first direct Current Accounts

first direct Current Accounts logo
  • Compare first direct current account products in the table below.
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Compare first direct Current Accounts

  • first direct logo

    First Direct 1st Account

    • Monthly Fee
      Free
    • Interest Rate
      0%
    • Arranged Overdraft Rate
      0%
    • Minimum Monthly Credit
      None
    See Deal + More info
    Offer
    Get £175 when you switch to First Direct To qualify, switch using the Current Account Switch Service and deposit £1,000 within 3 months of account opening. This offer is only available to new First Direct customers, or HSBC customers haven't opened an account since 1 January 2020.
    Representative Example: If you use an arranged overdraft of £1,200, you'll be charged the equivalent annual rate of 39.9% EAR (variable). Representative APR 30.5% (variable). 0% EAR variable on the first £250.

Compare similar products from other providers

  • Revolut logo

    Revolut Current Account - Standard Plan

    • Monthly Fee
      Free
    • Interest Rate
      Up to 1.18%
    • Arranged Overdraft Rate
      24.99% - 39.90%
    • Minimum Monthly Credit
      None
    See Deal + More info
    Offer
    Sign up and get 3 months of Premium free Get upgraded to Premium (worth £6.99 per month) for free. T&Cs apply.
    Representative Example: 0% interest up to £50. If you use an arranged overdraft of £1,200, you'll be charged the equivalent annual rate of 35% EAR (variable). Representative APR 35% (variable)
  • The Co-operative Bank logo

    The Co-operative Bank Everyday Extra Packaged Bank Account

    • Monthly Fee
      £15
    • Interest Rate
      0%
    • Arranged Overdraft Rate
      35.9%
    • Minimum Monthly Credit
      None
    See Deal + More info
    Representative Example: If you use an arranged overdraft of £1,200, you’ll be charged the equivalent annual rate of 35.9% EAR (Variable). Representative APR 35.9% (Variable).
  • The Co-operative Bank logo

    The Co-operative Bank Standard Current Account

    • Monthly Fee
      Free
    • Interest Rate
      0%
    • Arranged Overdraft Rate
      35.9%
    • Minimum Monthly Credit
      None
    See Deal + More info
    Representative Example: If you use an arrange overdraft of £1,200, you’ll be charged the equivalent annual rate of 35.9% EAR (Variable). Representative APR 35.9% (Variable).
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Last updated on 22 February 2021.

First Direct Current Accounts FAQ

Who is First Direct?

First Direct was set up as a bank in 1997 and is known for providing telephone and online banking services to consumers. It offers services such as bank accounts, mortgages, loans and savings, as well as insurance. It is a division of the HSBC Group.

What features and services does a First Direct current account offer?

The 1st Account from First Direct offers a range of banking services for its account holders, including the ability to pay into their account in Post Offices or in HSBC branches. They can also apply to use an overdraft with their account.

Who can apply for a First Direct current account?

First Direct says that anyone who has a UK address and is over 18 can get a 1st Account providing they have not been declared bankrupt or signed up to an Individual Voluntary Agreement over the past six years.

How can I apply for a 1st Account with First Direct?

You can apply online or over the telephone. You will need to provide documents to support your application including forms of identification and proof of address, such as a passport and a utility bill. The bank may also want to verify your credit rating and your financial income and outgoing, as well as your employment status.

Can I switch my account to a First Direct current account?

Yes, you are able to do this easily through the Current Account Switch Guarantee service, which removed much of the legwork from switching accounts.

Can I use an app to manage by 1st Account?

Yes, First Direct offers account holders the chance to manage their account through their mobile app. It also carries Apple Pay and Google Pay features, as well as contactless payments when using the debit card.

Can I add on extra perks to the account?

You are able to pay an extra monthly fee for additional features and insurance products added to your account, such as travel insurance and mobile phone cover. Other extras include things like breakdown cover. It is sensible to think carefully about whether the additional fee for these benefits is less than they would cost you to arrange independently. This is particularly true if you have already paid for separate breakdown cover, for example.

Services offered by this provider may change over time. Always check Ts&Cs.