• 1
  • FlexDirect Current Account
  • 5% AER
  • Minimum Deposit: £0
  • Access: Online, Branch, Phone, Mobile Banking
  • Safety: Full £85,000 UK protection, Own Licence
  • Notes:

    Easy access. Rate includes a conditional bonus for the first 12 months, subject to a minimum of £1,000 deposited per month. After the first 12 months, or if this condition is not met, the rate will reduce to 1.00%. The 4.89% gross / 5.00% AER interest rate is only paid on balances up to £2,500. Balances above £2,500 will not receive any interest. New customers can apply online but will be required to bring ID into a Nationwide branch to complete their application process, existing customers may also be required to do this. Existing customers can apply in a branch, online or via a mobile banking app. Interest is paid on the 1st of each month.

  • 2
  • Classic Plus account
  • 5% AER
  • Minimum Deposit: £0
  • Access: Online, Branch, Phone, Mobile Banking
  • Safety: Full £85,000 UK protection, Own Licence
  • Notes:

    Easy access. The 4.89% gross / 5.00% AER interest rate is only paid on balances up to £1,500. Balances above £1,500 will not receive any interest. A minimum of £500 must be paid in to the account each month and you must register for internet banking, paperless statements and correspondence (when available) to qualify for this interest rate. Customers can open the account without having an existing TSB current account or can add it to an existing current account with TSB. £5 cashback is available each month, subject to having a minimum of two direct debits set up on the account to be taken out each month. Interest is paid monthly.

  • 3
  • Current Account
  • 3% AER
  • Minimum Deposit: £0
  • Access: Online, Branch, Phone, Mobile Banking
  • Safety: Full £85,000 UK protection, Own Licence
  • Notes:

    Easy access. The 2.96% gross / 3.00% AER interest rate is only paid on balances up to £3,000. Balances above £3,000 will not receive any interest. Maximum of 1 account if the customer holds a Tesco Bank Clubcard Plus Account. The rate is guaranteed until the 1st of April 2019. A minimum of £750 must be paid into the account each month, and you must pay at least three direct debits each month to qualify for the rate. Additional Clubcard points are available on money spent on the debit card for the account. Interest is paid monthly.

  • 4
  • Vantage Current Account
  • 1.50% AER
  • Minimum Deposit: £1
  • Access: Post, Online, Branch, Phone, Mobile Banking
  • Safety: Full £85,000 UK protection, Shared Licence
  • Notes:

    Easy access. Vantage can be added to an existing account or selected when applying for a new account. A minimum of £1,000 must be paid into the account each month, you must stay in credit and pay at least two different Direct Debits from your account each calendar month to qualify for this interest rate. The 1.49% gross / 1.50% AER interest rate is paid on balances up to £5,000. Balances above £5,000 will not receive any interest. Maximum of three Vantage Current accounts allowed across Bank of Scotland and Lloyds Bank (Which is currently closed to new business, but customers may still hold one). Although the account can be applied for and managed online or by telephone, the provider may need to see ID in a branch. Interest is paid on the 2nd of each month.

  • 5
  • 1|2|3 Current Account
  • 1.50% AER
  • Minimum Deposit: £1
  • Access: Online, Branch, Phone, Mobile Banking
  • Safety: Full £85,000 UK protection, Shared Licence
  • Notes:

    Easy access. A minimum of at least £500 must be paid into the account each month and pay at least two different Direct Debits from your account each calendar month to qualify for this interest rate. This account also has a monthly account fee of £5. The 1.49% gross / 1.50% AER interest rate is only paid on balances up to £20,000. Balances above £20,000 will not receive any interest. Interest is paid monthly.

Best buys provided by unbiased savings advice website, SavingsChampion.co.uk