Current Accounts
moneysupermarket.com: Co-op's new Current Account Plus
Commenting on the launch of the Co-op's new Current Account Plus, Kevin Mountford, head of current accounts at moneysupermarket.com, said: "The current account market hasn't seen many new products of late, so it's a refreshing change to see this offering from the Co-op bank.
The Co-operative Bank launches new Current Account Plus
The Co-operative Bank, voted number one on the high street for customer satisfaction levels in two recent consumer surveys from Watchdog and Which?, is launching a new Current Account Plus with a linked savings account.
Running a marathon is no sweat for the over 50s
With the London Marathon only days away, many people will be glued to their screens this Sunday to watch around 37,000 runners pound the pavements.
Abbey strengthens current account offering
Mike Naylor, personal finance expert at uSwitch.com, the independent online price comparison and switching service, comments on Abbey’s move to strengthen its current account offering with a 0% overdraft for 12 months:
Bank customers warned: avoid fee paying accounts
Bank customers paying fees for so-called packaged accounts are getting very little for their money compared with customers in free accounts, according to new research from MoneyExpert.com.
Do customers really get the headline rate on their current account?
Recent current account adverts boast sky high interest rates, but the Coventry urges people to check what they really get before deciding who to switch to.
Credit unions on target for 10,000 current accounts
The number of current accounts operated by the country’s credit unions will soon reach 10,000 reveals the Association of British Credit Unions (ABCUL) at its annual conference in Blackpool this weekend.
Are packaged current accounts worth the money?
The majority of the banks offer packaged current accounts, but are these accounts really worth the monthly fee and do any of these accounts offer a better deal than the standard current accounts?
Alliance & Leicester lays down the gauntlet
Alliance & Leicester has announced that it will increase the credit interest on its Premier Direct current account to 8.19%.
Alliance & Leicester rate improvements
Sean Gardner, Chief Executive of MoneyExpert.com, said: “The new current account rate from Alliance & Leicester at 8.5 per cent puts them to the top of the best buy tables and anyone in the market to switch should grab it. But they need to go in with their eyes wide open.
Alliance & Leicester's new current account rate
Commenting on Alliance & Leicester's new current account rate of 8.5 per cent AER, Kevin Mountford, head of current accounts at moneysupermarket.com, said: "It is fair to say over the past few months the current account market has felt flat. This is likely due to both seasonality and the OFT court case hanging over the industry like a cloud.
A&L and HSBC increase current account in-credit interest rates
Mike Naylor, personal finance expert at uSwitch.com, the independent online price comparison and switching service, comments on both Alliance & Leicester’s and HSBC’s moves to increase current account in-credit interest rates this week:
A&L increases credit interest on Premier Direct and Premier 50 current accounts
Alliance & Leicester is once again reinforcing its commitment to offering market leading current accounts, by increasing the credit interest rate on both Premier Direct and Premier 50 to a table topping 8.5% AER, with immediate effect.
Switching your current account
Whether you are someone who runs your current account in credit or makes regular use of an overdraft limit, Samantha Owens, Head of Personal Finance at moneyfacts.co.uk, looks at the financial benefits of switching your current account.
HSBC current account plus offers one great rate
HSBC is offering a current account with the same great interest rate whether you are in credit or in overdraft.