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Banking News Stories

RBS and NatWest to close 259 branches

Updated: 01st December 2017 - First Published: 01st December 2017 RBS has announced that it’s closing a total of 259 branches across its network, following a review of how people use its banking services. The closures will result in around 680 redundancies. Read More...

6 of the best high interest current accounts

Updated: 12th December 2017 - First Published: 16th November 2017 At one time, savings accounts were the only sensible place to put your hard-earned cash, but thanks to rising inflation, it's becoming increasingly difficult to secure a meaningful return. Read More...

Don’t waste your payday cash on overdraft charges

Updated: 01st December 2017 - First Published: 31st October 2017 Today could well be the time when workers get paid their monthly salary, yet although some will be breathing a sigh of relief, those in their overdraft may find that they’re missing some of their cash as it becomes wasted on overdraft charges. Read More...

Current account switching competition heats up

Updated: 23rd October 2017 - First Published: 23rd October 2017 A few months ago, it looked as though competition in the current account market was beginning to wane. However, things are getting back on track, with cash incentives of up to £250 now readily available for those seeking a better bank account. Read More...

Four years and 4m current account switches

Updated: 20th September 2017 - First Published: 20th September 2017 The Current Account Switch Service is celebrating its fourth anniversary this week, and competition in the sector has been soaring ever since. Consumers the can now switch account in seven working days or less, and millions have taken the plunge. Read More...

Unarranged overdraft fees drop by just £1.43

Updated: 19th September 2017 - First Published: 19th September 2017 Unarranged overdraft fees have been in the spotlight recently, with the CMA heaping criticism onto such fees and the FCA calling for change. Yet despite this, the average unarranged overdraft fee has fallen by just £1.43 since the start of 2017. Read More...

Current Account Star Ratings 2017 announced

Updated: 11th September 2017 - First Published: 11th September 2017 Moneyfacts has completed its annual assessment of the personal current account market and awarded its annual Moneyfacts Star Ratings, revealing which standard, premium, student, graduate, youth and packaged accounts are worth considering this year. Read More...

The free bank account myth

Updated: 08th August 2017 - First Published: 08th August 2017 Many people may be tempted to believe that they are getting a ‘free’ bank account when they don’t see any upfront or monthly fees, but our latest research shows that nine in 10 current accounts charge some kind of fees. Read More...

Change to overdraft rules on the cards

Updated: 31st July 2017 - First Published: 31st July 2017 Falling into an unplanned overdraft can be a costly mistake, with sky-high fees and additional charges making it something that can be difficult to recover from - which is why it’s welcome news that the UK’s financial watchdog is calling for change. Read More...

Time to switch current account?

Updated: 27th July 2017 - First Published: 27th July 2017 Many of us have been with our current account provider for years, and often fail to give switching much thought. However, with fierce competition, now could be a great time to reconsider your options, and join the millions of others doing just that. Read More...


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