High Interest Bank Accounts

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

Compare the Best High Interest Accounts

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Interest Rate (AER)Account FeeAdditional InformationSearch all
153 accounts


Reward Current Account - Funded
0.00%None
  • £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.

Classic Plus
5.00%None
  • 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...
Proceed
. 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.

FlexDirect - Funded
5.00%None
  • Benefits on other Nationwide accounts
  • At least £1,000 must be paid in each month
  • Switch Service Guarantee member
Details...
Proceed
. 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.


Current Account
3.00%£5.00 pm
  • Credit interest paid and Clubcard points awarded on card purchases
  • £5 monthly charge unless £750 pm paid in
  • 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.


Classic - with Vantage
2.00%None
  • 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.

Current Account Direct
2.00%None
  • £150 cashback for switched accounts
  • Must pay in at least £1,000 each month
  • Switch Service Guarantee member
Details...
Proceed
. 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
2.00%None
  • £150 cashback for switched accounts
  • Must pay in at least £1,000 each month
  • Switch Service Guarantee member
Details...
Proceed
. Representative Example: Based on an overdraft limit of £500 charged at 9.90% EAR Variable. Overdraft fee of £6.00 Per Month.


Silver - with Vantage
2.00%£9.95 pm
  • Tiered credit interest rate up to £5,000
  • Fees charged for using debit card abroad
  • Switch Service Guarantee member
Details...
. Representative Example: Based on an overdraft limit of £500. Up to £50.00 charged at 0.00% EAR Variable. Over £50.00 charged at 19.94% EAR Variable. Up to £50.00 Overdraft fee of £0.00 Per Month. Over £50.00 Overdraft fee of £6.00 Per Month.


Coventry First
1.10%None
  • 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.

123 Current Account
1.00%£2.00 pm
  • High interest on credit balances £3K to £20K
  • Overdraft usage fee £1 per day with no cap
  • Switch Service Guarantee member
Details...
Proceed
. Representative Example: Based on an overdraft limit of £500 charged at 0.00% EAR Variable. Overdraft fee of £1.00 Per Day.
Compare
Last Updated: Friday 28 November 2014 17:29

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.

 

High Interest Bank Accounts

Some bank accounts offer a high rate of interest, but this may only be available on high balances. The account may also require a certain amount of money to be paid in each month to obtain the higher rate.

Most high interest 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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