Choose the best bank account for you

Many current accounts insist that their customers deposit a minimum amount of money into it each month (typically their principal wage), otherwise they must pay a default fee. Our account does not have any minimum monthly deposit requirement, and no default fee.

Some bank accounts charge their customers a monthly fee for having the account. The Starling Bank account does not have any monthly charge.

Starling Bank allows you to set up savings pots to help put money aside separate from the main current account.

The mobile app includes a tool that allows the user to split a bill and send payment requests to a group of people to share and settle a bill.

Starling Bank offers the facility to round up any debt card transactions to the nearest pound and transfer the difference into a savings space.

Many current accounts don’t pay interest on any credit balance you have in your account. Our account pays interest on your balances: 3.25% AER / 3.19% Gross (variable) on balances up to £5,000. Interest is calculated daily and paid monthly.

Some providers will provide a 24 hour live chat service when banking with the mobile app. We offer this service.

Overdrafts with Starling are approved up to a certain limit from the moment you open your account, which you can accept. Within the app you can set the amount of overdraft you need within that limit by adjusting a slider within the app.

With our account if you go overdrawn you only pay interest for the amount you borrow, while you are overdrawn. The Representative APR is the rate which 51% of customers will actually get. Interest is accrued daily, and charged on the 15th of the following month

With the Starling Bank account if you go into an unarranged overdraft there are no charges.

The total cost of having an arranged overdraft of £500 for 7 days with Starling Bank based on the representative APR would be £1.35.

The total cost of having an arranged overdraft of £500 for 30 days with Starling Bank based on the representative APR would be £5.81.

The total cost of having an arranged overdraft of £500 for 60 days with Starling Bank based on the representative APR would be £11.62.

Some providers mobile apps allow a customer to be able to view recent transactions made as pending transactions, waiting to be processed. Our mobile app allows you to see all transactions in real time.

Some providers online banking service allows a customer to be able to view recent transactions made as pending transactions, waiting to be processed . Our mobile app allows you to see all transactions in real time.

Some accounts allow you to set your own contactless limit using the mobile app or online banking. Starling Bank allows you to set the limit between £10 and £90 using the app.

A daily ATM withdrawal limit can be set within the Starling Bank mobile app

The Starling Bank mobile app can be used to restrict online transactions to certain times or limits.

Some accounts offer the facility through the mobile app to lock and unlock all transactions, and/or cancel the debit card for security purposes. Starling Bank allows you to do all of these.

With the Starling Bank account you do not pay any fees to use your debit card for purchases while in Europe. If you pay in the local currency we will convert that cost to Sterling using Mastercard’s globally accepted exchange rate.

With the Starling Bank account you do not pay any fees to withdraw foreign currency from a cash machine while in Europe. We will convert the cost of any money you withdraw using Mastercard’s globally accepted exchange rate. Just like in the UK though some ATM providers might charge you a fee for withdrawing cash from their machines.

With the Starling Bank account you do not pay any fees to use your debit card for purchases worldwide outside of Europe. If you pay in the local currency we will convert that cost to Sterling using Mastercard’s globally accepted exchange rate.

With the Starling Bank account you do not pay any fees to withdraw foreign currency from a cash machine while anywhere in the world outside Europe. We will convert the cost of any money you withdraw using Mastercard’s globally accepted exchange rate. Just like in the UK though some ATM providers might charge you a fee for withdrawing cash from their machines.

The ability to use mobile phone payment methods is important to many people. With our account you can use Apple Pay, Google Pay, and Samsung Pay.

If you want to send money to someone in the UK you can use our app to make an immediate domestic payment through the UK's Faster Payments network of up to £250,000 per transaction. Recipients typically receive the funds almost immediately, although they can sometimes take up to two hours.

Cheque imaging is used across UK banks which sends images of cheques to the cheque clearing service, rather than the paper cheques. This has reduced cheque clearing time to 2 days. Starling Bank offers the cheque imaging service on its app, which means a cheque can be photographed using the app rather than having to visit a branch.