually be in the form of an overdraft (generally with increased interest rates).

As well as the more basic aspects of the account, banks will often offer other perks and benefits with their best current accounts, such as free travel cards or cheap insurance.

Switching Current Accounts Made Easy

Thanks to our simple current account comparison service, comparing current accounts with Money Expert is both quick and free and we'll find you the best accounts available for you. Once you've chosen an account which suits your needs, you new provider will make switching arrangements on your behalf

The Current Account Switching Service, launched back in 2013, which covers more than 99% of the UK's current accounts, guarantees you a hassle free switch, including ensuring that all direct debits and standing orders get moved over to your new account without any problems.

FAQ

  • How much interest can I earn?

    Rates can vary drastically with different accounts. Often, if your chosen account comes with extra perks, these will come at the expense of better rates. If maximising the interest you earn is important to you, then make that clear when you run a comparison and we can make sure we show you the right accounts.

  • Will I have to pay for my current account?

    There are plenty of fee-free current accounts available, but these will be the more basic accounts with few perks other than an optional overdraft. There is an increasing number of current accounts that do charge fees in return for various extras from free insurance policies to cash back, which can often be worth the extra money each month.
    You will need to pay a fee if you go overdrawn without previously arranging an overdraft and these fees will vary from bank to bank. You'll also usually be charged if you use your card abroad and again, different banks will have different policies regarding exactly who much you'll have to pay.

  • What is a basic bank account?

    Basic bank accounts are restricted current accounts designed specifically for those with bad credit ratings who have trouble opening up certain better current accounts.
    Basic bank accounts come with far fewer features than conventional current accounts, indeed you will find that many won’t come with debit cards but rather will come with just a cash card that you can use to withdraw money from an ATM, but that you won’t be able to use in store.

  • Can I open a current account with my partner or friend?

    Yes, you can open up a joint current account with a partner or friend, or multiple friends. Joint accounts are great for married couples to share finances, or for groups of friends living together to have one account to deal with group expenses such as utility bills or television license fees.

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