Compare Best Buy Bank Accounts

• Basic Bank Accounts are the simplest form of bank account, aimed at those who have no or little credit history or have had a bad credit rating 


• Packaged accounts with added benefits, such as travel insurance, car breakdown cover or mobile phone cover
  


• Bank accounts with overdrafts are bank accounts with an authorised overdraft facility should you need it


• Current accounts are the UK’s most common form of bank account. Our wages go into them, our payments go out.
  

It’s tempting to simply turn a blind eye and let the workhorse of our day-to-day finances get on with things. But how much thought have you given to your account? Do you have the bank account most suitable for your needs?

How to switch bank accounts

• Your new provider will usually offer a free bank account transfer service and will help you transfer all your Direct Debits and Standing Orders.


• The only thing you need to do is to let your employer know your new bank details (or any party that pays money into your account, like your pension provider).


• It’s also wise to keep your old bank account open for a couple of months following the change over, just in case something goes wrong and to ensure your payments go in and out as you expect them to.

Find out how to choose the best bank account by reading our guides to help you open and manage your bank account.