Interest-paying Current Accounts
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FlexDirect Account | Kroo Current Account | Santander Edge Up | Current Account | Club Lloyds Current Account |
Click here to find out what the * means | ||||
AER What's This? |
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5.00% |
4.10% |
3.50% |
3.25% |
3.00% |
Gross Interest Rate What's This? |
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4.89% |
4.02% |
3.45% |
3.19% |
2.96% |
Minimum opening balance |
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£0 |
£1 |
£1 |
£0 |
£4,000 |
How to manage the account |
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Branch, Cash Card, Mobile Banking, Online, Telephone |
Mobile Banking |
Branch, Cash Card, Mobile Banking, Online, Telephone |
Cash Card, Mobile Banking |
Branch, Cash Card, Mobile Banking, Online, Telephone |
How to apply |
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Branch, Online |
Mobile |
Branch, Online |
Online |
Branch, Online, Telephone |
Account summary |
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Interest rate reverts to 1.00% AER after the first 12 months. Rate also falls to 1.00% AER if a minimum of £1,000 is not deposited each month during the first year. Interest is only paid on balances up to £1,500. Interest is paid on the first day of each month. |
Easy Access. The interest rate is paid on up to £85K and tracks the Bank of England base rate minus 0.9%. Kroo Bank Ltd work with One Tree Planted to plant 2 trees for every new customer who opens a Kroo current account. Interest is paid monthly back into your account. |
Easy access. A minimum of at least £1,500 must be paid into the account each month and have at least two active Direct Debits to qualify for this interest rate. This account also has a monthly account fee of £5. The interest rate is only paid on balances up to £25,000. Balances above £25,000 will not receive any interest. Interest is paid monthly. |
Easy access. Interest is paid monthly. Get 3.25% AER / 3.19% Gross (variable) interest on balances up to £5,000. |
A minimum monthly deposit of £2,000 and a minimum of two different direct debits each month are required. If these conditions are not met, a £3 fee will apply and no interest will be paid for that month. |
Financial Services Compensation Scheme What's This? |
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Own Licence |
Own Licence |
Shared Licence |
Own Licence |
Shared Licence |