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    • Best for everyday accounts – Starling Bank. When it comes to all-rounders, they don’t come much better than Starling Bank. The challenger brand gives users access to a full UK current account that you can manage directly from the app.
    • Best for multicurrency transfers – Wise. With the Wise borderless account, you get low-cost money transfers that are, according to the company, up to eight times cheaper than regular banks.
    • Best for international payments – Revolut. Revolut is one of the fastest-growing digital banks in the UK, and for good reason. The feature-laden account gives you access to all kinds of benefits.
    • Best for effective budgeting – Monzo. Monzo is practically an established name in the digital bank world these days. The company has spent time developing a broad range of features to help you manage your money better.
  2. Oct 10, 2024 · Here are the best online banks in the UK, and what made them safer than the others. 1. NatWest/RBS and Starling Bank. NatWest /RBS and Starling Bank received a total of 87% in all four...

  3. In this guide we'll focus on digital and app-based banks (also known as online banks, mobile banks or challenger banks), which have great tech and features that help you know where you're spending, and help you save towards your goals, all within the same app and same account.

    • Revolut. One of the leading digital banks in the UK and internationally, Revolut has around 30 million personal users. It also supports business customers, with dedicated accounts and products for small companies and freelancers.
    • Chase³ Chase is the online banking arm of the global financial services JPMorgan. It’s well established in the US, and launched in the UK in September 2022.
    • Starling Bank. First launched in 2024, Starling Bank was one of Britain’s first digital banks. Since it launched, over 3 million customers have opened accounts on the Starling app.
    • Monzo. One of the biggest digital banks in the UK, London-based Monzo has around 7 million customers.⁶ It serves both personal and business customers, with current and savings accounts as well as loans.
  4. Feb 12, 2024 · Provided you have an internet connection, you can apply for online-only accounts and move money wherever you are. It’s usually the younger “challenger” banks that are online-only, such as Starling and Monzo .

  5. Oct 3, 2024 · 1. first direct. Open Account. On first direct’s Website. £175 SWITCH OFFER. No monthly fee. Save as you spend with rewards and cashback. Free international payments, send and receive money...

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