Go to main content
Archive Website of the UK government
Please note that this website has a UK government accesskeys system.
Main menu
Page menu
Money, tax and benefits
Bank accounts and banking products
Personal savings now guaranteed up to £85,000
Up to £85,000 of personal savings will now be guaranteed should a bank, building society or credit union go bust. Find out more about the Financial Services Compensation Scheme
Types of bank account
Basic bank accounts, current accounts and longer-term savings accounts - how they work, who can open one and tips on how to choose
Opening and running a bank account
Overview of the documents and information needed to open a bank account and the procedures and documents used to run a bank account
Overdrafts and loans - the difference
The difference between overdrafts and loans, including cost, flexibility, pros and cons. How to shop around and points to look out for
Debit cards and credit cards - the difference
Debit cards and credit cards -who can get them, how you use them, charges, pros and cons
Facebook
Twitter
StumbleUpon
Delicious
RedditAdditional links
Simpler, Clearer, Faster
From 17 October, GOV.UK will be the best place to find government services and information
Do it online
Foreign-owned banks
Should a bank fail, compensation schemes protect your savings. But foreign-owned banks may be covered in other ways
