There are three major types of bank accounts

Additionally, there are other types of bank accounts for those with specific needs and requirements include:

Most banks offer quite a wide variety of accounts. In addition to the above mentioned account types, your bank may also offer:

  • Bank Accounts tailored to meet specific religious or cultural requirements
  • Cheque Accounts
  • E-Savings Accounts
  • Foreign Currency Accounts
  • Guaranteed Equity or Fixed Rate Bond
  • Guaranteed Tracker Accounts
  • ISAs
  • Post Office® Account (offered by the Post Office®)
  • Smaller Bond
  • Term Deposit Accounts

See the links above for more detailed information on the variety of bank accounts available and see our bank directory to find out what types of accounts your local bank offers.
 

Always be sure you fully understand what is and is not included, the costs, restrictions and exactly who is offering it before signing up for a bank account or any financial product. For more information see the Financial Services Authority Consumer Information website http://www.fsa.gov.uk/consumerinformation.

None of the information contained in this website constitutes, nor should be construed as Financial Advice.


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