December 2024’s current account news & offers 

December’s present account provides

Newest financial institution switching offers

Affords are beginning to disappear! The £200 provide from Lloyds ended 10 December, whereas the £180 from NatWest, promotion is because of finish 11 December.

That leaves 4 extra, however we don’t know once they’ll finish and will properly observe, so if you wish to take benefit it is sensible to behave quick. Click on the hyperlinks for full evaluation of every provide.

Nationwide is offering £175 for a private account and one other £175 for a joint account swap, so a pair may doubtlessly get £525.

First Direct’s switching offer can be for £175. Don’t overlook you may entry a 7% regular saver with this financial institution.

There’s £150 available from Santander, and you may get 6% interest and 1% cashback on payments.

Lastly Co-op Bank has a £75 switch offer, with one other £75 out there in case you stick round for 3 months.

Monzo provides free Vue ticket to Perks and Max

When you go to the cinema each month, then it’s price trying once more on the Monzo Perks current account package deal. This prices £7 a month and also you’ll get a free ticket to Vue, in addition to an annual railcard and a free weekly Greggs deal with.

You’ll get the identical freebies on the Monzo Max account, together with extras like journey insurance coverage and cell cowl. Nevertheless that is costlier at £17 a month, and prices and further £5 a month if you’d like it cowl your loved ones too.

Get the perfect of our cash saving content material each Thursday, straight to your inbox

+ Get a £20 Quidco bonus (new members solely). More details

December’s present account information

Nationwide FlexPlus payment improve

On 1 December 2024, the month-to-month cost for the packaged Nationwide FlexPlus current account elevated from £13 a month to £18 a month. Which means it’s an additional £60 a 12 months.

When you’re already an account holder, it’s price checking other packaged bank accounts to see in the event that they’re cheaper and higher suited. Otherwise you may even not want a packaged account in any respect in case you’re not likely utilizing these providers.

Monese dormant payment warning

Monese was a good spare account to have as there have been common particular provides saving you 50% on reward playing cards. Sadly that resulted in January, and I’ve not touched my account since then. If that’s the identical for you then it may be capable to value you cash.

That’s as a result of on 19 December 2023, Monese added a brand new rule the place if a Easy account (the free one) is just not used for 12 months they’ll begin charging £1 a month. Which implies that first 12 months is sort of right here.

So your job this month is to both cancel your account or switch over some money. Bear in mind too you’ll be charged to make an outgoing switch, so that you’ll need to spend by way of the debit card to get than a reimbursement.

Unbanx closes down

You could have signed up for knowledge sharing app Unbanx to earn factors every day it was related to your present account. Effectively, it’s now closed down, so it’s price looking to see in case you can money in any factors on the app.

My high present accounts for December 2024

I at all times assume it’s price having multiple present account (find out why here) and right here’s my run-down of the highest accounts to have this month.

1. Finest account for on a regular basis banking / app – Starling (review)
2. Finest account for on a regular basis spending – Chase (review)
3. Finest account for payments – Santander Edge (review)
4. Finest account for rewards – Halifax Reward (review)
5. Finest account for financial savings curiosity – Santander Edge (review)