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Compare current accounts

Our team of independent experts have selected six Best Buy current accounts, great for those who always have a credit balance in their account.
CompanyAccount% GrossFunding Required
Halifax

Reward Current Account Funded		Reward Current Account FundedFunding of £1K pm required. £6.25 gross, paid £5 net paid for each month where £1K pm funding requirement is met, whether account is in credit or overdrawn.
Proceed
Lloyds TSB
Classic with Vantage		Classic with Vantage1.98%Funding of £1K pm required.
Coventry BS
Coventry First		Coventry First1.09%Funding of £1K pm required.
Santander

123 Current Account		123 Current Account1.00%Funding of £500 pm required. 1% cashback on water & council tax bill, 2% on on gas & electricity bills, 3% on communication bills. All subject to minimum 2 direct debits paid from account.
Proceed
Smile
Current		Current0.12%
Northern Rock
Current Account		Current Account0.10%
Disclaimer:
All rates subject to change without notice. Please check all rates and terms before investing or borrowing.
 

What is a current account?

A current account is a bank account which allows you to access a range of banking services. Salary, pension or other benefits can be paid in and bills can be paid by standing order or direct debit.

A current account will typically give you a cash/debit card, a cheque book and may allow you to have an overdraft facility.

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

Visit our bank accounts with benefits section to find 'packaged' current accounts offering a bundle of extra benefits.