Which bank account?

[homemadecommunistrussia]

Which current account pays some interest and isn't run by evil bastards?

define 'evil bastard'? What in particular on the bingo-card do you object to?

no account of any kind in the UK pays interest above real inflation, and hasn't done so for around 10 years. Down to around 1% now on the accounts still paying.

I am aware of the interest rate situation, but even point something would be nice.
I am for the first time in my adult life pretty much debt free, money is building up in my current account. The same bank that had charged me massive amounts of interest for years, i would rather they didn't benefit from my hard work.
I would just like a bank that are somewhat ethical. Years ago that would have been the coop, now I'm not so sure.

Nationwide flex direct? Pays 5% on balances to £2.5k for first 12 months. You need to pay in £1k / month.

get a shift on with that as any applications after 1 May go to 2% on £1500. And 5% sounds great but it is only on £2500 and only for a year. It's all peanuts.

OP - there are easy access accounts paying around 1.3% where you can put more money in, or fixed rate ISAS paying a bit more. It is all peanuts but you should be getting at least 1%.

Interesting, I hadn't thought of nationwide. It's old fashioned to want an actual branch I suppose....

You might be able to get cashback in lieu of interest from the Santander 123 lite account, or if you want 1% on up to £20k, which is quite good at the moment, the main 123 account as your bills should generate cashback to cover the £5 fee. Depends on your circumstances which is best.

Probably best reading up on it on MSE, but expect savings rates to plummet in the short term due to 0.1% base rate and all the other stuff going on.

But even if you aren't getting much interest, it's still worth saving some money so it is then available to cover variations in spending over the year, so that it is available for big purchases without borrowing and to cover things like loss of income.

I am tempted by that nationwide one, but a bit reluctant to switch right at the moment in case things take longer to transfer than they normally would.
My current current account is santander and they have ripped me off massively over the years, so will be avoiding them.
Will have a look at Mse

Nationwide has been good for me. Free travel insurance with some accounts. For my business banking I haven't found HSBC to be good at all. Poor technology. Unhelpful to small businesses.

Santander are dropping their interest rate too. Savers have been considered scum by the government and banks for a decade now.