Current Accounts
first direct Current Accounts

first direct Current Accounts

Compare first direct current account products in the table below.
Compare product features to find a product to suit your needs.
Click the green buttons to apply direct online.

See Deal Browse first direct Current Accounts FAQs

Compare first direct Current Accounts

Offer

Switch to a 1st Account and get £175. Requires credit check. New customers only and T&Cs apply*
first direct 1st Account

Protected
Monthly Fee

Free

Interest Rate

0%

Arranged Overdraft Rate

0%

Minimum Monthly Credit

None

See Deal
*To qualify, open an account between 9th September and the offer's withdrawal. Switch your banking via CASS, deposit £1,000, complete a full CASS switch with two Direct Debits or Standing Orders, register for digital banking, and use your debit card five times—all within 45 days. This offer is for new customers who haven’t held a first direct or HSBC current account since 1st January 2018.

Representative Example: If you use an arranged overdraft of £1,200, you'll be charged the equivalent annual rate of 39.9% EAR (variable). Representative APR 30.5% (variable). 0% EAR variable on the first £250. For customers with an offset mortgage linked to a 1st Account, the interest-free limit will not apply.
Product Features

£250 interest-free overdraft (subject to status)
24/7, 365 banking - Online, Phone and on Mobile
No first direct debit card fees when spending abroad (T&C’s apply. See first direct website before applying)
Eligibility / Restrictions

Customers must pass a credit check
Must be a UK resident aged 18+ with a phone number and email address
No bankruptcy or IVAs in the last 6 years
Pay in cash and cheques at HSBC branches and the Post Office
More info

Compare similar products from other providers

TSB Spend & Save Account

Protected
Monthly Fee

Free

Interest Rate

0%

Arranged Overdraft Rate

39.9%

Minimum Monthly Credit

None

See Deal
Representative Example: If you use an arranged overdraft of £1,200, you'll be charged the equivalent annual rate of 39.9% EAR (variable). Representative APR 39.9% (variable).
Product Features

Earn up to £30 cashback if you’re a new customer. £5 per month for 6 months, with 20 debit card payments per calendar month
Get 2.72% AER variable interest on balances up to £25k across 5 Savings Pots. Includes fixed introductory bonus of 1.52% AER for the first 12 months. After 12 months variable interest without bonus will apply. Interest paid monthly
Access to a Monthly Saver paying 6.00% Gross/AER fixed for a year. Save £25 to £250 per month by standing order from your TSB current account. Interest is paid on maturity
Eligibility / Restrictions

Eligible for Cashback if you open a new Spend & Save account, including changing from an existing TSB current account, other than from a Classic. Direct debits and withdrawals not included
UK residents only, 18+
Assumed arranged overdraft of £1200: 39.9% APR representative variable. Subject to application, approval & repayable on demand
More info
TSB Spend & Save Plus Account

Protected
Monthly Fee

£3

Interest Rate

0%

Arranged Overdraft Rate

39.9%

Minimum Monthly Credit

None

See Deal
Representative Example: If you use an arranged overdraft of £1,200, you’ll be charged the equivalent annual rate of 39.9% EAR (variable). Representative APR 40.1% (variable).
Product Features

Earn up to £60 annually, on-going £5 cashback every month, with 20 debit card payments per calendar month
Zero TSB card charges abroad. ATM operators/foreign banks may charge & sellers may apply a currency conversion fee on purchases
Get 2.72% AER variable interest on balances up to £25k across 5 Savings Pots. Includes fixed introductory bonus of 1.52% AER for the first 12 months. After 12 months variable interest without bonus will apply. Interest paid monthly
Eligibility / Restrictions

Eligible for Cashback, if you open a new Spend & Save Plus account, including changing from an existing TSB account (Direct Debits and withdrawals not included)
Up to £100 interest-free arranged overdraft available subject to status
UK residents, 18+ only
More info
Santander Edge current account

Protected
Monthly Fee

£3

Interest Rate

0%

Arranged Overdraft Rate

39.94%

Minimum Monthly Credit

£500

See Deal
Representative Example: If you use an arranged overdraft of £1,200, you'll be charged the equivalent annual rate of 39.94% EAR (variable). Representative APR 39.94% (variable).
Product Features

Earn 1% cashback (up to £10 a month) on selected household bills when you pay by Direct Debit
Earn 1% cashback (up to £10 a month) at supermarkets and on travel costs when you use your debit card (exclusions apply)
Access to Santander Edge Saver with 6.00% AER / 5.84% gross (variable) interest on balances up to £4,000 (includes 2.00% AER / 1.98% gross (variable) bonus rate for the first 12 months from opening)
Make international payments with no extra fees (the bank receiving the payment may still apply charges). Plus no charges for making CHAPS payments from this account
No Santander fees for using your Santander Edge debit card to withdraw cash and make payments outside the UK in the local currency
Get cashback, vouchers, prize draws and other offers personalised for you with Santander Boosts
Eligibility / Restrictions

You must be over 18 and live in the UK permanently to open the account
There is a £3 monthly fee for maintaining the account that will automatically be taken from your account each month
To earn cashback and interest, you must pay in £500 each month and have 2 active Direct Debits
You may only hold a maximum of two Santander Edge current accounts, one in your own name and one in joint names
You accept that this is a paper-free account, so documents, statements and some letters will be sent to your secure inbox in Online Banking
To be eligible for Santander Boosts, you must have a personal Santander debit or credit card, be 18 years or over and be registered for Online and Mobile Banking
More info

Featured brands

Last updated on 02 March 2023.

First Direct Current Accounts FAQ

Who is First Direct?

First Direct was set up as a bank in 1997 and is known for providing telephone and online banking services to consumers. It offers services such as bank accounts, mortgages, loans and savings, as well as insurance. It is a division of the HSBC Group.

What features and services does a First Direct current account offer?

The 1st Account from First Direct offers a range of banking services for its account holders, including the ability to pay into their account in Post Offices or in HSBC branches. They can also apply to use an overdraft with their account.

Who can apply for a First Direct current account?

First Direct says that anyone who has a UK address and is over 18 can get a 1st Account providing they have not been declared bankrupt or signed up to an Individual Voluntary Agreement over the past six years.

How can I apply for a 1st Account with First Direct?

You can apply online or over the telephone. You will need to provide documents to support your application including forms of identification and proof of address, such as a passport and a utility bill. The bank may also want to verify your credit rating and your financial income and outgoing, as well as your employment status.

Can I switch my account to a First Direct current account?

Yes, you are able to do this easily through the Current Account Switch Guarantee service, which removed much of the legwork from switching accounts.

Can I use an app to manage by 1st Account?

Yes, First Direct offers account holders the chance to manage their account through their mobile app. It also carries Apple Pay and Google Pay features, as well as contactless payments when using the debit card.

Can I add on extra perks to the account?

You are able to pay an extra monthly fee for additional features and insurance products added to your account, such as travel insurance and mobile phone cover. Other extras include things like breakdown cover. It is sensible to think carefully about whether the additional fee for these benefits is less than they would cost you to arrange independently. This is particularly true if you have already paid for separate breakdown cover, for example.

Services offered by this provider may change over time. Always check Ts&Cs.

first direct Current Accounts

Compare first direct Current Accounts

first direct 1st Account

Compare similar products from other providers

TSB Spend & Save Account

TSB Spend & Save Plus Account

Santander Edge current account

Featured brands

First Direct Current Accounts FAQ