First Direct 1st Account - first direct

First Direct 1st Account

first direct
0 % AER
Headline Interest Rate
£ 100
Switching bonus
  • Overdraft facility
  • No monthly charge
    • Open by:
Account offers sign up bonus
Good customer service
Interest free overdraft offered
No interest paid on balances

This account may be appropriate for you if

  • You are older than 18

Switching bonus

Member of Current Account Switching Service: No
Maximum Switching Bonus: 100
Switching Bonus Conditions: New customers can switch using the CASS, and must pay in at least £1,000 within 3 months of opening the account to receive the £100.00 cash offer. This offer is limited to one payment per customer or joint account, the money will be paid within 28 days of all criteria being met. Offer only available to customers who haven't previously held an account with First Direct. Terms and conditions apply.
Match Current Overdraft Offer: No

Credit Interest

Annual Interest Paid By Balance:
BalanceAnnual Interest Paid
£ 5000 %
£ 1,0000 %
£ 5,0000 %
£ 10,0000 %
£ 25,0000 %
Headline Interest Rate: 0 % AER
Monthly Reward: £ 0

Overdrafts

Cost of Authorised Overdraft:
ScenarioCost
Overdraft Available: Yes
Authorised Overdraft Rate: % (equivalent to % per month)
Unauthorised Overdraft Rate (APR/EAR): % (equivalent to % per month)
Interest Free Overdraft: First £ 250 is interest free
Overdraft Fees Apply From: overdrawn

Payment options

ATM Card
Cheque Book
Passbook
Debit CardVisa
Standing Order
Direct Debits

Access and usage

Banking by
Bank
Post
Phone
Internet
Maximum ATM Withdrawal: £ 500

Perks

Preferential rates onsavings, mortgage, loan, credit card
Prepaid card
Home emergency cover
Extended warranty cover
Airport lounge access
Preferential travellers money rates
Preferential travellers cheque rates
Free life insurance
Free home insurance
Free car insurance
Breakdown cover
Voucher and discount deals
Entertainment deals
Mobile phone cover

Charges

Potential Monthly Fee: £ 10
Charges for Unpaid Items: None
Charges for Paid Items: None

Cost Abroad

ATM Charge Europe: £ 2.75 when withdrawing the equivalent of £ 100
ATM Charge World: Free
Debit Card Charge Europe: £ 2.75 when withdrawing the equivalent of £ 100
Debit Card Charge World: £ 2.75 when withdrawing the equivalent of £ 100

Additional Charges

Charge for Replacement Statement: £ 3
Bankers Draft Charge: £ 20
Special Clearance Charge: £ 15
Charge For Cheque Receipts: £ 0
Bankers Reference Charge: £ 11
CHAPS Charge: £ 25
Charges For Cancelled Cheques: £ 0

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About the bank

  • Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
  • Banking Licence Held By: HSBC Bank plc