First Direct

Competitive current account deals from first direct

First direct are proud to offer their customers some of the most competitive deals on the market wherever they can. Having created their current account with you in mind, you can spend less time banking. Their current account comes with fantastic benefits, an overdraft facility and satisfaction guarantee. Switching couldn’t be easier.

Compare first direct current accounts - Ordered by interest rate (AER)


Overdraft rate (EAR)

Interest rate (AER)

on balances between and

on balances up to

Customer service rating

Great (91%) Ok (7%) Poor (2%)

Customer service ratings provided by users of

  • Mobile App
  • Online Banking
  • Overdraft Facility
  • Standing Orders
Great for:
  • Choose from a range of rewards worth up to £150 when you switch - including £150 Expedia voucher, Amazon Echo Spot, Polaroid OneStep 2 i-Type camera. T&Cs apply.
  • You can also open a regular savings account and earn 5% AER
  • Get a £250 interest-free overdraft, subject to status
But be aware that:
  • You must be at least 18 years old to open this account
  • You must pay in at least £1,000 within the first 3 months of opening the account to qualify for the advertised reward


See more current accounts

Current accounts. Trust us to explain them simply


What  current account does first direct offer?

The current account offered by First Direct is the 1st account, which comes with a number of attractive benefits.

Customers who switch to the 1st account can choose from a range of vouchers, gadgets and online courses for doing so. The bank also offers a satisfaction guarantee, so any customers who aren’t happy with the service and decide to leave will receive £100.

Additional benefits of the account include an automatic interest-free £250 overdraft. After this, interest is charged at 15.9%.

first direct has no branch network but offers internet and telephone banking and its UK call centre is open 24 hours a day, 365 days a year. You’ll also be set up with text message banking – a handy way to check your balance on the go.

first direct also has its ‘First Directory’ to complement its current account. This is a number of services and benefits that you can access, ranging from worldwide travel insurance, to 24 hour roadside assistance, to mobile phone insurance. It comes at a cost of £15 a month and you have to commit to a 12 month contract.

While the benefits of the 1st account are attractive, it won’t be suitable for everyone because it requires that you pay in £1,000 every month. Failure to do so could result in you having to pay a fee of £10 per month. Also, no interest is paid on balances in credit.

Comparing current accounts

Our current account is probably the financial product we use the most, yet it’s also the product we are least likely to switch. Yet millions of people could be getting a better deal on their everyday banking service.

So ask yourself whether your current account really is working hard enough for you. It’s easy to be complacent and just stick with your bank out of habit, but in doing so, you could be missing out on huge benefits.

It’s important to look at your spending habits and see if there is another current account that could be doing more for you. Comparing current accounts through MoneySuperMarket will allow you to find the best current account to suit your needs.