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Current Account Direct

The bank account inspired by you that gives you 2% AER credit interest

4% AER Interest

Our high interest current account is designed around your needs to help you get more for your money

  • 2% AER (1.98% gross p.a. variable) on your credit balances up to £3000. A minimum monthly credit of £1000 (excluding internal transfers) is required.
  • Competitive overdraft rate - 9.9% EAR
  • Easy self service access by phone and internet

We've called it Current Account Direct, as you're directly in control of the account 24/7. The account has been created so that for the most common types of transaction there should be no need to visit a branch.

Please note: Current Account Direct has been designed for self service, you must use our phone and internet services to operate your account.

High-interest current account

Current Account switch guarantee You probably want to earn interest on the money in your account. Most people do. Which is why we’ve created Current Account Direct.

You just need to deposit at least £1,000 in your account each month. (Excludes internal transfers). We’ll pay you 2% AER (1.98% gross p.a. variable) on your credit balance up to £3,000.

Drawing on customer feedback, we’ve designed Current Account Direct to offer:

  • 2% AER (1.98% gross p.a. variable) on your credit balances up to £3000. A minimum monthly credit of £1000 (excluding internal transfers) is required.


How to Switch or Apply

Our helpful advisors will help you switch when completing your application

Learn more about Switch

Switch or Apply by Phone
Request a phone appointment
Switch or Apply in Branch
Request a branch appointment Branch locator
Existing customers
Call us on
0800 678 3380

Monday - Friday 8.00am - 8.00pm
Saturday 9.00am - 5.00pm
Sunday 10.00am - 4.00pm

Existing Current Account Plus customers can transfer to Current Account Direct online:

Transfer online
  • Competitive overdraft rate - you benefit from a planned borrowing rate of 9.9% EAR
  • Debit card - lets you withdraw cash and make purchases whether you’re at home or overseas
  • Internet Banking - you can pay your bills, transfer money between accounts and more
  • Mobile Banking - manage your money even when you’re out and about
  • Telephone Banking - you can access our telephone banking service 24/7.
  • Tax free interest on your account - Use this form R85 to let us know that you qualify for tax free interest on your account.
Representative Example

Rate of interest - 9.48% per annum (variable)
Total amount of credit - £1200
EAR - 9.90% variable
The rate of interest shown is an Effective Annual Rate (EAR) which takes account of the rate of interest charged, the frequency it is levied to the account and the compounding interest.*

* This example is for illustration purposes only.

2% AER (1.98% gross p.a. variable). Interest paid monthly. For account transfers, Current Account Switch Service should be used, subject to eligibility. Subject to status 18+ only. Offer may be withdrawn at any time. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross rate is the interest payable without taking account of the deduction of income tax. For most customers tax will be deducted at the basic rate prevailing at the time of payment, presently 20%. All financial information correct at 14.04.14.

Qualifying Criteria

  • You must register for automated telephone and/or internet banking services to operate your account - check our self service matrix for details. You can still use our call centre or visit a branch if a transaction or service cannot be done through our self service channels.
  • Minimum monthly credit of £1000 required (excluding internal transfers)
  • You can have a maximum of two Current Account Direct accounts, of which only one may be a sole account.

You need to be 18 or over to apply for our Current Account Direct. Overdrafts and debit cards are subject to status. We can provide a written quotation for an overdraft on request. Current Account Direct accounts cannot be linked to a Yorkshire Bank Offset Mortgage for the purposes of offsetting interest.

An online current account that's easy to use

With online, mobile, and phone banking, it’s easy to manage your Yorkshire Bank Current Account Direct.

But if you need to pay in cash and or cheques or report a stolen debit card – don’t worry. You can still pop in to your local Yorkshire Bank branch to access these services.

Telephone and Internet Banking may be temporarily unavailable during periods of routine maintenance. And we may monitor or record calls to help us improve our service.