Current accounts are probably the most common types of bank accounts for managing your day to day finances, most if not all high street banks will have a good current account.
Current accounts tend to offer the same services as basic bank accounts with some extras such as cheques books, overdrafts, if you want more than a basic account can offer then this is the account for you
What does a current account offer?
- Somewhere to receive money (wages, pension, benefits, etc)
- Pay in cheques and cash (free)
- Pay bills via direct debit
- Withdraw cash from cash machines
- Make payments via debit card
- Set up standing orders
- Overdrafts (mostly for a fee)
- Interest on your money (although very very low interest - if offered at all)