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Current Accounts

MoneySuperMarket offers boost for savers with exclusive current account switch incentive

MoneySuperMarket has launched an exclusive current account cashback incentive to those applying for the market leading TSB Classic Plus Account.

New current account comparison service launched to encourage more switching

Around 1.6 million people have switched their accounts since the seven-day current account switch guarantee scheme came into force in September 2013, but people are still reluctant to change bank accounts according to research from Gocompare.com, with 40% admitting that they have never switched.

Switching to Halifax now extra rewarding with increased offer of £125

Halifax is increasing its already popular switching offer for a limited period, offering a £125 reward for customers who switch their current account to the bank using the Current Account Switch Service (CASS).

A quarter of Brits are overdrawn

A quarter of British adults (26%) say that they are currently overdrawn on their current account - according to new research carried out on behalf of budgeting account provider thinkmoney - that’s the equivalent of more than 13 million people across the UK.

Lloyds Bank launches online travel notifications for customers

Lloyds Bank launches a new travel notification service for online and mobile banking customers, which enables customers to notify the bank when they are going abroad.

1 in 12 current account customers hit by unauthorised overdraft charges

One in 12 current account customers find that “free banking” is anything but when they are hit by unauthorised overdraft fees and returned item charges.

Halifax team up with Quidco to give you extra over the holiday season

Customers looking to switch their current account to Halifax before Christmas can now earn a bonus of £140 when switching through the cashback website Quidco.

Lloyds Bank extends Club Lloyds to Private Banking

Lloyds Bank has announced the extension of its innovative Club Lloyds current account to its Private Banking clients.

Nationwide shows its support for savers, homebuyers and current account customers

Nationwide Building Society has reinforced its support for savers and homebuyers, as well as strengthening its position in the current account market

Using the wrong overdraft could cost dearly

Consumers should shop around and think of the bigger picture when choosing their bank account to avoid being stung by hefty overdraft charges, warns MoneySuperMarket.

More current account switchers choose Halifax

Over 130,000 customers switched to Halifax in the first six months following the introduction of the Current Account Switching Service (CASS) in September 2013, according to official figures.

Nationwide extends £50 Amazon voucher offer until end of January 2015

Nationwide is extending its £50 Amazon voucher offering to main current account customers purchasing combined buildings and contents cover until the end of January.

Boost your Christmas spending money

With just two pay days left until Christmas, MoneySuperMarket reveals the top ways consumers can expand their Christmas spending budget at no extra cost.

Switchers driven by financial incentives but satisfaction is key

According to new research from TSB, the number one driver that influenced Brits to switch bank accounts in the past year was better benefits offered at another bank, such as higher interest rates (33%).

A fifth of current account switchers choose Halifax

One year on from the launch of the Current Account Switching Service (CASS), official figures released confirm that over one million people have switched their current account using the new system, with around a fifth of these choosing to bank with Halifax.