Best current account opinions?

Jimmay12345

At the mo I'm with Lloyds bank thinking of switching to get a bit of a better deal.
As it stands I'm charged for buying online in foreign currency and it is quite expensive.
I'm looking for a free account with a debit card.
With a view to upgrade from there at some point to their premium account

Any suggestions?

colsten

Have you investigated these articles:

http://www.moneysavingexpert.com/banking/compare-best-bank-accounts

http://www.moneysavingexpert.com/travel/cheap-travel-money

?

Jimmay12345

I was thinking natwest for the cashback and insurance on their silver account but reviews look kinda crappy

Jimmay12345

I haven't yet il take a gander

grumbler

First you say that you want a free account with no charges for currency conversion.

Then you say that you were thinking about Natwest Silver that isn't free and comes with a "card from hell" in terms of the overseas charges as per MSE's classification.



The only free current account with no charges for conversion worldwide is with exotic Cumberland Building Society (NW England & SW Scotland).

Norwich & Peterborough BS Gold Classic current account is not free, but the fee can be avoided by some jumping through hoops.

Metrobank doesn't charge for conversion, but in Europe only.

Archi_Bald

Are you planning to use the account for business purposes? In which case you would require a business account.

Archi_Bald

Ignore what kris1985 says - see http://forums.moneysavingexpert.com/showpost.php?p=67529398&postcount=4

Gizmo247

Perhaps looking for a free account is not the right approach but look at the cost/benefit compared to what you are paying out now.

You could look at moving straight to a Nationwide FlexPlus packaged account. In my opinion, at £10pm it offers good value and gives you commission-free currency exchange and 3% on balances up to £2,500.

grumbler

Archi_Bald wrote: »

Ignore what kris1985 says - see http://forums.moneysavingexpert.com/showpost.php?p=67529398&postcount=4

I suggest clicking and then to the abuse team instead of ignoring.