So what sort of bank account are you looking for? A savings account to staff away some cash for a rainy day or a current account for serving your every day needs.

Whatever it is that you need there’s bound to be something out there that you’ll find almost perfect for your needs.

Most bank accounts come with a variety of features including a specified interest rate. Other features will vary from account to account depending on what you have chosen.

Debit cards, master cards, cheque books, online banking, concierge services etc etc. There’s a bank account for everyone, you’ll just have to shop around to find it.

It’s always worth considering your banking arrangements as a relationship. Whilst you hold an account with a Bank, you’re building up a profile which may help the Bank to make a judgement on your future borrowing requirements such as loans, credit cards and mortgages.

Official advice on bank accounts is available here:
http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingMoney/BankAccountsAndBankingProducts/DG_10035164