Which Bank Account is right for me?
Explanatory notes
DD = Direct debits
SO = Standing orders
U/B = Undischarged bankrupt
F = Record of fraud
B/D = Record of bad debts
|
Bank
|
Account name
|
Min age
|
Min amount
|
Free buffer zone
|
DD & SO1
|
Charge for unpaid DD1
|
Charge for unpaid SO
|
Debit card
|
Application may be declined
|
|
Alliance & Leicester:
|
Basic Cash Account
|
16
|
None
|
No
|
DD only
|
£34
|
No SO
|
No
|
U/B
|
|
Bank of Ireland:
|
Basic Cash Account
|
16
|
None
|
No
|
Yes
|
£383
|
£38
|
No
|
U/B, F
|
|
Bank of Scotland:
|
Easycash
|
16
|
None
|
No
|
Yes
|
£39
|
£39
|
Yes
|
U/B, F
|
|
Barclays:
|
Cash Card Account
|
182
|
None
|
Yes
|
Yes
|
£15
|
£15
|
No
|
F
|
|
Clydesdale:
|
Readycash
|
16
|
None
|
No
|
Yes
|
£35
|
£35
|
Yes
|
U/B, F
|
|
Co-operative Bank:
|
Cashminder
|
16
|
None
|
No
|
Yes
|
£19.503
|
£19.50
|
Yes
|
F
|
|
First Trust Bank:
|
Basic Bank Account
|
16
|
None
|
£10
|
DD only
|
£38
|
No SO
|
No
|
U/B, F, B/D
|
|
Halifax:
|
Easycash
|
16
|
None
|
No
|
Yes
|
£39
|
£39
|
Yes
|
U/B, F
|
|
HSBC:
|
Basic Bank Account
|
18
|
None
|
£10
|
Yes
|
No 3
|
No
|
No
|
U/B, F
|
|
Lloyds TSB:
|
Cash Account
|
182
|
None
|
£10
|
Yes
|
£35
|
£35
|
No
|
U/B, F
|
|
Nationwide Building Society:
|
Flex Cash Card
|
16
|
£1
|
No
|
Yes
|
£30
|
£30
|
No
|
F
|
|
NatWest:
|
Step Account
|
16
|
None
|
No
|
Yes
|
£38
|
£38
|
Yes
|
U/B, F
|
|
Norther n Bank:
|
Northern Personal Access
|
14
|
None
|
£10
|
Yes
|
No
|
No
|
No
|
U/B, F, B/D
|
|
The Royal Bank of Scotland:
|
Key Account
|
16
|
None
|
No
|
Yes
|
£38
|
£38
|
No
|
U/B, F
|
|
Ulster Bank:
|
Step Account
|
16
|
None
|
No
|
Yes
|
£30
|
£30
|
No
|
U/B, F
|
|
Yorkshire Bank:
|
Readycash
|
16
|
None
|
No
|
Yes
|
£35
|
£35
|
Yes
|
U/B, F
|
|