Compare UK online banks that can offer digital banking services through website and apps.
| Bank | Description | Account Types | Fees | User Interface | Security | Open Account |
|---|---|---|---|---|---|---|
| Wise | International payment provider with the best options for holding your money in a variety of currencies. | Current Account | No monthly fees | Easy to transfer currencies and make cheap international payments | High | Open Account |
| hold money in up to 40 global currencies allowing you to take payments in any currency. Pay globally in any currency you hold with a single debit card around the World. Enjoy up to 4.22% (variable) interest on balances held in GBP, USD or EUR. | ||||||
| Revolut | Online bank and fintech app providing multi-currency accounts and money management tools. | Current Account, Savings Account | Varies (depending on account type) | Modern and feature-rich | High | Open Account |
| Up to 3.44% AER/Gross (variable) interest in savings vaults. Cashback and discounts on spending when you use your Revolut card. Manage monthly subscriptions to easily track and stop unwanted services. | ||||||
| Starling Bank | Mobile-only bank offering current accounts and digital banking services. | Current Account, Joint Account | No monthly fees | User-friendly and intuitive | High | Open Account |
| £0 monthly fee banking. 24/7 customer support with real humans. Instant payment notifications, up to 3.25% savings rates, no fees for overseas transactions. Digital card management. | ||||||
| Monzo | Spend and save in one account. Create “pots” for spending and for specific goals. Up to 5.28% (AER/Gross fixed) interest on savings.Instant spending notifications. 0 fees for spending abroad. | Current Account | No monthly fees | Sleek and intuitive | High | Open Account |
| The joint highest rated (with Starling) bank account in Great Britain and Northern Ireland. Borrowing and premium account options available. | ||||||
Unlock the Power of Online Banking: How to Compare Online Banks
Online banking has transformed the way individuals manage their finances, providing convenient and efficient access to banking services anytime, anywhere. Choosing the best online bank for your needs can be easier with our comparison.
Here are the top online banking providers that can offer seamless, secure, and feature-rich online banking experiences. Here are the elements to look out for and the key metrics to compare when choosing an online bank account to manage your personal income and assets.
- User-Friendly Interface: Get a bank account with a user-friendly interface that simplifies your financial management because you won’t want to have to learn complex systems or suffer clunky and unintuitive apps when you wan to make a transfer, check your account balance or check a payment. We consider elements like how easy the accounts are to use, the ease of navigation, clarity of information, and availability of essential features. Look for platforms that offer intuitive and well-designed interfaces, to ensure you can seamlessly navigate through your account, make transactions, and access important banking functionalities.
- Comprehensive Account Features: Consider the features you need from your online digital bank. Each platform offers slightly different features, tools and services that may benefit some users over others. If you only need basic current account services, direct debits, standing orders to manage your bills then you could consider a simple digital account that only offers these basic features. If you’d prefer an online bank that offers extra features and services like; savings accounts with the best interest rates, investment accounts, credit cards, loans or international payments all in one place then you’ll want to make sure you choose an online bank that offers all of these features.
- Cutting-Edge Security Measures: Security is paramount when moving your banking online. You will want to make sure that any digital account you open and place money in is well secured and well protected from digital fraudsters and online scammers. Check the security features offered by each online banking provider, and use features like multi-factor authentication to help protect your money and prevent unwanted access to your accounts. Consider online banks that offer encryption protocols, fraud detection systems, and regulatory compliance for extra protection. Every online banking platform included in our comparison, protects sensitive financial information and protects your money from unauthorised access and fraudulent activities.
- Seamless Digital Transactions: The ability to conduct seamless digital transactions is a key advantage of online banking. Consider the capabilities of different platforms, most accounts will offer commonly seen payment types like; direct debits, standing orders and regular payment options. However, the best accounts can also include features such as payment notifications on your phone, payment reminders in advance of your payment leaving your account and even balance warnings and reminders if there’s not enough money in your account to process a payment to help prevent you from using your overdraft. Choose a platform that offers robust and user-friendly transaction functionalities, so you can manage your finances efficiently and effortlessly and be sure payments are made on time.
- Customer Support and Reliability: Reliable customer support is essential when it comes to online banking. In the event of an issue or problem, you will want an account that offers efficient and effective customer support. Faster response times from online banking providers can help you get your issue resolved quickly and multiple support channels (for example; live chat, email, phone) can help you get issues solved regardless of how busy you are or whether you’re at home, abroad. Get an online banking platform that offers reliable, consistent and trustworthy channels of communication to help keep your finances running smoothly.
- Mobile Banking Experience: Your smartphone is likely where you will be managing your money. So ensuring that the online bank account you open has a mobile app is important. It is difficult to consider the mobile experience you will get before you open your account, however we will do our our best to ensure we offer transparency and detailed photos as part of our product reviews. Functionality, user interface, and availability of mobile apps on different smart phones, multi device access and available operating systems all play a factor. We prioritise platforms that offer user-friendly and reliable mobile banking experiences, so you will easily be able to manage your finances wherever you are.
Why our Online Bank Comparison?
With our online banking comparison service we offer extensive coverage of online banks, to help users like you that explore your options and consider the benefits and drawbacks of each service before you apply for an account.
Each of our users in unique and we understand that your needs might be very different to that of someone else also looking to open a new digital bank account online. Our comparison encompasses both established and emerging online banking providers, to help you make informed decisions based on your specific needs and preferences.
For your unique banking requirements, compare products here to help save time, whether you need a traditional bank, a digital-only bank, or a hybrid banking solution.