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Top UK current accounts for rewards right now

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Britain’s banking customers can be a complacent bunch.

We let our money trickle in and out of our current accounts without giving it much thought.

But there are bundles of rewards and incentives out there designed to make you consider switching your current account to your present bank’s rivals.

Switching your current account has never been easier thanks to the Current Account Switch Service.

If you use the service, your new and old banks take care of all the technical stuff such as transferring your balance and swapping all your payments to the correct account.

So there’s no excuses: You should be chasing the best current account deals.

Here are some of the top current accounts for rewards, interest rates, and switch incentives on the market right now.

NatWest and RBS Reward Bank Account

Earn 2% back in rewards on seven types of household bills if you pay by Direct Debit, plus another 1% in rewards on spending at partner retailers.

Rewards can be turned into cash, traded up into gift cards or voucher codes, or donated to charity.

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£150 cashback if you switch to NatWest.

There's a £2 monthly fee.

Nationwide FlexDirect Account

Pays 5% AER interest fixed for the first 12 months on deposits of up to £2,500.

No fees on arranged overdrafts for the first year.

No account fee.

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Santander 1 | 2 | 3 Lite Current Account

Up to 3% cashback on selected household bills.

Up to 15% cashback by using Santander debit or credit cards at partner retailers, including Vue, Costa, Subway, and Morrisons.

Monthly fee of £1.

First Direct Current Account

£250 interest-free overdraft.

£50 cash to switch.

£100 goodbye gift if you switch away again.

No monthly fee.

M&S Bank Current Account

£180 M&S gift card when you switch and stay.

First £100 is interest free on a £500 overdraft.

Access to a M&S Monthly Saver account with 5% AER for the first 12 months.

No monthly fee.

READ MORE: Want to retire at 60? Then do these 5 things