The perfect bank account to maximise your spending and saving
Compare our current account against other free bank accounts
Grow your dough faster. Compare how Biscuit's cashback, perks and tasty savings rates compare against the competition – and how much you could earn when you make the switch.
| Bank account | Financial value per year | Interest on easy-access saver (AER*) | Interest on current account (AER*) | Interest on Regular Saver pot (AER*) | Cashback on bills |
|---|---|---|---|---|---|
 Biscuit by Zopa | £647 | 4.75% | 2% | 7.10% – monthly deposit limit: £300 | 2% |
 Everyday Current Account by Santander | £230 | 2.00% (variable) | 0% | 5.00% – monthly deposit limit: £200 | 0% |
 Classic Account by Lloyds | £176 | 1.10% (variable) | 0% | 5.25% – monthly deposit limit: £250 | 0% |
 Bank Account by HSBC | £176 | 1.15% (variable) | 0% | 5.00% – monthly deposit limit: £250 | 0% |
 Everyday Account by Natwest | £140 | 1.06% | 0% | 5.50% – monthly deposit limit £150 | 0% |
We compared the value offered by free UK current and savings accounts, using data accurate as of 10 October 2025. See our comparison methodology.
4.75% AER (4.64% gross) variable combines 3.25% AER variable with a 1.50% AER fixed bonus when you fund your Biscuit bank account with £500+ a month for 12 months. £647 is based on customers maximising their benefits with average UK account balances and completing the bonus challenge.
*AER stands for 'annual equivalent rate'. We pay you interest on a monthly basis, but AER shows you the rate you’d get if this monthly interest was compounded and paid once a year instead. We provide an AER to make it easier for you to compare our rates with other providers.
**We pay gross interest, which means nothing is deducted for tax.
Make your savings extra jammy with 4.75% AER*
Start earning 4.75% AER* (4.64% gross**) on your easy-access savings when you pay £500+ into Biscuit each month. The rate applies to any money you hold in an Access pot – with instant access whenever you need it.
It’s a great option if you already have savings or want full flexibility, so your money earns more while always staying close to hand.
Easy-access savings
Grow new savings with a tasty 7.10% AER* Regular Saver
Save up to £300 a month and watch a new Regular Saver pot build at 7.10% AER* (6.87% gross**). You can withdraw anytime, but this pot is designed to reward steady monthly saving.
It’s ideal if you’re starting a savings habit from scratch or want to put a little aside each month towards a goal. Assuming this rate stays the same for the next 12 months, you could earn up to £137 a year.
Regular Saver
Watch your dough rise with 2% AER* on your bank balance
You get 2% AER* (1.98% gross**) on your current account balance – with no limit on the interest you can earn. This rate is fixed for 12 months and variable after that.
Sweeten your spending with 2% cashback on bills
Earn 2% cashback on up to £1,500 of Direct Debits per year. And we’ll guarantee this rate for 12 months.
Take Biscuit abroad – no overseas card spending fees
Whether it’s a long-haul holiday or a weekend break, you won’t pay any fees to spend on your card abroad. You’ll get the real Visa exchange rate – no added fees from us. ATM withdrawal fees may apply when using your card abroad.
Learn more about using your card abroad.
Effortless money management, all in a simple app
With products that are easy to use and value that’s hard to beat, we’ve found a winning recipe that our customers love.
Who can open a Biscuit bank account?
To open an account, you’ll need to:
Be aged 18+.
Be a UK resident and only have tax residency in the UK (which excludes the Channel Islands and the Isle of Man).
Not be a United States citizen.
Pass any checks we're required to do by law or regulation.
Learn more about Biscuit eligibility.
Why you should choose our high-interest bank account
Our Biscuit current account may be fresh out of the oven, but the rewards speak for themselves — and other people are doing some talking, too.
Biscuit was recently rated #1 for cashback, perks and regular savings by MoneySavingExpert, and Which? named it as one of the most competitive Regular Saver accounts available. Not bad for a newbie.
Here are a few other reasons why people are choosing to join Zopa.
Turn to Zopa for award-winning banking
With products that are easy to use and value that’s hard to beat, we’ve found a winning recipe that our customers love.
11 times winner at the British Bank Awards
Best Credit Card Provider British Bank awards 2025
Best Personal Loan Provider British Bank awards 2024
Best Savings App Moneynet 2024
Our bank account might be new, but Zopa isn’t
Zopa has over 20 years’ experience helping people make more of their money. Today, customers trust us with over £5.5 billion in savings, and more than 1.4 million people use Zopa across savings, credit cards and loans. So, you’re in safe hands with Zopa.
Your money’s fully protected
Your eligible deposits, meaning the money you hold with Zopa, are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. Any money you hold above this limit is unlikely to be covered.
Please ask for further information or visit www.fscs.org.uk.
Support when you need it
Our customer support is available Monday to Saturday
Our team is here when you need us, speak to real people, not bots.
Contact us via in-app chat or phone.
Zopa is trusted by over 1.4 million customers
Zopa has over 20 years’ experience helping people make more of their money. Today, customers trust us with over £5.5 billion in savings, and more than 1.4 million people use Zopa across savings, credit cards and loans. So, you’re in safe hands with Zopa.
