The best reward current accounts available right now
Bank accounts don’t have to be just a place to keep your money. Reward accounts let you get extra perks for banking, with very little effort. These can get you freebies, cashback, and better savings rates or interest on your balance. Plus, you can sometimes pair them with switching bonuses to get even more.
But they aren’t without some drawbacks. A lot of them have fees or requirements, such as a certain amount paid in each month or a number of direct debits set up, but generally speaking, it can be really easy to get the perks. Here are some of the best ones available right now.
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The best reward current accounts
We’ve selected our top picks first, covering both full current accounts and others that are just debit cards, followed by the other key players.
You’ll be able to find extra details, such as fees and requirements, in the additional information sections.
Best Reward Current Accounts
Our top pick
Lloyds Bank Club Lloyds
Customer rating
4/5
- Best forBest for freebies
- FreebieFree Disney+ or 6 cinema tickets
- Exclusive savings8% Regular Saver
- Switch offer£200
- FSCS Protected? Yes
- Fees £5 per month but can be waived if you pay in £2,000 each month
- Annual rewards Choose from Disney+ subscription, cinema tickets, magazine subscription or Gourmet Society membership
- Savings rate 8% regular saver
- Interest paid For the first £3,999 held in your actual current account, you’ll receive 1.5% interest. Then you’ll get 3% on the next £1,000.
- Requirements Must log into the mobile app every month.
- Direct debits required Must have two direct debits, or three to qualify for the £200 switch incentive
- Eligibility Must be over 18 and a UK resident
- Restrictions You can't have two Club Lloyds accounts
- Overdraft requirements None
Monzo Perks
Customer rating
4.9/5
- Best forBest perks
- Annual perksFree Uber One and Railcard
- Monthly perksFree cinema ticket
- Weekly perksFree Greggs
- Fees £9 per month
- Annual rewards Annual Uber One membership (excluding the free Disney+), Free railcard
- Other rewards Free Greggs every week and a cinema ticket every month
- Savings rate 3.25% easy access savings
- Eligibility Must be over 18 and a UK resident
- Important details If you cancel within 12 months, you may have to pay to keep your Railcard
Customer rating
3.8/5
- Best forCashback on bills
- Cashback1% cashback on bills (up to £10 per month)
- Regular savings8% regular saver
- Fees £3 per month
- Cashback Can earn 1% cashback on bills, up to a maximum of £10 per month
- Savings account 6% AER (variable) interest on up to £4,000 — includes 2.00% AER (variable) bonus rate for the first 12 months from opening
- Eligibility Must be over 18 and a UK resident
- Regular saver 8% (variable) regular savings account. Includes 5% (variable) bonus for 12 months
Other Reward Current Accounts
Barclays Blue Rewards
Customer rating
4.1/5
- FreebieFree Apple TV+ and MLS Season Pass
- CashbackAvailable from selected retailers
- FSCS Protected? Yes
- Annual rewards Choose from Disney+ subscription, cinema tickets, a magazine subscription or a Gourmet Society membership
- Subscriptions You can get a free Apple TV+ subscription as well as a Major League Soccer subscription
- Cashback You get access to Cashback Rewards, a scheme that gets you cashback at selected retailers when you use your Barclays card.
- Fees £5 a month
- Eligibility Must be over 18 and a UK resident
- Deposit requirements Must pay £800 per month into the account
- Requirements Must have access to Online Banking or the Barclays app
- Exclusive savings 4.36% AER on savings up to £5,000 and 1% over this
Nationwide FlexDirect current account
Customer rating
4.5/5
- Interest5% AER for 12 months
- Cashback1% cashback on spending (up to £5 per month)
- Fees Free
- Cashback Earn 1% on your debit card spending, up to a maximum of £5 per month in cashback.
- Account interest 5% paid on your account balance up to £1,500 for 12 months. 1% after this.
- Overdraft £50 interest-free overdraft
- Eligibility Must be over 18 and a UK resident
- Requirements Must register for online banking during your application.
- Deposit requirements You need to pay in at least £1,000 each month to get the rewards
- Restrictions Can't hold more than four sole or joint Nationwide current accounts
- Overdraft requirements None
NatWest Reward Current Account
Customer rating
4.7/5
- Monthly reward£3 (after fee)
- CashbackAvailable from selected retailers
- FSCS Protected? Yes
- Fees £2 per month
- Cashback You can get cashback at some partner retailers, paid as rewards
- Eligibility Must be over 18 and a UK resident
- Important details Earn £4 a month for two or more Direct Debits of at least £2 and earn £1 a month for logging into the mobile app. From 1 October 2026, you will no longer earn £1 from logging into the mobile app.
Types of Reward current and debit card accounts
Cashback accounts
There are a handful of accounts that will pay you cashback – effectively money back on your everyday spending. Some will do this on direct debits (Santander Edge, Edge Up and Biscuit by Zopa), while others will pay this on debit card spending (Chase, Trading 212, Nationwide FlexDirect).
Some debit card only accounts offer the chance to earn points on your spend (Hilton Honours, Yonder).
Freebie accounts
You can get free tickets, subscriptions and more from some reward accounts. Club Lloyds offers cinema tickets, Disney+, Gourmet Society or a magazine subscription. Monzo Perks provides Uber One membership, a railcard, monthly cinema tickets and weekly Greggs, though you’ll pay £7 a month.
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Plus, new TopCashback customers get a high paying £18 welcome offer
Cash rewards
Others will pay you a monthly cash bonus, though a fee will reduce the profit. The NatWest Reward and RBS Reward accounts, and TSB’s Spend and Save and Spend and Save Plus accounts will each earn you £5 a month.
High interest on savings
You can access exclusive savings rates as a reward with a number of accounts. Most are via regular savers (First Direct, Biscuit by Zopa, Club Lloyds) but you can also get a linked saver (Santander Edge, Chase) or interest on the account balance (Nationwide FlexDirect, Trading 212 and Biscuit by Zopa).
Bank switch offers
Many of the reward accounts will also offer bank switch offers. Though not always restricted to reward accounts, it’s often worth stacking your perks with both the switch offer and reward. We’ve listed all the latest bank switch deals in our separate guide.
