Which online bank is best in the UK?
The best online banking can be different for different customers. It all depends on your needs, preferences, and banking habits. The field of mobile banking and online banking is actively developing in Great Britain. Digital banks, which are known for their innovative functions and convenient interfaces, are quite popular. According to the latest monitoring, the TOP of the best online banks included: Monzo, Starling Bank, Revolut, Tide, etc. Each of them has its advantages and disadvantages.
We suggest considering the main parameters that should be taken into account when choosing the best web banking:
- Interaction with the user. It is better to choose a bank with an application that is easy to use and has a high rating of reviews.
- Fees and Charges. Find out about transaction fees for basic banking services when you do them through the online banking system
- Functions and services. Choose telephone, web banking with the functionality that best meets your needs.
- Customer service. It is worth choosing a bank that is ready to provide support not only on working days but also on weekends. Some banks offer technical support and support around the clock
- Security. Online banking should be safe and protected from fraudulent activities. Usually, such systems have two-factor authentication
- Look for additional benefits and bonuses. Some banks are generous with them
If you carefully analyze each parameter, you will find the best online banking, mobile app and be able to use banking services easily, quickly, and reliably.
You can also place free funds on a savings account.
Calculate your future income on a savings account (example):
| Amount, $ | Rate, % | Accrued %, $ |
| 30,000 | 4.35% | 1,305 |
| 30,000 | 4.40% | 1,320 |
| 30,000 | 4.45% | 1,335 |
| 80,000 | 4.85% | 3,880 |
| 80,000 | 4.90% | 3,920 |
| 80,000 | 4.95% | 3,960 |
| 190,000 | 5.35% | 10,165 |
| 190,000 | 5.40% | 10,260 |
| 190,000 | 5.45% | 10,355 |
| 340,000 | 5.85% | 19,890 |
| 340,000 | 5.90% | 20,060 |
| 340,000 | 5.95% | 20,230 |
What functions can I get via a telephone banking?
Telephone banking in the UK offers a range of functions that allow you to manage your bank accounts and conduct transactions over the phone. These services are particularly useful for those who prefer not to use online or mobile banking or need to access banking services without internet access. Here are the common functions you can typically access via telephone banking in the UK:
- Account Balance Enquiry
- Transaction History
- Money Transfers
- Bill Payments
- Standing Orders and Direct Debits
- Cheque Book and Statement Requests
- Account Queries and Support
- Card Services
- Loan and Credit Card Services
- Foreign Exchange and Travel Services
- Fraud Alerts and Security
- Account Management
See the similar FAQ about the UK banks:
- How do I open a business account in Metro Bank online?
- How many times may a failed HSBC secure key be entered before it is locked
- How much does bankers draft cost in HSBC?
- How to open a bank account in Lloyds?
- How to open a business bank account with Lloyds?
- Lloyds business banking app
Details of companies offering the financial services:
Bank of Scotland
Head office’s address: The Mound, Edinburgh EH1 1YZ
Phone: +44 (034) 5721 31 41
Web-site: http://www.bankofscotland.co.uk/
Swift code: BOFSGB31
Reference number: 169628
Stock code: 0076540
ABN: SC327000
BSB: BOFS
Barclays Bank
Head office’s address: 1 Churchill Place, London E14 5HP
Contact center: 0800-400-100
Phone: +44 (034) 5734 53 45
Web-site: http://www.barclays.co.uk/
Swift code: BARCGB33
Reference number: 122702
Stock code: BARC
ABN: 01026167
BSB: BARC
Chase
Head office’s address: 4 Lombard St, London EC3V 9AA
Contact center: 0800 376 3333
Phone: +44 203 493 0829
Web-site: https://www.chase.co.uk/gb/en/
First Direct
Head office’s address: 40 Wakefield Road, Leeds LS98 1FD
Contact center: +44-345-610-0100
Web-site: https://www.firstdirect.com/
HSBC Bank
Head office’s address: Unit 8, Canada Square, Retail, London E14 5AH
Phone: +44 345 740 4404
Web-site: https://www.hsbc.co.uk/
Swift code: HBUKGB4B
Reference number: 114216
Stock code: HSBA
ABN: 00014259
BSB: HBUK
Lloyds Bank
Head office’s address: 25 Gresham Street, London EC2V 7HN
Contact center: 0345-300-0000
Web-site: https://www.lloydsbank.com/
Swift code: LBGTGB22
Reference number: 119278
Stock code: LLOY
ABN: 00002065
BSB: LBGT
Monzo Bank
Head office’s address: Broadwalk House, 5 Appold St, London EC2A 2AG
Contact center: 0800 802 1281
Phone: +44 20 3872-0620
Web-site: https://monzo.com/
Nationwide
Head office’s address: Nationwide House Pipers Way
Contact center: 0800-30-20-15
Phone: +44 (034) 5730 20 15
Web-site: http://www.nationwide.co.uk
Swift code: NBSMGB22
Reference number: 106078
Stock code: NBS
ABN: 355B
BSB: NBSM
NatWest Bank
Head office’s address: 250 Bishopsgate, London, EC2M 4AA
Contact center: 0800-88-11-77
Phone: +44 345 788 8444
Web-site: https://www.natwest.com/
Swift code: NWBKGB2
Reference number: 121878
Stock code: GBP1
ABN: 00929027
BSB: NWBK
Revolut UK
Head office’s address: London
Web-site: https://www.revolut.com/
Santander
Head office’s address: 2 Triton Square, Regent's Place, London, NW1 3AN
Contact center: 0800-389-7000
Web-site: http://www.santander.co.uk/
Swift code: ABBYGB3E
Reference number: 106054
ABN: 02294747
BSB: ABBY
Starling Bank
Head office’s address: 5th Floor, London Fruit And Wool Exchange, 1 Duval Square, London, E1 6PW.
Phone: +44 20 7930 4450
Web-site: https://www.starlingbank.com/
Swift code: SRLGGB3L
Reference number: 730166
Stock code: STERLNB
ABN: 09092149
BSB: SRLG