compare current accounts

Compare High interest current accounts

Switching current accounts has never been easier - your bank will do all the hard work for you!

High Interest current accounts

CompanyPackage NameInterest Rate (AER)Minimum requirementsOverdraft / RatesMonthly feeBenefits 
Santander Preferred In-Credit Bank Account6% (on balances up to £2,500)Must pay in £1,000 a month0% for 4 months£0Dedicated account transfer team to move all of your regular bill payments and direct debits
Premier Direct5% (on balances up to £2,500)Must pay in £500 a month0% for 12 months (up to £2,000)£0Dedicated switching service
Premier 215% (on balances up to £1,000)Must be aged 16-20 and pay in your earnings.0% up to £2,000, charge of 50p per day (up to £5 per month)£0Dedicated switching service, linked PlusSaver account


High interest current accounts

If you are looking for a higher credit interest rate, switching your current account could get you a much better deal.

High interest accounts allow you to earn a decent rate of interest on your in-credit balance up to a certain amount, and often these rates are better than best buy savings rates.

In exchange, you normally have to pay in a certain amount of money each month. See our guide to high interest current accounts for more details.

Switching your current account has never been easier - you simply open your new account and your old bank will transfer the details of all your direct debits and standing orders.

See our guide to switching your current account for tips and advice on making sure the process runs smoothly.