Savings & Banking News

Santander is increasing interest rates across its range of savings products and makings its regular saver available to more customers, including those with free current accounts.Santander’s rate...

Consumers weary of the paltry 0% and 0.01% paid by many high-street current accounts have been extended a lifeline by Nationwide as it resurrects the 5% rate on its FlexDirect account.From this week,...

Under new proposals from the Financial Conduct Authority (FCA), banks will have to produce impact assessments before they close a branch’s counter service or slash its opening hours, much the same as...

App-only bank Chase has admitted that customers eager to open its current account may face waits of up to five weeks, as it opens a “waiting room” for people in the queue.US bank JP Morgan introduced...

An additional 1.4 million prizes will be awarded to Premium Bond holders in June as National Savings & Investment (NS&I) increases the prize fund rate from 1% to 1.4%.From the June draw, the...

The Financial Conduct Authority (FCA) will gain new powers over banks and building societies to ensure they maintain cash withdrawal and deposit facilities in communities across the country, the...

Lloyds Banking Group will shutter a further 20 Lloyds and eight Halifax branches between August and November, citing falling customer numbers and a shift to online banking.The banking group already...

NatWest debit cardholders are urged to check their transaction histories after a glitch duplicated some charges for thousands of customers.The bank confirmed that around 112,000 customer accounts are...

Nationwide Building Society has gained the most customers through the Current Account Switch Service (CASS) since 2016, while Barclays has lost the most accounts, the latest figures from Pay.UK...

First Direct will boost the interest paid on its regular savings account to 3.5%, a rate it describes as “industry leading.”Customers must sign up for a “1st account” after Thursday, 28 April to...