Editor, Marcus Herbert. Please note, the following products are not regulated by the FCA; travel money, legal services, mobile phones, money transfer, broadband, energy (excluding boiler cover) and travel services (excluding travel insurance and car hire excess insurance). first direct is a division of HSBC UK Bank plc and HSBC has accounts more suitable for customers living outside of the UK. first direct’s Regular Saver Account allows you to pay in up to £300 a month for a year, and it pays a 5% AER (Annual Equivalent Rate), which makes it one of the top-paying accounts in the market. ... One way we do that is by letting you know up front about any charges that might apply to any of our accounts - after all, nobody likes a nasty surprise. Oh no, we can't find your email address on our records. You can get more details on how we work and how we get paid here. Our service seems to be down currently, please try again later. First direct are proud to offer their customers some of the most competitive deals on the market wherever they can. Balance Transfer fee of 2.29% (min £5) will be charged for each transferred balance made within three months of opening your account. – this doesn’t look right. moneysupermarket.shop.editField.minLengthMessage. By using our website you agree to our use of cookies in accordance with our Cookie Policy. Add-ons: You can also get a variety of add-ons if you pay £15 a month for First Directory, including: However you’ll need to check if you’re eligible for these, as well as the level of cover offered to be sure of what you’re taking out. It’s quick and easy to set up your payment, and you can even schedule it now, so it’s all sorted and sent automatically on the day it’s due. Please see the first direct Account Terms and Conditions for full details. *Representative example (assumed overdraft £1,200): 0% EAR variable on the first £250, 15.9% EAR variable thereafter. There’s plenty of financial swotting up to be done before you head to uni, not least when choosing a student account. Back first direct uncovered. A great way to see all your options is by comparing current accounts on MoneySuperMarket, where you’ll be able to browse through offers from different providers and look at what they offer – including their overdraft facilities, the interest rate they might pay on your balance, or the rewards they offer. So you don't need to worry. The information displayed on this site is subject to change at any time and we do not guarantee 100% accuracy of the information. In the unlikely event that anything goes wrong, your new bank or building society guarantees to refund any interest and charges you incur as a result of a delayed or incorrect switch. The Current Account Switch Service makes switching your current account simple, reliable and stress-free. Contact moneysupermarket.com at Moneysupermarket House, St David's Park, Ewloe, Flintshire, CH5 3UZ. There may also be a fee involved for going over the arranged amount, however you can sign up for text alerts that let you know when you’ve gone over. **Please note that FirstCurrent Business is a non-borrowing account**. On your agreed switch date your new account will be ready to use and your old account will be closed. There’s a huge choice of current accounts available, so you'll want to pick the one that meets your needs best. HSBC, First Direct and M&S Bank will hike interest rates to 39.9% EAR for arranged and unarranged overdrafts from March 2020. Trust us to explain them simply, We use cookies to give you the best experience. First Direct announced in November that it was bringing in a fee of £10 a month. At the moment, First Direct current account customers pay 15.9% EAR on arranged overdrafts of over £250, or a £5 daily charge if they slip into their unarranged overdraft. If you come back and look up your quotes, you’ll find that all your details are still here and you won’t have to answer the questions again. The Current Account Switch Guarantee means that your new bank takes care of closing your old account, moving your balance and switching your payments. This score is made up of the combination of the digital services a bank offers. We often link to other websites, but we can't be responsible for their content. This is the figure you should use when comparing mortgage products, and all lenders are required to show it. The process is the same everywhere so you can feel confident when you switch, no matter which participating bank or building society you choose. By using our website you agree to our use of cookies in accordance with our, How to choose the right current account for you, get more details on how we work and how we get paid here, Learn more about The MoneySuperMarket app, You must not have been declared Bankrupt or have registered for an Individual Voluntary Agreement within the last six years or be in the process of doing so (Does not apply to M&S Bank), You’ve been accepted onto a full-time UCAS course at a UK institution for at least 2 years, You don’t already have a student account with another Banking institution, You must be aged between 11 and 18 years old, You must have a residential address in the UK, A joint account without the permission of both parties, Reduced foreign currency withdrawal charges. † † Lines are open Mon to Fri 8am to 9pm and Sat 8am to 5.30pm. You must have a current account with the bank – though unlike with M&S Bank, you don't need to have switched to it using the Current Account Switch Service. 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