Which account best suits your everyday needs?

PICK a current account that reflects your approach to everyday banking. Check the rules on fees, minimum payments into the account and whether direct debits need to be set up.

Here are a few top deals for inspiration:

SAVINGS: Santander 123 pays 3 per cent on savings of between £3,000 and £20,000; Club Lloyds pays 4 per cent on sums between £4,000 and £5,000; Virgin Money pays 1 per cent on balances up to £100,000. But none of these rates are guaranteed to last for ever.

REWARDS: The Halifax Reward Account pays £5 a month to those who stay in credit; Club Lloyds offers a ‘lifestyle benefit’ each year, this could be cinema tickets or a magazine subscription; M&S Bank offers a welcome gift card and loyalty points; Tesco Bank pays Clubcard points on debit card spending. OVERDRAFTS: First Direct offers a £250 interest-free overdraft; M&S Bank offers a £500 overdraft facility with £100 interest-free; Nationwide Building Society’s FlexDirect account offers an interest-free overdraft for a year.

CUSTOMER SERVICE: Banks commended for their customerfocused approach include First Direct, Metro Bank, Nationwide and Handelsbanken.

CHALLENGERS: New digital bank Atom – managed via a smartphone app – is one to watch; Virgin Money has 74 branches around the UK and seven stores with ‘lounges’ providing refreshments, wi-fi and the use of iPads; Metro Bank is growing and – like Virgin and M&S Bank – is open at weekends too.