What are the best personal current accounts? | moneyfacts.co.uk

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Michelle Monck

Michelle Monck

Consumer Finance Expert
Published: 08/09/2021

At a glance

  • We review all the current accounts available and assign them a star rating based on a number of factors
  • Those products rated the highest have a five-star rating reflecting their product features and benefits
  • We split current accounts into five categories: standard current accounts, packaged current accounts, premium current accounts, student accounts, graduate accounts and youth accounts
  • The results on this page only show the top performing (four and five star) products

How do we decide which personal current accounts should get top marks?

Every year, Moneyfacts reviews the current accounts available and rates these based on their product features and the benefits they bring to consumers. This includes how easy it is for consumers to open and use the accounts, the availability of credit interest and any penalties charged. The Moneyfacts analysts also review the value of introductory offers, incentives and additional products such as travel insurance, vehicle breakdown and retail discounts. The ones that come out best receive our top score of five stars.

How can I find the right personal current account for me?

Moneyfacts.co.uk lists all the personal bank accounts available. You can read our banking guides to find out more about how these accounts work.

Standard Current Accounts – Five Star

Moneyfacts best buy personal current accounts 2022 logo

For 2022, the following accounts received the top rating of five stars. These accounts have the strongest range of features of all current accounts currently in the market.

 

  • Bank of Scotland - Classic
  • Bank of Scotland - Classic with Vantage
  • Barclays Bank - Bank Account
  • first direct - 1st Account
  • Halifax - Current Account
  • Halifax - Reward Current Account
  • HSBC - Advance
  • Lloyds Bank - Classic
  • Lloyds Bank - Club Lloyds
  • Nationwide BS - FlexAccount
  • Nationwide BS - FlexDirect
  • NatWest - Select Account
  • Royal Bank of Scotland - Select Account
  • Santander - 123 Current Account
  • Santander - 123 Lite Current Account
  • Santander - Everyday Current Account
  • Santander - Select Current Account
  • Starling Bank - Current Account
  • The Co-operative Bank - Current Account with Everyday Rewards
  • TSB - Spend & Save
  • TSB - Spend & Save Plus
  • Ulster Bank - Select Current Account
  • Virgin Money - M Plus Account

Standard Current Accounts – Four Star

  • AIB - Classic Account
  • Allied Irish Bank (GB) - Current Account
  • Bank of Ireland UK - Clear Account
  • Cumberland BS - Cumberland Plus
  • Danske Bank - Danske Choice
  • HSBC - Bank Account
  • Metro Bank - Current Account
  • Santander - Choice Current Account
  • smile - Current

Packaged Current Accounts – Five Star

  • Bank of Scotland - Platinum
  • Bank of Scotland - Platinum with Vantage
  • Halifax - Ultimate Reward Current Account
  • Lloyds Bank - Platinum
  • Lloyds Bank - Platinum with Club Lloyds
  • Nationwide BS - FlexPlus
  • Virgin Money - Club M Account

Packaged Current Accounts – Four Star

  • Citibank UK Limited - Citigold Current
  • Danske Bank - Danske Freedom
  • The Co-operative Bank - Everyday Extra with Everyday Rewards

Premium Current Accounts - Five Star

  • Barclays Bank - Premier Current Account with Travel Pack
  • Barclays Bank - Premier Current Account with Travel Plus Pack
  • Clydesdale Bank - Private Current Account
  • Yorkshire Bank - Private Current Account
  • Investec Bank plc – Voyage

Premium Current Accounts – Four Star

  • Barclays Bank - Premier Current Account
  • Barclays Bank - Premier Current Account with Breakdown Cover Pack
  • Clydesdale Bank - Current Account Tracker
  • Yorkshire Bank - Current Account Tracker

Student Current Accounts – Five Star

  • Bank of Ireland UK - Student Current Account
  • Barclays Bank - Student Additions
  • HSBC - Student Bank Account
  • Nationwide BS - FlexStudent
  • NatWest - Student
  • Royal Bank of Scotland - Student
  • Santander - 123 Student Current Account

Student Current Accounts – Four Star

  • AIB - Student+ Account
  • Bank of Scotland - Student Account
  • Halifax - Student
  • Lloyds Bank - Student
  • The Co-operative Bank - Student Account
  • Ulster Bank - Student Account

 

Graduate Current Accounts – Five Star

  • Bank of Ireland UK - Graduate Current Account
  • Nationwide BS - FlexGraduate
  • NatWest - Graduate
  • Royal Bank of Scotland - Graduate
  • Santander - 123 Graduate Account

Graduate Current Accounts – Four Star

  • AIB - Graduate Account
  • Bank of Scotland - Graduate Account
  • Barclays Bank - Higher Education Account
  • HSBC - Graduate Bank Account
  • Lloyds Bank - Graduate

Youth Current Accounts – Five Star

  • Bank of Ireland UK - Student
  • Danske Bank - Danske Discovery
  • Nationwide BS - FlexOne
  • Santander - 123 Mini Current Account
  • TSB - Under 19s Account

Youth Current Accounts – Four Star

  • Bank of Scotland - Under 19s Account
  • Barclays Bank - Young Persons Account
  • Halifax - Expresscash
  • Lloyds Bank - Under 19s Account
  • NatWest - Adapt Current Account

Considering opening a current account?

See our full chart of current accounts.

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Disclaimer: This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

At a glance

  • We review all the current accounts available and assign them a star rating based on a number of factors
  • Those products rated the highest have a five-star rating reflecting their product features and benefits
  • We split current accounts into five categories: standard current accounts, packaged current accounts, premium current accounts, student accounts, graduate accounts and youth accounts
  • The results on this page only show the top performing (four and five star) products

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