This comparison includes all current accounts that can be opened in joint names.
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Nationwide FlexAccount
Account Fee & Requirements
No monthly fee
Overdraft
18.9% EAR
(£15 buffer)
Interest Rate
0% AER
Free Multi-trip European travel insurance. No monthly fee. Independently rated 5-star by Defaqto. Access to a range of exclusive offers.
To qualify as a main current account holder you must pay in a minimum of £750 per month.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 18.9% EAR (variable).
NatWest Select Account
Account Fee & Requirements
No monthly fee
Overdraft
19.89% EAR
(£10 buffer)
Interest Rate
0% AER
Earn 1% cashback on contactless payments with Cashback Plus. Voted the best card benefits programme of the year at the Card and Payment Awards.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 19.89% EAR (variable) + £6 per month.
RBS Select Account
Account Fee & Requirements
No monthly fee
Overdraft
19.89% EAR
(£10 buffer)
Interest Rate
0% AER
Earn 1% cashback on contactless payments with Cashback Plus. Voted the best card benefits programme of the year at the Card and Payment Awards.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 19.89% EAR (variable) + £6 per month.
The Co-operative Bank Current Account
Account Fee & Requirements
No monthly fee
Overdraft
18.9% EAR
(£20 buffer)
Interest Rate
0% AER
£100 cash-back when you switch using The Co-operative Bank switching service & pay in £800 a month (they'll also donate £25 to charity). T&Cs apply for the £100 offer. Visit providers website for full details.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 18.9% EAR (variable).
The Co-operative Bank Current Account Plus
Account Fee & Requirements
No monthly fee
pay in £800+ a month
Overdraft
none
Interest Rate
0% AER
£100 cashback when you switch using The Co-operative Bank switching service and pay in £800 a month (they'll also donate £25 to charity). T&C's apply for the £100 offer. Visit providers website for full detials.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 18.9% EAR (variable).
Halifax Reward Current Account
Account Fee & Requirements
No monthly fee
Overdraft
£1-3/day
(£50 buffer)
Interest Rate
0% AER
Up to £185 reward in year 1 made up of £125 for switching & £5 each month you pay in £750, pay out 2 direct debits & stay in credit. To qualify for the £125 offer you must use the Current Account Switch Service & close your account held elsewhere.
If you've had cashback for switching since January 2012, we're sorry but you don't qualify. T&Cs apply.
Representative Example: If you use a planned overdraft of £1,200, then you will be charged a daily fee of £1. Overdrafts are subject to status.
Barclays Bank Account
Account Fee & Requirements
No monthly fee
Overdraft
none
Interest Rate
0% AER
A straightforward bank account with a contactless debit card. Visit the Features Store to tailor your account with the features and benefits that fit the way you want to bank.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged £1.50 per day.
NatWest Select Silver Account
Account Fee & Requirements
£10 a month
Overdraft
19.89% EAR
(£10 buffer)
Interest Rate
0% AER
Offers include - Taste Card for you to enjoy 2-for-1 meals or 50% off your food bill at thousands of UK restaurants (restrictions apply). Plus receive 25% cashback on tickets for theatre, dance, opera & concert performances.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 19.89% EAR (variable) + £6 per month.
Clydesdale Bank Current Account Plus
Account Fee & Requirements
No monthly fee
Overdraft
18.85% EAR
(£10 buffer)
Interest Rate
0% AER
£150 to switch your banking - once you've made a single payment of £1,000 or more, within 31 days of switching. Use the Current Account Switch Service to transfer your main bank account & close your old account. T&Cs apply.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 18.85% EAR (variable) + £6 per month.
Yorkshire Bank Current Account Plus
Account Fee & Requirements
No monthly fee
Overdraft
18.85% EAR
(£10 buffer)
Interest Rate
0% AER
£150 to switch your banking - once you've made a single payment of £1,000 or more, within 31 days of switching. Use the Current Account Switch Service to transfer your main bank account & close your old account. T&Cs apply.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 18.85% EAR (variable) + £6 per month.
RBS Select Silver Account
Account Fee & Requirements
£10 a month
Overdraft
19.89% EAR
(£10 buffer)
Interest Rate
0% AER
Offers include - Taste Card for you to enjoy 2-for-1 meals or 50% off your food bill at thousands of UK restaurants (restrictions apply). Plus receive 25% cashback on tickets for theater, dance, opera & concert performances.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 19.89% EAR (variable) + £6 per month.
Yorkshire Bank Readycash Account
Account Fee & Requirements
No monthly fee
Overdraft
-
Interest Rate
0% AER
£150 to switch your banking - once you've made a single payment of £1,000 or more, within 31 days of switching. Use the Current Account Switch Service to transfer your main bank account & close your old account. T&Cs apply.
Clydesdale Bank Readycash Account
Account Fee & Requirements
No monthly fee
Overdraft
-
Interest Rate
0% AER
£150 to switch your banking - once you've made a single payment of £1,000 or more, within 31 days of switching. Use the Current Account Switch Service to transfer your main bank account & close your old account. T&Cs apply.
Yorkshire Bank Signature Current Account
Account Fee & Requirements
£13.50 a month
Overdraft
12.5% EAR
(£10 buffer)
Interest Rate
0% AER
£150 to switch your banking - once you've made a single payment of £1,000 or more, within 31 days of switching. Use the Current Account Switch Service to transfer your main bank account & close your old account. T&Cs apply.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 12.5% EAR (variable) + £6 per month.
Clydesdale Bank Signature Current Account
Account Fee & Requirements
£13.50 a month
Overdraft
12.5% EAR
(£10 buffer)
Interest Rate
0% AER
£150 to switch your banking - once you've made a single payment of £1,000 or more, within 31 days of switching. Use the Current Account Switch Service to transfer your main bank account & close your old account. T&Cs apply.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 12.5% EAR (variable) + £6 per month.
Bank of Ireland Clear Account
Account Fee & Requirements
No monthly fee
Overdraft
15.5% EAR
Interest Rate
0% AER
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 15.5% EAR (variable).
Bank of Ireland Basic Cash Account
Account Fee & Requirements
No monthly fee
Overdraft
-
Interest Rate
0% AER
Bank of Scotland Classic Account
Account Fee & Requirements
No monthly fee
Overdraft
£25 interest
& fee free, then 19.94% EAR
+ £6/month
Interest Rate
0% AER
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 19.94% EAR (variable) + £6 per month.
Bank of Scotland Classic Account with Control
Account Fee & Requirements
£10 a month
Overdraft
£25 interest
& fee free, then 19.94% EAR
+ £6/month
Interest Rate
0% AER
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 19.94% EAR (variable) + £6 per month.
Bank of Scotland Platinum Account Ex/C
Account Fee & Requirements
£17 a month
Overdraft
£300 interest
& fee free, then 17.28% EAR
+ £6/month
Interest Rate
0% AER
This product is only available to existing customers.
Representative Example: If you use an arranged overdraft of £1,200 you'll be charged 17.28% EAR (variable) + £6 per month.

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How to set up a joint current account

We explain how to find the best joint current account, and how to go about opening a joint bank account that gives you the features you want.

A joint bank account is simply a current account held in two or more names as opposed to one. They can offer a convenient way to manage shared expenses and household bills by cutting down on the administration you need to do.

Joint bank accounts can be opened by anyone, not just couples. This means you could equally set up a joint account with a friend or flatmate as you could with your husband, wife, civil partner, boyfriend or girlfriend. There's also no limit as to how many joint account holders there can be on one account.

Whether you're opening an account with your significant other, or someone else; choosing the best joint current account will save you time and money.

How to compare joint current accounts

To find the best joint account you should compare your options then prioritise the accounts that offer the features you want and whittle down your options so you're left with the account that gives you the best match.

When you're carrying out your shared bank account comparison you should look at whether monthly fees are charged (and if so how much and what you get for your money), the interest payable on the account balance and the cost of arranging or using an overdraft.

Finding out how you'll be able to access your account (in branch, online, via telephone) and whether you'll get a debit card and cheque book are also important features that should be considered.

Finally, each bank or building society will specify a number of terms setting out how the account will operate and how you will be able to use it, including:

  • Who can access money in the account
  • If permission is needed from the other account holders before you can make a withdrawal
  • Who can use any credit the account is eligible for
  • Who is responsible for repaying the whole amount of any overdraft (credit) on the account
  • What to do if your relationship with a joint account holder ends or changes

To get the most from your joint account comparison, you'll need to compare joint bank accounts to make sure that you're happy with their terms and conditions as well as the account features).

How to get the best joint accounts

The application for a joint account is much the same as for standard current accounts, with most banks and building societies offering options for opening a joint account online, in-branch or occasionally by phone.

Your joint bank account application confirms who is to manage the account, who is to be party to the account, responsibility for any debt attached to the account and you acceptance of the accounts terms and conditions. So, you should decide how the account will be managed before you apply. The bank or building society will produce an account mandate based on this that you'll each need to sign, to open the account.

By comparing the features, responsibilities, and terms and conditions attached to each joint account, you will be able to filter the best bank accounts for couples or house-mates based on your needs so you find the best joint account from the UK's top providers.

Something to bear in mind...

It's important to realise that when you open a joint account with someone (be it a friend, relative or significant other) you automatically become financially associated.

While this in itself isn't necessarily a problem if they have a good credit rating, if they don't or go on to have issues with credit down the line, then this may reflect badly on your own credit standing - at worst this could affect your ability to get credit in the future.

Furthermore, if you apply for a joint overdraft account then you will be jointly responsible for repaying any and all money borrowed - even if the other account holder is unable to.

Again, while this shouldn't stop you opening a joint account if you need to, you do need to consider whether you trust that the person you're going to open the account with won't leave you saddled with debt and a damaged credit rating!

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9 tips for choosing a current account

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