SPECIAL OFFER - Switch your current account held elsewhere to the NatWest Reward Account using the Current Account Switch Service and get £150. Limited availability Offer. T&Cs and restrictions apply*
Why we like it
Earn up to £5 per month back: £4 in Rewards for 2 or more Direct Debits (2 of the Direct Debits need to be +£2 each) and £1 with 1 mobile app log in. £2 monthly fee applies. Earn Rewards that you can redeem as cash back, gift cards or e-codes with our retail partners. Great money management tools with our mobile banking app. ‘Criteria Apply’. Arranged overdraft available (subject to eligibility and lending criteria). Multiple ways to pay: Apple Pay, Google Pay™ and Contactless Visa Debit. Must be 18 or older and UK resident. Customers need to pay at least £1,250 into any eligible personal current account every month (excludes transfers between your own accounts). Must not currently hold 2 Reward accounts. Representative example: Effective Annual Rate: 39.49% EAR (variable). Representative APR: 39.49% (variable). Assumed credit limit: £1,200. The monthly cap on unarranged overdraft charges for our standard adult current accounts is £18.80. What’s the cost of borrowing of £500: Zero days (you’ve not yet used your overdraft) - you’d pay in total £0.00. One day - you’d pay in total £0.46. Five days - you’d pay in total £2.31. Seven days - you’d pay in total £3.24. Thirty days – you’d pay in total £13.87. *Must request and complete a full switch of a current account that is not with NatWest, RBS, or Ulster Bank to your eligible account using the Current Account Switch Service online or via the mobile app from 11th March 2025. The switch must include closing your current account held elsewhere and moving any payment instructions to your eligible account, and within 60 days of your switch completing, you must pay £1,250 into your eligible account (this can be made of multiple payments into your eligible account), and log into the mobile app (this can be done on any device that supports the NatWest Mobile Banking App)
SPECIAL OFFER - Switch to a 1st Account and bank £175*.
Why we like it
Get access to a Regular Saver Account - Put away between £25 and £300 for a fixed 12 month term. If you save £300 every month for 12 months and qualify for the 7.00% AER/gross p.a. interest rate, you'll earn approximately £136.50 interest (gross). Interest is calculated daily and paid 12 months after you opened the account. AER stands for Annual Equivalent Rate. This shows you what the rate would be if interest were paid and compounded each year. Gross is the rate of interest if interest were paid and not compounded each year. No partial withdrawals allowed. Early closure will result in interest being paid at the standard account variable rate. £250 interest-free overdraft (subject to status). No minimum monthly funding and no monthly account fee. No first direct fees for when spending abroad, withdrawing cash from the UK or when making a debit card payment in a foreign currency in the UK. Mobile banking app. UK based contact centre. Representative Example: How does our overdraft compare? The representative APR shows the cost of borrowing over a year, so you can use it to compare the cost of our overdraft against other overdrafts and ways of borrowing. 0% EAR variable on the first £250, 39.9% EAR variable thereafter, giving a representative rate of 30.5% APR variable (assumed arranged overdraft £1,200). For customers with an offset mortgage linked to a 1st Account, the interest-free limit will not apply. *Open a 1st account on or after 9th September and before offer is withdrawn. Switch your everyday banking to using the Current Account Switch Service (CASS). Deposit a minimum of £1,000 (in single or multiple deposits) in your account and within 45 days of opening your first direct 1st Account. Complete a full CASS switch including at least two Direct Debits or Standing Orders must be made within 45 Days of us opening your first direct 1st Account. Register and Log onto digital banking, within 45 days of us opening your first direct 1st Account. Use your new 1st account debit card at least 5+ times. Be a new customer to first direct, who has not previously held a first direct product, or has opened an HSBC current account on or after 1 January 2018
Clydesdale have a number of different current accounts aimed at different types of customers, designed to help you manage your everyday banking whatever your needs.
What to look for when switching current accounts
To ensure you get a current account that is well matched to your everyday banking needs, make sure to consider how important each of the following factors is to you:
Interest rates– You will generally be offered different interest rates on your savings and overdraft (if you need one) so which of these is most important to you will tend to rely on how you normally use your account. If you are more of a saver, the rate you earn on your credit will be more important; whereas if you are more of a spender, your overdraft rate will be more significant.
Switching incentives – Several of the top current accounts across the market offer switching incentives to help entice you into transferring your banking to them. These often include cash upfront as well as introductory interest rates and other bonuses.
Compare current accounts
When choosing a new current account, make sure to spend some time researching the various options and what they offer before making a final decision. The more research you can do, the more chance there is of you ending up with an account that fits your needs long term.
Take a look at the range ofbank accounts presently on offer from all the leading providers across the market right now to see which offers the best deal for you.
