Comparing and Switching Bank Accounts
Getting the best deal possible from banks and building societies and having access to appropriate financial products and services.
Switching Current Accounts
Are you getting the best from your current account? Our latest figures (Consumer Insight Survey - March 2018) suggest that only 40% of Northern Ireland consumers have switched current account providers in the past. You can compare different banks by using our current account comparison table.
Current Account Comparison Table
Our current account comparison table displays the current account products (with overdraft facilities) currently available from providers in Northern Ireland (NI). With this information, you will be able to compare offerings from other providers in NI and check if you are getting the most from your account. It will allow you to check:
- what interest (if applicable) you are earning on your current account or could be earning if you switched;
- the fees and charges on your account (eg account fees, authorised and unauthorised overdraft fees and charges);
- if there is any eligibility criteria (eg minimum monthly funding requirements);
- how you can access these accounts (eg in branch, via telephone, online); and
- the account provider’s website for further details and terms and conditions.
Before using our current account comparison table see our useful jargon buster (click here), which will help you understand what all the jargon (or terms) associated with current accounts actually mean.
Please note this comparison table does not show what incentives are available for the accounts (such as switching incentives, cash back or travel insurance) nor does it include fees for payments refused due to lack of funds. Consumers are however provided with a direct link to the providers’ current account website pages where they can gather this additional information if required.
Other accounts are available such as student accounts and basic bank accounts that may be better suited to your needs. Check with the banks for further information on these types of accounts.
Current Account Switch Service
The Current Account Switch Service makes switching your current account between banks and building societies simple, reliable and stress-free. The switch will be completed in seven working days and your new bank or building society will take care of moving all your incoming and outgoing payments, your outstanding balance and closing your old account. Any payments made to your previous account will be automatically directed to your new one and you can enjoy the peace-of-mind offered by the Current Account Switch Guarantee. - http://www.currentaccountswitch.co.uk