Free Bank Accounts

  - Compare the best free bank accounts as chosen by our team of independent experts.

Find the Best Free Bank Account for you

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Overdraft Rate (EAR)Interest Rate (AER)Additional InformationSearch all
149 accounts

Reward Current Account - Funded
0.00%
Fee: £1.00 Per Day
0.00%
  • £100 cashback for switched accounts
  • Authorised overdraft fee up to £3 per day
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 0.00% EAR Variable. Overdraft fee of £1.00 Per Day.

FlexDirect - Funded
0.00%
Fee: £0.50 Per Day
5.00%
  • Existing customers who refer a friend both receive £100 when switching completed
  • At least £1,000 must be paid in each month
  • Switch Service Guarantee member
Details...
Go to Site
. Representative Example: Based on an overdraft limit of £500 charged at 0.00% EAR Variable. Up to £10.00 Overdraft fee of £0.00 Per Day. Over £10.00 Overdraft fee of £0.50 Per Day.

Classic Plus
19.94%
Fee: £6.00 Per Month
5.00%
  • Low funding requirement of £500 per month
  • Credit interest payable on balances up to £2K when account is registered for online banking, paperless statements & correspondence
  • Switch Service Guarantee member
Details...
Go to Site
. Representative Example: Based on an overdraft limit of £500. Up to £25.00 charged at 0.00% EAR Variable. Over £25.00 charged at 19.94% EAR Variable. Up to £25.00 Overdraft fee of £0.00 Per Month. Over £25.00 Overdraft fee of £6.00 Per Month.

Current Account Direct
9.90%
Fee: £6.00 Per Month
2.00%
  • £150 cashback for switched accounts
  • Must pay in at least £1,000 each month
  • Switch Service Guarantee member
Details...
Go to Site
. Representative Example: Based on an overdraft limit of £500 charged at 9.90% EAR Variable. Overdraft fee of £6.00 Per Month.

Current Account Direct
9.90%
Fee: £6.00 Per Month
2.00%
  • £150 cashback for switched accounts
  • Must pay in at least £1,000 each month
  • Switch Service Guarantee member
Details...
Go to Site
. Representative Example: Based on an overdraft limit of £500 charged at 9.90% EAR Variable. Overdraft fee of £6.00 Per Month.

Classic - with Vantage
19.94%
Fee: £6.00 Per Month
2.00%
  • Commission free travel money
  • High overdraft interest rate
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500. Up to £25.00 charged at 0.00% EAR Variable. Over £25.00 charged at 19.94% EAR Variable. Up to £25.00 Overdraft fee of £0.00 Per Month. Over £25.00 Overdraft fee of £6.00 Per Month.

Coventry First
0.00%
Fee: £5.00 Per Month
1.10%
  • Open and manage via web, phone or post
  • £1,000 minimum funding required per month
  • Overdrafts up to £1000 charged at £5 pm
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 0.00% EAR Variable. Overdraft fee of £5.00 Per Month.

Standard Account
14.90%
Fee: £0.00
0.00%
  • No funding requirement. No overdraft fees
  • No credit interest and no account benefits
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 14.90% EAR Variable. Overdraft fee of £0.00 Per Month.

M&S Current Account
15.90%
Fee: £0.00
0.00%
  • Low authorised overdraft interest rate
  • No interest paid on credit balances
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500. Up to £100.00 charged at 0.00% EAR Variable. Over £100.00 charged at 15.90% EAR Variable. Overdraft fee of £0.00 Per Month.

Current Account Plus
18.90%
Fee: £0.00
0.00%
  • £100 cashback when switching
  • Minimum £800 monthly funding
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500 charged at 18.90% EAR Variable. Overdraft fee of £0.00 Per Month.
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Last Updated: Thursday 30 July 2015 08:31

Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to apply online today. Products shown with a yellow background are sponsored products.

Disclaimer:
All information is subject to change without notice. Please check all terms before committing yourself.

Moneyfacts.co.uk Limited is an independent credit broker. We will receive a payment from credit providers where customers link to them from Moneyfacts.co.uk. None of these arrangements affects our independence.

 

Free Bank Accounts

Some bank accounts will charge a monthly or annual fee. Free bank accounts do not carry these charges but may pay a lower rate of interest as a result.

Most free bank accounts can be accessed in a number of ways, such as through a bank branch, via online banking or telephone banking.

 
 
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