Current Bank Account

The current account is the most popular form of personal bank account. It provides the holder with a cheque book, cheque guarantee card, an ATM card for withdrawing cash and an account debit card. Some cards combine functions. A current account can be used to receive your salary and also to set up standing orders (fixed monthly payments or subscriptions etc.) and direct debits (variable monthly payments for bills). Should you need to, you can also negotiate an overdraft on your current account with your bank. This will attract charges and allows you to take your account 'into the red' for a short or extended period in which you can spend to an agreed limit beyond the level of funds you actually have in the account. Account terms and conditions vary from bank to bank so choose the one that best suits your needs.

Get UK Bank Account in Seconds

Provider & Offer Name	AER*	Overview	Apply & More
HSBC Europe HSBC Bank Account Plus	2.5%	With the HSBC Account Plus you receive 24/7 Telephone Banking, worldwide family travel insurance, Identity Theft Assistance and Personal Security Protection and over 100's discounts and offers.
Alliance & Leicester Premier Current Account with Premier ISA1	7.9%	Tax-free savings with 10.00% gross p.a./AER (variable). You can save up to £3,000 each tax year with tax-free interest. (£3,600 per tax year from 6 April 2008)
HSBC Europe HSBC Bank Account	2.5%	With HSBC Current Account you will receive 24/7 Internet banking, everyday banking, Telephone Banking and Branch Banking for free.

* AER - Annual Equivalent Rate
¹ This offer is only available with a new Premier Current Account.

• Offers are available for United Kingdom residents only
• US visitors should visit Free Checking Account page
• Accounts are subject to approval
• Charges for other account-related services may apply