Best Bank Accounts in the UK: Top Picks for 2025 Based on Features, Fees & Rewards

Choosing the right bank account in the UK can feel overwhelming with so many options available. Whether you’re looking for high-interest savings, cashback rewards, or fee-free international spending, there’s a current account tailored to your needs.

This guide breaks down the best UK bank accounts for 2025 based on real user needs—offering transparent comparisons, key features, and what makes each account stand out.

What to Look for in a UK Bank Account

Before diving into comparisons, it’s worth considering what you actually need. Ask yourself:

• Do I want to earn interest on my balance?

• Is cashback or rewards more important to me?

• Do I travel abroad and want low FX fees?

• Would I prefer a digital-first or traditional bank?

Here’s what most people consider:

Best Overall Bank Account: Chase UK Current Account

Why it stands out:
Chase UK offers a no-fee current account with generous features that rival traditional banks.

Key features:

• 1% cashback on all everyday spending (for 12 months)

• 5.1% interest on linked saver account

• No foreign transaction fees

• Slick mobile-only banking experience

• 24/7 in-app support

Ideal for: Everyday spenders who want digital convenience and solid savings options.

👉 Chase UK

Best for Cashback: Santander Edge Account

Why it stands out:
Santander’s Edge Account offers generous cashback that easily offsets its monthly fee.

Key features:

• £3 monthly fee

• 1% cashback on bills (up to £10/month)

• 1% cashback on supermarket and fuel spending (up to £10/month)

• 7% interest on up to £4,000 in Edge Saver

• Includes round-up savings feature

Ideal for: Households who pay regular bills and want extra value back.

Best for Travel: Starling Bank Personal Current Account

Why it stands out:
Starling is known for its fee-free foreign spending, making it a top pick for frequent travellers.

Key features:

• No fees for using your card abroad

• Real-time app notifications

• UK-based customer service

• Award-winning mobile app

• Overdrafts and loans available

Ideal for: Holidaymakers, freelancers abroad, or anyone spending in foreign currencies.

Best for Switching Bonuses: First Direct 1st Account

Why it stands out:
First Direct is consistently rated for customer service, and they often offer £175+ switch incentives.

Key features:

• Excellent UK-based phone support

• Often offers switch bonuses (check latest offers)

• Access to 7% regular saver account

• Interest-free overdraft up to £250

Ideal for: Switchers looking for a cash bonus and strong service.

Best for Students: NatWest Student Account

Why it stands out:
Offers practical benefits for students, including an interest-free overdraft and useful freebie incentives.

Key features:

• Up to £2,000 interest-free overdraft

• Free Tastecard or cashback offers

• Mobile banking and budget tools

• Simple switching for year-on-year upgrades

Ideal for: Students aged 18+, especially those planning to manage large term-time expenses.

Best for Joint Accounts: Lloyds Bank Club Lloyds

Why it stands out:
Lloyds offers perks and rewards, making it ideal for couples or households managing shared finances.

Key features:

• Free cinema tickets, magazine subscriptions or cashback rewards

• £3 monthly fee (waived with £2,000 monthly deposit)

• Access to 6.25% regular saver

• Competitive overdraft rates

Ideal for: Joint budgeting with added lifestyle perks.

Best for Digital Tools: Monzo Personal Account

Why it stands out:
Monzo is a leading app-based bank with excellent budgeting features and real-time spending insights.

Key features:

• Instant notifications and categorised spending

• Salary paid a day early

• Access to “pots” for budgeting

• Monzo Plus and Premium available for extra features

Ideal for: Users who want deep insights and control over everyday spending.

Best for Everyday Banking With Perks: Barclays Premier Banking

Why it stands out:
For those with higher income or balances, Barclays offers tailored services and priority support.

Key features:

• Dedicated Relationship Manager

• Barclays Avios Rewards (collect points for BA flights)

• Access to Blue Rewards

• Priority customer service

Ideal for: High earners or long-term savers who want VIP treatment and travel benefits.

Table: Quick Comparison of the Best UK Bank Accounts (2025)

Can Your UK Bank Account Protect You?

Yes—bank accounts come with key legal protections:

✅ Section 75 (Credit Cards)

If your bank issues a credit card, such as through Barclays, NatWest, or HSBC, purchases between £100–£30,000 are covered by law for disputes, cancellations, or non-delivery.

✅ Chargeback

Even debit card purchases through Santander, TSB, or Halifax can be reversed using chargeback for up to 120 days if goods/services weren’t delivered or were faulty.

Always report problems as soon as they occur and request a written outcome from the business first.

How to Switch Bank Accounts Easily

Thanks to the Current Account Switch Service (CASS), switching is:

• Free

• Completed in 7 working days

• Includes direct debit and salary transfer

• Protected by a switch guarantee

Many banks offer cash switch bonuses—often £150 to £200 just for moving your account.

More info here: Current Account Switch Service – CASS

Final Thoughts: Choose a Bank Account That Works for You

There’s no one-size-fits-all account—but whether you’re chasing cashback, saving interest, or simplifying your money, the UK has excellent options in 2025.

Before opening a new account:

• Check eligibility requirements (minimum income or deposit)

• Compare benefits to your lifestyle (travel, bills, savings)

• Consider how often you dip into overdrafts

• Explore if a switch bonus makes the move worthwhile

The best bank account is the one that helps you manage money smarter—not just one with the most features.

Helpful Resources

• Chase UK – Current Account

• CASS – Current Account Switch Service

• Financial Services Compensation Scheme – FSCS