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Most mainstream banks charge fees to have an account, so it’s important to research which ones have the best deals. Look for things like 12 months without fees. Below are some typical fees that you might come across when deciding on a bank account;

  • ATM fees
  • Account fees
  • Withdrawal and deposit fees
  • Inactive account fees
  • Management fees
  • Credit card processing fees
  • Interest fees on loans

As you’re just starting up, you may feel reluctant to have to pay the monthly fees. We’ve provided you with a list below of banks that are FREE if you’re UK based.

  • Starling Bank
  • Tide
  • Mettle
  • Anna

Just remember that a FREE account is not guaranteed so you will need to apply and wait for an answer.