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 Direct Current Account1	6%	Earn 6.0% AER (fixed for 1 year) on balances up to £2,500 or 1.0% AER (variable) on balances over £2,500. No interest or usage fees on agreed overdrafts for first 12 months (0% EAR typical overdraft).* Free Switching Service and 24-hour account servicing.
Alliance & Leicester Premier 502	5%	The account offers great benefits for those over 50's. Earn fixed 5.0% AER* for a year on balances up to £ 2,500. No interest or usage fees on agreed overdrafts for first 12 months (0% EAR typical overdraft)*
Alliance & Leicester Premier 213	5%	There is no minimum requirement and customer can earn a 5.0% AER (fixed) on balances up to £1,000. Also, with this account you have the chance to earn a day with one of 10 inspirational celebrity mentors when you open a Premier 21 current account with us.
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 Summary: 6.00% credit interest rate; 0% overdraft for 12 months; Free Switching Service; 24-hour account servicing
² After 12 months, 0% overdraft continues but a usage fee of 50p a day (£5 max per month) applies if agreed overdraft is used. Max overdraft limit is £2,500
³ Get an exclusive linked PlusSaver paying 5.00% gross each year/AER (fixed) on balances up to £50,000.

• 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