Current Account

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Our Current Account offsets against your mortgage and also gives you lots of great benefits, including:

• Online and phone banking with UK call centres
• A credit interest rate of 0.10% AER/GROSS Variable
• Arranged overdraft rate of 10.05% EAR Variable
• Withdraw up to £300 a day from over 800,000 cash machines all over the world
• Debit card, with £100 cheque guarantee facility
• Hassle free move: our dedicated team will ensure all your direct debits and standing orders are moved over quickly and efficiently - and they'll keep you informed every step of the way
• View your balance, move money and pay bills with our easy to use online banking service
• Available exclusively with a Direct Access Savings jar and an offset mortgage jar as part of an Intelligent Finance offset plan.

By offsetting you can use the balance of your current account to reduce the amount of interest you pay on your offset mortgage. For example, if you have £60,000 outstanding balance on an offset mortgage and £1,000 in your current account, by not receiving interest on your current account balance, you won't pay interest on £1,000 of the outstanding mortgage balance.

Your Intelligent Finance current account and savings connect to your Intelligent Finance mortgage - so you could reduce the term or lower your monthly payments.

Tell me more about offsetting

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