First Direct 1st Account
First Direct
N/A
Available for new customers who switch using the Current Account Switch Service.
£0
£1,000
Free standard UK transactions
First Direct earns the #1 spot due to its attractive £175 welcome bonus and access to a high-interest Regular Saver Account at 7.00% AER. This combination makes it one of the most appealing options for new customers looking to switch.
Pros:
- £175 welcome bonus
- Access to high-interest savings account
Cons:
- Minimum deposit requirement
- Limited branch access
The First Direct 1st Account is an excellent choice for individuals seeking a no-fee banking option with a substantial welcome bonus, making it particularly attractive for new customers looking to maximize their savings potential. With the added benefit of a high-interest Regular Saver Account, it effectively caters to those wanting to grow their funds while enjoying reliable banking services.