🔔 Clydesdale's cash incentive is back - get the equivalent of 7% in a current account, plus the best of the rest

Author: Anna Bowes
15th January 2016
 

Latest News

Get the equivalent of 7% AER in the first year with Clydesdale and Yorkshire Banks

This week, Clydesdale Bank and Yorkshire Bank reintroduced its cash incentive of £150, if you switch to one of its current accounts. This is one of the biggest upfront cash incentives available on the market at the moment for those looking to switch to a new current account.

What’s more, if you open its Current Account Direct, you will also receive 2% AER on balances up to £3,000.  When you add in the cash incentive, this is a total of £210, which is the equivalent of getting 7% AER for the first year!


If you don’t want to switch your account, you can still get up to 5% AER with alternative High Interest Current Accounts, a selection of the top rates on the market at the moment are detailed below.

Provider Account Name Balance AER
TSB Bank Classic Plus Account £1 - £2,000 5%
Nationwide Building Society FlexDirect Current Account £1 - £2,500 5%
Lloyds Bank Club Lloyds Current Account £4,000 - £5,000 4%
Santander 123 Current Account £3,000 - £20,000 3%
Tesco Bank Current Account £1 - £3,000 3%
Find Out More About These Accounts »
   

Best Savings Deals Summary
 
If you have any queries regarding our Best Buy Tables, an account featured or the suitability of the account for your needs, please call Savings Champion on 0800 321 3581
Best Buy Tables Best Accounts Best Rates (Gross)
High Interest Paying Current Account Nationwide Building Society and TSB Bank 4.89%
Easy Access RCI Bank * 1.65%
Fixed Rate Bond Secure Trust Bank (5 years) 3.11%
Variable Rate ISA Mansfield Building Society 1.55%
Fixed Rate ISA United Bank UK (5 years) 2.55%
Notice Account Paragon Bank 1.96%
Monthly Income FirstSave (5 years) 3.02%
Regular Savings First Direct and Marks & Spencer 6.00%
Children’s Account Halifax (regular saver) 6.00%
Junior ISA Halifax 4.00%
Help to Buy ISA Halifax 4.00%

* Deposits held with RCI Bank are covered by the FGDR, which is the French equivalent of the UK Financial Services Compensation Scheme (FSCS). Please contact us if you would like further information. 

Our Best Buy Tables are based on whole of market research, independent and have no commercial bias, ensuring that you can rely on them to make an informed decision. Alternatively, please call us on 0800 321 3581 to discuss your savings with one of our expert advisers.