Looking for a new current account - but not a switch

moneyunwise

I am looking for a new current account but it won't be a full switch. My salary won't be going into it but there will be a several utility direct debits coming out. However there are entertainment direct debits which I will be leaving in the original account. Basically, I am looking to move away from all my different financial bits being with Barclays and I don't want the headache of all my payments being in one account which is what I have now. Pure laziness on my part.

I looked into current accounts but they all seem to be based on a full switch. I won't be doing a full switch. Any ideas? Overdraft charges aren't really an issue because it won't be my spending current account. I will be transferring money into it regularly to pay for those bills but not my salary.

Martin_the_Unjust

Have a look at chase 

https://www.chase.co.uk/gb/en/

artyboy

The advertising around a lot of current accounts may be focused on switching to them for their incentives, but I don't think you'll find that any of them will stop you simply opening an account without switching.

So assuming you're not bothered about the incentive, just go for whatever account you've seen that you like the look of...

Catplan

Several utility DD’s you should look into Santander 123 Lite, £2 a month fee but cash back on utilities. If you make more than the fee then might be worth it. Plenty options though.

Zanderman

moneyunwise said:

....I looked into current accounts but they all seem to be based on a full switch. ...

No current accounts, as far as I know, are based on a switch at all.

Promotional offers for the accounts often are.

But not the accounts - you find an account you want and apply for it.

Don't get distracted by switches.

blue.peter

As others have said, switches can be beneficial, but aren't required. FWIW, I recently opened a Virgin M Plus and didn't switch to it from another account: it's an addition to my existing current accounts. This one gives 2% on a balance of up to £1,000 and the associated savings account gives 1.7% on a balance of up to £25,000. It's a good one if you have savings.

See https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/ here for MSE suggestions that you might consider.

Olinda99

Just go to Lloyds, Nationwide, whatever web site, apply for a current account, when you are asked if you want to switch your existing account in just select 'no'.

Rob5342

You can open any account without switching. I'd suggest one of the modern app only banks like Starling, Monzo or Chase.

anotheruser

But think about if you need access to a branch on the high street.
Unlikely for the account you have described that you want, but worth a quick 5 second think.

ZeroSum

From what you describe, Santander 123 lite is your best option 

moneyunwise

Thanks all. The sites do look like they are designed for switching but I guess that is what they are looking for as an incentive. So I will pick one.