Basic bank accounts

A basic bank account allows you to receive money and pay bills. It can be a first step towards opening a current account later on.

With a basic bank account you can:

  • have your wages, benefits, State Pension or tax credits paid directly into your account
  • pay in sterling cheques for free (you will have to wait a minimum of four business days before the money is available for you to spend)
  • take money out at cash machines in the UK with a cash card
  • take money out at the Post Office
  • pay your bills by Direct Debit.

With a basic bank account you:

  • do not get a cheque book
  • do not get an overdraft.

Cash machines

It is usually free to withdraw money from a cash machine in the UK but some bank cash machines may charge you. Some convenience cash machines such as those inside small shops, on garage forecourts and in nightclubs may also charge you each time you withdraw money from them.

Debit cards

Some banks let you have a debit card to pay for your shopping, and some let you pay your bills by standing order. Most let you take money out, pay money in or check your balance at bank counters.

For further information: