Whichever you choose, you get a debit card and a cheque book (if you want one), as well as phone, app and internet banking.
| Account feature | M Plus Account | Club M Account |
|---|---|---|
| Monthly Fee for Maintaining The Account | £0 | £14.50 |
| Minimum age | 18 (16/17 - store only)1 | 18 |
| Manage in app | Yes | Yes |
| Apple Pay | Yes | Yes |
| Google Pay | Yes | Yes |
| Interest paid on credit balances | up to £1,000 | up to £1,000 |
| Linked savings account | Yes | Yes |
| Worldwide Foreign transaction feesYou'll pay these charges if you use your card at a cash machine abroad or you use your card to pay someone based abroad, like in a shop on holiday, or an international retailer online. This applies even if the withdrawal or transaction is in pounds. | None | None |
| Arranged OverdraftArranged Overdraft - This is a borrowing limit on your account that we agree with you in advance, so it's there when you need it. You'll pay Arranged Overdraft interest on the amount you choose to use. (Subject to status. Charges apply) | Yes | Yes |
| Unarranged OverdraftUnarranged Overdraft - This is where you borrow from us when there is no money left in your account (or when you have gone past your Arranged Overdraft limit) and this has not been agreed with us in advance. You will pay Unarranged Overdraft interest. (Charges apply) | Yes | Yes |
| Refusing A Payment Due To Lack Of Funds Fee | Yes | Yes |
| Monthly cap on Unarranged Overdraft charges (also known as Monthly Maximum Charge)2 | £40.00 | £40.00 |
| Worldwide3 family travel insurance | No | Yes |
| UK roadside breakdown cover | No | Yes |
| Mobile and Gadget insurance | No | Yes |
| Offset mortgage facilitiesAn offset mortgage facility allows you to link your eligible current or savings accounts to your offset mortgage, reducing the amount of interest you are charged. | Yes | Yes |
| Financial Services Compensation Scheme cover | Up to £85,000 | Up to £85,000 |
| View our M Plus Account | View our Club M Account |
Some other accounts available
M Account
If you're 16 or over and we're unable to offer you one of our standard current accounts for any reason, this basic bank account may be a good alternative for you. This account may also be an option for customers experiencing financial difficulties.
View account
Private Current Account
If you're earning at least £75,000 a year, or you've a joint income of £100,000 or you have investable assets of £100,000 you could go for the Private Current Account. There's a monthly fee of £25 for maintaining your Private Current Account, which gives you access to a named private account manager. Subject to status and eligibility. Terms apply.
View Private Current Account
Looking to switch?
It couldn't be easier. We manage everything from start to finish, and it’s all backed by the Current Account Switch Guarantee.
More on switching
[1] If you're 16 or 17, you can open our account in some of our stores - please phone us on 0800 678 3654 and we'll tell you which ones. We're here Monday to Friday 8am - 8pm, Saturday 9am - 5pm, Sunday 10am - 5pm. Calls may be recorded for training and quality purposes.
[2] The Monthly Maximum Charge (MMC) is a monthly cap on Unarranged Overdraft charges. The MMC is the most you'd pay each month in such interest and fees combined.
1. Each current account will set a monthly maximum charge for:
(a) going overdrawn when you do not have an Arranged Overdraft; or
(b) going over your Arranged Overdraft limit (if you have one).
2. This cap covers any:
(a) interest for going over your Arranged Overdraft limit; and
(b) fees for each time we Refuse A Payment Due To Lack Of Funds.
[3] Cover is not provided for any claims arising before or during trips in, to or through Cuba, Iran, Syria, Sudan, North Korea, the Crimea region, or countries where the Foreign, Commonwealth and Development Office (FCDO) has advised against all (but essential) travel.
Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries.
Google and Google Pay are trademarks of Google LLC.