With multiple challenger banks to choose from now, each offering a plethora of features and quite varying fee structures it can be a tough decision as to which will best meet you needs. Each are regularly adding new features to their offerings in a fast-developing market and in doing so are shaking up the banking market with the legacy banking giants starting wake up to the need to develop their own offerings. The challenger banks though, being small and nimble due to their newer cloud-based systems, still seem to have the edge in developing new features over the legacy, slower moving banks with their relatively antiquated banking systems. Below is detailed comparison of all features and fees of each challenger bank so you can compare each banks offering side-by-side. Select several that interest you most and hit the filter button to help make the comparison easier.
In summary none of the challenger banks offer any significant switching or sign on incentives that a lot of the legacy banks in the UK are offering. The challengers are looking to compete on service and features instead.
