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Current Accounts

A complete archive of all our Current Accounts news and articles

RBS and NatWest Introduce Fingerprint Technology

RBS and NatWest have become the first to launch fingerprint technology which gives the customer access to their bank via the mobile phone.

18 Feb 15 Read More

Customers Still Favour Free Current Accounts

The conglomerate PwC have released a report which shows the vast majority of people approve of free current accounts despite the tacit agreement that they will end up paying a number of “hidden charges” as a customer.

2 Feb 15 Read More

2 Million Bank Customers Offered Card Insurance Compensation

Up to two million customers of leading banks will have the option of accepting compensation after being sold unnecessary insurance for the loss or the theft of their bank cards.

28 Jan 15 Read More

Post Office rebranding exercise to aid competition with High Street giants

The Post Office is planning to develop the look and feel of each of branches and give a new experience to customers.

27 Jan 15 Read More

PRA approves banking licence for Charter Savings Bank in competition-enhancing move

What started up as a small, start-up lending enterprise has been awarded a banking licence from Threadneedle Street, supremacy as regulators seek to stimulate switching amongst consumers to the loosen the stranglehold the nation’s biggest banks have on consumers at present.

8 Jan 15 Read More

Basic Bank Accounts will be reformed by end of 2015 with fees abolished and greater clarity for consumers guaranteed

Individuals who’ve suffered the ignominy of racking up a poor credit rating have been given a boost as basic bank accounts have been reformed to comply with new EU rulings, with a number of charges being scrapped.

15 Dec 14 Read More

Barclays prepares to launch ‘video call’ banking focussed on consumer-orientated service

Barclays customers are to be the first able to conduct face-to-face video calls with their branch’s advisers from the comfort of their own homes, in the latest consumer-orientated move made by lenders aware of the flourishing digital age the world is entering.

2 Dec 14 Read More

Santander brings out new cashback scheme with Christmas just round the corner

Santander has set the debt & credit card market on fire with their new cashback scheme entitled ‘Retailer Offers’.

11 Nov 14 Read More

Tesco and Virgin lead movement for Current Accounts with monthly fees to enhance competition

The endowment of free current accounts to the public is a central cause of the dearth in competition within the lending sector and is obstructing smaller lenders from entering the market, according to recent allegations from by Tesco Bank and Virgin Money.

10 Nov 14 Read More

CMA launches full-blooded inquiry into Big Four’s chokehold on Current Accounts & Small Business Lending – Competition is ‘Critically Important’, says CMA

Britain’s top banks must steel themselves for a fully-fledged inquiry into their conduct vis-à-vis current account offerings and small business lending, in a move centred on breaking the ‘Big Four’ lenders’ vicelike grip on the market and inspiring competition within the sector.

6 Nov 14 Read More

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