Savings & Banking News

NatWest will stop sending customers paper statements after the New Year, encouraging them instead to check their balances online.The bank has—fittingly—emailed thousands of customers with current...

HSBC is introducing new switchable insurance bundle on subscription, allowing customers to pick and choose what cover they want.In the insurance pick-and-mix are seven types of cover: mobile phone,...

People who fall victim to pension scams could lose up to 22 years’ worth of their savings in just 24 hours, according to new research. A report from The Pensions Regulator (TPR) and the Financial...

Tesco is investigating a payment glitch that is seeing users of digital bank Monzo’s distinctive ‘hot coral’ debit cards being charged twice for transactions. Customer Joseph Kimberger tweeted: “Using...

Banks should refund all victims who have lost money to bank transfer scams since 2016, a new report from the Treasury Select Committee has urged. In bank transfer scams, also called authorised push...

Nationwide, HSBC, NatWest and mobile banks Monzo and Starling Bank gained the most current account customers between 1 April and 30 June this year, according to new data from Bacs. Switchers were...

Action must be taken over the increasing number of failures in online banking platforms, MPs have warned. According to today’s report from a Treasury Select Committee, the rising number of incidents...

Barclays customers will still be able to access cash at Post Office counters, after the bank reversed its decision to end the service, after criticism from customers, MPs, regulators and consumer...

App-based bank Monzo has denied claims made in the BBC’s Watchdog programme that it has unfairly frozen customer accounts. The BBC One programme, which aired last Thursday, detailed how the bank froze...

Nationwide will ‘revamp’ its savings range, scrapping popular loyalty accounts held by nearly 1.7 million customers.The building society’s Loyalty Saver account was launched seven years ago and offers...