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Find Six of the Best 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		Reward Current Account0.00%£5.00 paid for each month where £1K pm funding requirement is met, whether account is in credit or overdrawn.
Santander

Preferred Current A/c		Preferred Current A/c4.89%Funding of £1K pm req. Int payable for first 12 mths up to £2.5K. Zero % paid on portion of bal over £2.5K. Underfunding fee of £2 pm applies if £1K not paid in. Introductory rate for limited period.
Proceed
Lloyds TSB
Classic with Vantage		Classic with Vantage1.50%Funding of £1K per month required. Zero % paid on portion of balance over £5K.
Coventry BS
First		First1.09%Funding of £1K per month required. Introductory variable rate for limited period.
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 card and a debit card (which will probably be combined), a cheque book and guarantee card 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.