Most banks have signed up to the Current Account Switch Service which guarantees that switching is simple, quick and stress-free. For more information about this service go to: www.simplerworld.co.uk. Research all the options to find the best deal – don’t switch just because of a short-term perk as another deal may be better for you. For a guide on finding the best bank for you go to: http://www.which.co.uk/money/bank-accounts/guides/switching-your-bank-account. Be careful about overdrafts – this is getting into debt and although it may be ‘free’ in the short-term, the bank will likely add interest later on.