Following the figures released from the Payments Council, reporting a 14 per cent increase in the number of people who have switched current accounts in the last six months, MoneySuperMarket has analysed the best deals on the market.
The process of claiming expenses is costing employees £45 a year owing to interest charges while waiting to be reimbursed by their employer. With 46 million people employed in the UK, a collective £2.1 billion is lost by workers every year.
As many holidaymakers get ready to jet off on their Easter holidays this year, Mark Bodega, director at HiFX gives his top tips to avoid paying over the odds:
Although it is usual for HSBC’s personal account customers to use foreign exchange transfer services to send money home, pay education fees or fund overseas property, they have used the service to buy items including a cargo ship and a wine cellar (without the wine).
When choosing a current account provider, young people are unlikely to regard the provision of a cheque book as important.
From the 29th of April 2014 consumers will be able to use their mobile phones to make bank payments via the new Paym service.
M&S Bank has introduced exclusive card holder rates across all currencies purchased from M&S Travel Money.
New research from Andrew Hagger of Moneycomms reveals that high street bank customers are paying a heavy price when it comes to sending foreign payments overseas.
The new £1 coin will have the same shape as the 12-sided three pence piece or ‘threepenny bit’.
Citizens Advice says the £149 million going back to consumers sends a strong message to firms to stick to the rules.
According to a new study, “The Home Business Insight Report” (compiled by AXA Business Insurance and small business network, Enterprise Nation), home based businesses are an increasing benefit to the improving state of the UK economy.
TSB has announced the launch of its new Plus bank account. The account, which will be available to customers at the end of March, offers a market leading 5% credit interest without all of that usual funny stuff.
Nationwide Building Society has unveiled its new website, which is designed to be fully responsive and automatically re-size to the device it is being viewed on, including computers, tablets and smartphones. Watch the video to see the new site in action.
Ray Boulger, of independent mortgage adviser John Charcol, comments on today’s statement from the MPC and the mortgage market.
Of the more than one in four people (28.6%) who paid bank charges last year, over half (55.9%) ended up in an unauthorised overdraft as a result, according to thinkmoney.
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