Best Joint Bank Account in the UK

If you are in the market for a new joint bank account, there are many options to consider. All the

Updated: July 12, 2021

Best Joint Bank Account in the UK

If you are in the market for a new joint bank account, there are many options to consider. All the major UK banks offer joint accounts, but the service and features of these accounts will vary. While the most popular accounts have no service fee, some premium accounts bring you access to perks, such as discounts at popular stores. That said, each account still offers the same level of convenience: either you, your partner or friend can pay in, draw money out, or write cheques. In this post, we will provide an overview of the best joint bank accounts in the UK.

Barclays

Barclays

As a major high-street bank, Barclays offers a range of joint accounts. This makes it easy to manage household bills, draw money for shopping, or save for a rainy day. The most popular joint bank accounts from Barclays are current accounts. You can select from either the Barclays Bank Account, offering all you need for day to day banking, or the Premier Current Account, offering up to £1000 cash machine withdrawals, a fee-free overdraft, plus a variety of other rewards.

HSBC

HSBC

HSBC has both joint current accounts and savings accounts. The company offers a variety of products and services to help you manage your finances together. This includes the HSBC Bank Account, the Advance Bank Account, and the Premier Bank Account. All these accounts include no monthly fee and an overdraft service (subject to status). Advance and Premier accounts qualify you and your partner for discounts and a range of other offers.

Lloyds

Lloyds Bank

Lloyds offers joint bank accounts for ages 19 and above. You can select between UK current or savings accounts, ideal for helping you manage your finances. New accounts are available with a joint Visa debit card and give both account holders the ability to pay in, pay out, or sign cheques. The Current Account Switch Guarantee ensures a speedy, convenient account switch (if you're switching from another bank).

Tesco Bank

Tesco Bank

Tesco Bank provides a joint current account service, which is ideal for married couples, partners, or even friends needing a joint account for convenience. Using Tesco, you can pay in, pay out and manage money online, plus use a Visa debit card for online and offline purchases. Tesco Bank differs from the main high-street banks in that you can collect Clubcard points for every £1 you spend at Tesco supermarkets.

Santander

Santander

Santander lets you choose between joint current or joint savings accounts, giving you plenty of flexibility – whatever your requirements. The bank’s joint current account, known at Santander as a Joint Checking Account, brings all the features of a regular current account (debit card, cheque book, etc.), but with access for two individuals. Additionally, if you are a parent wishing to exercise a level of control over your child's spending, you can also apply for a Santander Youth Savings account, which places you as the legal guardian and co-owner of the account.

CompareBanks
CompareBanks
Hello! We're CompareBanks and helping the UK to compare banks is our main mission. We're here to help whenever you're on the search for a new bank. Compare the market with in-depth and impartial reviews. Read opinions on bank accounts from people just like you. Not only do we compare banks, we also let you review and rate them to help others with your bank experiences. You can trust us to get you on the right track with the best bank for you.

Related Articles

BankRank explained
BankRank explained
When you’re browsing our site you’ll likely see something called ‘BankRank’. This...
July 22, 2021
A Quick Guide to Private Banking
A Quick Guide to Private Banking
When the average consumer opens a new bank account, they choose from a standard...
July 11, 2021
Monzo Calls For Wider Availability Of Gambling Blocks
Monzo Calls For Wider Availability Of Gambling Blocks
Monzo has written a letter to the government, asking for it to force all banks to...
February 16, 2021
Monzo Recruits New US CEO
Monzo Recruits New US CEO
Monzo has announced that it has hired a new CEO to head up their US operations as...
February 11, 2021

Mentioned Banks

About Barclays Bank Barclays is a British multinational investment bank and financial services company. It was founded in 1690 and is headquartered in London. Barclays originated...
Learn More
About HSBC Bank HSBC is a British banking and financial services company. It is the largest bank in Europe and the seventh largest bank in the world. The bank originated in Hong Kong...
Learn More
About Lloyds Bank Lloyds Bank is a British retail and commercial bank. One of the ‘Big Four’ clearing banks, it was founded in Birmingham in 1765. It is the largest retail bank in...
Learn More
About Santander Santander UK is a British bank. Though it is a British company and autonomously managed, it is entirely owned by the Spanish Santander Group. Santander is one of the...
Learn More
Part of one of the world’s biggest supermarket chains, Tesco Finance was launched back in 1997. The Head Office is based in Edinburgh, and although there were bricks and mortar branches...
Learn More

Comments

Leave a Comment