Market leading
This is the best rate for balances up to £2,500
Product review
Unusually for a current account, this account pays interest when you are in credit, and there is no monthly fee.
Is this account right for you?
To open this account
- You must be aged 18 or over to apply
- You or any other person you are applying with cannot currently be bankrupt or be in an Individual Voluntary Agreement (an IVA) with creditors
- You must be a UK resident
Account features
- Mobile App
- Online Banking
- Online Fraud
- Switching Service
- Overdraft Facility
- Text Alerts
- Direct Debits
- Standing Orders
Account benefits
- Linked Products
- Loyalty Rewards
Exclusive deals for main current account holders.
Considerations
- Great for
- In credit interest of 5% AER on balances from £1 to £2,500. Conditions apply
- Dedicated switching service to personally manage your account opening
- No monthly fee applies
- But be aware that
- Minimum monthly funding of £1,000
- After 12 months the interest rate lowers to 1% AER
Interest rates
| Balance | Introductory Rate | Follow on rate | Gross AER* |
|---|---|---|---|
| £1 - £2500 | 5.00% | 1.00% | 5.00% |
| £2501 - no limit | 0.00% | 0.00% | 0.00% |
- Any interest you earn will be tax-free up to your annual personal savings allowance.
- Interest will be paid Monthly.
- The Introductory rate is valid for 12 months.
Overdraft Rates and Charges
| Overdraft Amount | Fee | Notes |
|---|---|---|
| £0.00 - £99,999.00 | £0.50 / Daily |
- There are no fees on arranged overdrafts for the first 12 months (overdrafts are subject to approval)
| Other Overdraft Charges | Fee/Rate | Notes |
|---|---|---|
| Unplanned Monthly Overdraft Charge | £5.00 / Daily | Charged for unarranged balances over £10 capped at £60 per month. For unarranged balances under £10 you will be charged 50p per day |
Other Fees
| Fee | Notes | |
|---|---|---|
| Foreign ATM Charge | £1.00 / per item | You will also be charged a non Sterling transaction fee of 2% |
| Foreign Purchase Fee | 2.00% / per item | |
| Paid Item Charge | £5.00 / per item | Paid and unpaid charges are capped at £35 per month |
| Returned Item Charge | £5.00 / per item | Paid and unpaid charges are capped at £35 per month |
Operating and accessing your account
| Operating your Account | Making Withdrawals | |
|---|---|---|
| Online | - | |
| Phone | - | |
| Branch | ||
| Post | - | - |
| Post Office | - | |
| SMS | - | |
| Mobile App | - | |
| ATM |
Mobile App Features
| Make transfers between accounts | - |
| Check balances | - |
| Make transfers to other people | - |
| View transaction history | - |
| View direct debits/standing orders | - |
| Apply for new products | - |
| Use app on multiple devices | - |
| Branch finder | - |
| Pay bills | - |
| Setup payments, standing orders, or direct debits | - |
| Make payments | - |
| View mini statements | - |
| Make payments to other people | - |
| Use multiple devices | - |
Mobile App features may be limited. Please refer to providers site for more information.
Other details
- This account has a Visa Debit card.
- The currency for this account is Pound.
Market leading
This is the best rate for balances up to £2,500