How to find an online current account
Check your email, do your grocery shopping and transfer money all from the comfort of your living room. The internet has opened up a world of possibilities, and online banking is one of them.
Switching your current account is another! We can help you find an online current account to suit your banking needs.
Find a new current account, or switch your existing account.
Manage your current account online
Most current accounts now have online banking facilities. This means you can manage your account over the internet. You can do all sorts of wonderful things, like transfer money, set up standing orders and pay bills.
You never have to stand in a bank queue again.
Online current accounts minus the branch
The most radical development in the banking world over the last ten years has been the emergence of internet banks.
Internet banks don’t have branches. As such they have lower overheads than the big banks, which often translates to savings for customers. But it does mean you can’t go into a branch. You will have to manage your account over the internet or phone.
Internet banks – like Egg, First Direct and Smile - have made their mark. They have become recognised brands and have caused a stir in the market with their fresh approach to banking.
The pros and cons of an online current account
The good stuff:
- You can access your account from anywhere in the world. So, whether you’re on safari in Africa or trekking through Nepal, all you need is access to the internet
- Check your account 24/7. No need to rush to the bank on Saturday morning before it shuts
- An internet bank may give you a better deal on interest rates or offer other incentives
- Internet banks usually have fun, engaging marketing with a strong emphasis on customer service
And the ugly:
- If you get an account with an internet bank, you won’t be able to see a friendly face when organising your banking as there are no branches
Online current account security
Your internet banking is protected by the provider’s security system. They want to make online banking safe. Usually, the web pages on which you enter any personal details are encrypted.
Your provider will give you unique log in details. So, the only person who’ll be able to log into your online account is you.
Find an online current account
You can compare current accounts on our site. We are working with uSwitch.com to provide you with a free and impartial comparison service.
When you compare accounts we ask you what you want. If it’s an online current account you’re after, just let us know. In about five minutes you’ll have a list of the best accounts for your needs. And, you may be able to switch to the one you want using our site.
Ready to compare? Search for a current account now: