Which is the best bank account?

It can sometimes be difficult to work out which bank or service is the right choice for you. What are the best current accounts? What are the best budgeting apps in the UK? What is digital banking? Selectra is here to help you navigate the often complicated world of money, banking, and finances so you can find the perfect solution to manage your money, reduce your spending, and become money smart.

The Best Current Accounts

Banks - Love them or hate them, everyone needs one. Every bank will tell you that it has the best current accounts, often tempting you by throwing in special offers if you switch to them or promising additional features and benefits.

It’s often not until our account is opened and something goes wrong that we realise that the bank we put our trust (and money) into was not the right choice after all. The thing with banks, is that the best current account for you may actually be the worst current account for someone else.

To help you find the best current accounts available, we have provided information on all of the leading UK banks, the accounts and services they offer, and how they are rated amongst existing and past customers.

If you have been refused a bank elsewhere, then not to worry, we have information on banks that provide accounts to everyone, no matter their circumstances - with no credit check.

What is Digital Banking?

Digital banking is a new era of banking that provides customers with a bank account that you manage via your smartphone. Digital banks have no branches and often no call centres, which may seem daunting. However, digital banking has been incredibly successful in the UK and Europe and every single digital banking provider is rated higher than any of the leading high-street banks on review site, Trustpilot.

Digital banks have been created from the ground up, during a time when advancements in technology have allowed them to create incredibly intuitive mobile banking apps that help you manage your money by automatically budgeting your money for you.

The selling point for most people is that digital banking is a lot cheaper than traditional banks, as they boast either no fees or incredibly low fees. Most digital banks also have premium accounts that give you additional products and services, such as travel insurance.

Selectra has delved into the world of digital banking to find out which provider offers the best account, features, and benefits.

The Best Budgeting Apps in the UK

Managing money can often be complicated and time-consuming, and trying to get to the end of the month, save for the future, or get out of debt can feel like an impossible task.

If this sounds close to home, then you may benefit from a budgeting app. Selectra has researched the best budgeting apps in the UK to see which ones measure up.

Budgeting apps link up securely to your existing bank accounts and credit cards, so you can see all of your spendings in one place. You can set budgets and get notified on your spending habits and alerted when you are close to reaching one of your budgets.

Budgeting apps do a great job at giving you an insight into your spending behaviour and help you make smarter decisions, save money for the future, or put money to one side to pay off existing debts.

About Selectra's Service

Who Are We?

Selectra was created in 2007 by Aurian de Maupeou and Xavier Pinon. Initially, the aim was to help French customers save on their energy bills following reforms that opened the French gas and electricity markets to competition for the first time in 60 years. Selectra UK opened in 2017 to help customers in the UK sign up to home energy and broadband deals. You can read more about the history of Selectra and our values here

Our Mission

Getting the best deal on household expenses such as energy, internet, TV and insurance isn’t always easy. Clear information can sometimes be difficult to find, comparing offers is often a time-consuming hassle, and just getting through to someone on the phone can be a challenge. Here at Selectra, we help you sign up to energy and broadband deals without hassle.

We strive to provide a one-stop site for people who are interested in signing up to a different energy or broadband provider. We are convinced that looking for a cheaper deal shouldn't be a hassle, and therefore aim to make the process simpler by saving people time and money by offering them customised quotes from our partners. On our website, we aim to provide clear information about energy and broadband products. We work closely with select providers in the UK in order to ensure great service to our users.

What to Do If You Find Misleading or Incorrect Information in Our Content

At Selectra, we always strive to provide the most accurate information. We have an in-house content team that aims to offer the best experience on our website. You can read about our authors and content team here. All the content on our site is believed to be accurate at the time of publishing. However, due to changes in prices and suppliers over time, there may be inaccurate or outdated information on some of our pages.Please inform us of any inaccuracies you may find, by contacting us at our email. Your feedback will help us provide the best experience to all our users.

Disclaimer

Selectra provides all content on its websites in good faith. Selectra shall have no liability for the accuracy of the information found on the website due to changes in prices or information over time. The information presented on the website does not constitute the basis for a contractual agreement or quote. If you have any further questions, please do not hesitate to contact us at [email protected]