What are the advantages of a current account?

A current account gives you a central hub for your everyday finances – receive your salary via BACS or Faster Payments, set up direct debits and standing orders for bills, and spend with a debit card wherever you need to. Eligible deposits are FSCS-protected. Unlike savings accounts, there are no restrictions on how often you can transact. With Biscuit, you also earn interest on your balance and cashback on your Direct Debits. For a broader overview, read our guide to current accounts.