Top 10 Banks in Britain .. Your Full Guide 2024
Another member of the UK’s ‘big four’ banks is Lloyds Bank, a well-established institution with roots dating back to 1765. Lloyds Bank offers a variety of current accounts, such as their Classic and Club Lloyds accounts, bolstered by an array of premium and specialist accounts.
For instance, their Silver account—which includes family travel insurance and breakdown cover—could be an appealing choice. There’s also the Platinum account that additionally offers mobile phone insurance. Do note that both these accounts come with a monthly fee.
For the younger demographic, Lloyds Bank offers a Smart Start savings account and a dedicated Student Account. Truly, it’s a bank that caters to a wide array of customer needs.
Royal Bank of Scotland
The Royal Bank of Scotland (RBS), headquartered in Edinburgh, is another major player in the UK banking scene. As part of the NatWest Group, RBS offers a similar lineup of current accounts as its parent company.
The selection includes the RBS Select Account and RBS Reward Account, along with a basic Foundation Account. They also offer a range of specialized accounts such as Premier accounts with added perks, as well as accounts for students, teenagers, and children. It’s a truly comprehensive bank striving to provide options for every stage of life.
Barclays Bank in Britain
Rounding up the ‘big four’ of UK banks is Barclays, a multinational universal bank with an impressive history dating back to 1690, making it even older than Lloyds Bank.
Barclays offers a plethora of choices for personal banking customers, ranging from current and savings accounts to borrowing options, credit cards, investment and insurance products.
Among the most popular current accounts at Barclays are the standard Barclays Bank Account and the Premier Current Account. If you’re a student, the Student Additions Account might appeal to you. All in all, Barclays is an established and trustworthy option for personal banking in the UK.
Standard Chartered Bank in Britain
Standard Chartered Bank, founded in 1853, is also headquartered in London. It originally launched as the Charted Bank of India, Australia, and China before merging with the Standard Bank of British South Africa.
Operating a robust network of more than 1,200 branches in over 70 countries, it employs over 87,000 workers worldwide.
