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Current Accounts

A complete archive of all our Current Accounts news and articles

FCA: Complaints to Bank Accounts Increase by a Third

A recent report from the Financial Conduct Authority (FCA) has revealed that in the first half of 2015, the number of complaints to banks from current account holders went up by almost a third.

1 Oct 15 Read More

Government sells a further 1% stake in Lloyds Banking Group

The treasury has increased the total amount raised from the sale of shares in Lloyds Banking Group to £15 billion by reducing the taxpayer’s stake in the bank from 12.97% to 11.98%.

25 Sep 15 Read More

Santander 1I2I3 Current Account and 1I2I3 Credit Card Product Changes

1I2I3 Current Account fee to increase to £5 per month – no change to cashback and interest benefits. 1I2I3 Credit Card fee of £24 p.a. will change to £3 per month (£36 p.a. equivalent). 1I2I3 Credit Card cashback amounts to be capped for new customers – no new caps for existing customers.

14 Sep 15 Read More

More and More Banks Offer Switching Promotion On Current Accounts

In a trend sparked by the recent change to the current account switching system, more and more banks are now offering some form of incentive to customers who switch to them from their competitors.

7 Sep 15 Read More

Customers can now spend £30 a time using contactless cards

As the use of contactless debit and credit cards skyrockets, the maximum amount that can be spent per transaction has been increased from £20 to £30.

2 Sep 15 Read More

Complaints About Packaged Bank Accounts Going Up

The Financial Ombudsman has revealed that the number of complaints about "packaged" bank accounts has risen steeply in the first half of this year.

26 Aug 15 Read More

Barclays Profits Rise By 25%

Barclays have recorded a rise in their profit margins of 25% pre-tax. This takes their profits up £3.1 billion for the six months leading up to the end of June 2015.

31 Jul 15 Read More

Halifax Introduce "Snap to Switch" Service

Halifax have created a new way of switching bank accounts by introducing a system that allows users to simply take a photo of their card and upload it in order to change.

14 Jul 15 Read More

Visa Says That Britain Leads The Way With Contactless Payments

The UK is the largest user of the contactless payment system in the whole of Europe, according to new figures released by Visa.

9 Jul 15 Read More

RBS Fix Glitch With Accounts System

RBS have released a statement that says the problems that some customers experienced with payments this week have now been resolved and account balances have been updated.

23 Jun 15 Read More

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