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Current accounts

Compare current accounts with Confused.com

Confused.com offers a free and independent service so you can quickly and easily compare different types of savings accounts, from simple instant access accounts to tax free ISAs and fixed rate bonds.

Find current account offers from top providers

We list accounts from a variety of leading savings providers including first direct, Santander, The Co-op, Nationwide, NatWest, RBS, Lloyds TSB and Halifax.

Best selling current account comparison

Confused.com's best seller accounts


  • Credit rate (AER)
    Based on £1
  • Overdraft rate
    Based on £1
  • Usage
    fee

High interest current account comparison

Confused.com's high interest accounts


  • Credit rate (AER)
    Based on £1
  • Overdraft rate
    Based on £1
  • Usage
    fee

Overdraft current account comparison

Confused.com's top overdraft accounts


  • Credit rate (AER)
    Based on £1
  • Overdraft rate
    Based on £1
  • Usage
    fee
 

† Denotes a tiered rate.

ABOUT THIS SERVICE

To help you compare and find the right product for your requirements, Confused has selected lovemoney.com financial services to provide you with this service. If you would like more information about lovemoney.com financial services, or how your data will be used, please click on the links below.

lovemoney.com financial services and Confused will not charge you a fee for using this service, but you should check with your chosen provider if they will charge a fee for giving you credit.

The table shows a range of products from the market. We work with the majority of Financial Service Providers to show the best deals.

The Bestsellers table is ranked in a formula that combines Likelihood of acceptance (Highest first), and Credit rate (highest first).

The other tables are ranking using a formula that combines Likelihood of acceptance (Highest first), and the key aspect of the table, eg for the Overdraft accounts Table its Overdraft rate (lowest first).

lovemoney.com financial services and Confused receive commission from your chosen Provider when you choose a product from the table.

lovemoney.com financial services limited, 2nd Floor 112 – 116 Old Street, London EC1V 9BG. lovemoney.com financial services is a registered company in England & Wales. Company Reg No: 6500894. VAT Reg No: 945. 6954 72.

lovemoney.com financial services is authorised and regulated by the Financial Conduct Authority – FRN 479153

We suggest you read lovemoney.com financial services privacy policy and complaints policy.


Got a question about current accounts?

  • What does AER interest rate mean?
    Annual Equivalent Rate: this is shown as a percentage and tells you the rate of interest you will earn over the period of one year. If your interest is paid monthly then the AER may be slightly higher than the gross rate.
  • Can I have more than one account?
    Yes you can open a number of accounts with various providers. Make sure you read any terms and conditions of the account you are applying for clearly as some providers may require that you pay a minimum amount into the account every month, once you’ve opened it.
  • What account features should I be looking for?
    This all depends on how you use your current account. If you regularly go into your overdraft you should consider looking for an interest free overdraft buffer and low overdraft rate. If you are always in credit in your current account, you should look for an account that pays a high AER amount on your credit balance.

Understanding current accounts

Help & Tips

Why should I switch my account?

People often don’t think about changing their current account, but by shopping around, just as you would for a credit card or car insurance, you could get a much better deal. Are you finding you pay a lot in overdraft fees, or do you have a balance just sitting there and not earning any interest? Loyalty often doesn’t pay!

How do I switch my account?

People often think that switching their current account will be difficult and time-consuming, but actually this isn’t the case. When you’ve chosen the account you want, apply for the account and tell your new provider you want to switch accounts from your old bank– this can all be done online through Confused.com. You’ll need to provide proof of identity and address before the new account can be opened. Most providers operate a ‘switching service’, where you provide the details of your old account and they’ll do the rest, including switching your direct debits. Then, once you’ve received your new account details, all you need to do is redirect any payments to your new account- from your employer, for example, and don’t forget any regular payments from any cards linked to the account. Your new bank will send by post everything you’ll need to manage your account.

How do I know what kind of account I need?

This really depends on how you manage your money and you should think carefully before making your selection.

What do I do if it all goes wrong?

Switching accounts should be straightforward, but if you need to make a complaint about a financial service provider, your first step is to contact the institution directly to give them a chance to resolve it. They should provide you with a copy of their complaints procedure, which will also set out deadlines for them to respond to your complaint. After going through their complaints procedure, if you’re still not happy with their final response you can ask to take your case to the Financial Services Ombudsman.

How can I manage my account?

Most banks now allow you to manage your account online. Many also offer telephone banking, and, depending on the account you choose, some banks have branches all over the country.