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
Santander Current Account1	5%	Earn 5.0% AER (fixed for 1 year) on balances up to £2,500 or 1.0% AER (variable) on balances over £2,500. Santander will match your existing overdraft (up to £5,000), depending on your circumstances.

* AER - Annual Equivalent Rate
¹ *You will receive £100 cashback when you switch your main current account to Santander using our dedicated switching service and pay in at least £1,000 a month.

• 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