First Direct 1st Account Joint
First Direct
Annual Equivalent Rate (AER)
7.00% AER
Monthly Fee
£0
Welcome Bonus
£175 welcome bonus
Apply Now →on First Direct's website
Minimum Deposit:N/A
Annual Equivalent Rate (AER):
7.00% AER
Welcome Bonus: £175 welcome bonus
Plus a £25 boost when you switch to us.
Monthly Fee:
£0
Minimum Deposit:
N/A
The standout feature of the First Direct 1st Account Joint is its impressive 7.00% AER on the Regular Saver, which is significantly higher than many competitors. This account not only offers a generous welcome bonus but also provides fee-free spending abroad, making it an excellent choice for those looking to maximize their savings while managing shared expenses.
Pros:
- High interest rate on savings
- Fee-free spending abroad
Cons:
- Requires both applicants to be UK residents
- Limited to online applications
In summary, the First Direct 1st Account Joint is ideal for couples or partners seeking to enhance their savings with a competitive 7.00% AER, enjoy a valuable welcome bonus, and benefit from no monthly fees or foreign transaction costs, making it a strong contender for joint financial management.