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Basic bank accounts

Basic bank accounts are designed to help low income families and those that struggle to obtain a regular current account because of bad credit. A basic bank account is an attractive option for anyone applying for their first bank account, or for people worried about over spending as they do not provide overdraft facilities.

A basic current account is straightforward and simple to manage. They allow you to receive the kind of benefits you may expect from a standard current account such as receiving money and paying bills by direct debit.

If you are considering applying for a basic current account it is important to shop around for the best deal. With myfinances.co.uk the process of searching the UK market for the best basic bank account is made simple. Here you can compare basic bank accounts from a range of companies and find the best basic current account for you.

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