Santander the stand out choice for current account switchers

The established high street banks are haemorrhaging accounts whilst lack of data from ‘Challenger’ banks is disappointing Andrew Hagger of Moneycomms looks at the latest Payments Council data on current account switching. (Payments Council latest figures are Q2 2014 but I have
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Is £150 enough to tempt you to switch banks?

The battle between the banks to attract more current account customers moved up a level this week when Yorkshire Bank (and Clydesdale bank) launched a market leading £150 switching incentive. Halifax, First Direct and The Co-operative Bank already offer a £100 ‘golden hello’ (th
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How much interest could you earn on your current account balance?

If you always keep your bank balance in the black and are keen to earn some interest on your money the table below shows how much it is possible to earn from the banks and building societies depending on the size of the average credit balance you keep in your account.
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Halifax and Santander the big winners in 2014 current account switching war

 Andrew Hagger reflects on the latest current account switching data released by the Payments Council today. Figures for the first quarter of 2014 show that Halifax and Santander are faring way better than the rest of the market. Both banks have advertised heavily on TV and offer at
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New M&S Bank current account hits the shelves

Today M&S Bank launches its new mass market current account, another example of challenger banks offering customers a credible alternative to the often criticized high street banks. The likes of Metro Bank and Post Office may still be in the early throes of rolling out their bank
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Up to 4% credit interest with new ‘Club Lloyds’ bank account – is it worth a closer look?

The upturn in activity in the current account market in 2014 shows no signs of fizzling out with Lloyds becoming the latest high street name to revamp its bank account offer from Monday (31 March). Because bank account customers can and will now switch more easily, providers have rea
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TSB Classic Plus bank account pays 5% on credit balances but is it right for you?

Barely a week after the details of the new M&S bank current account were published, TSB has joined the bank switching fray with its new Classic Plus account , available from the end of March, paying a headline 5% interest rate on credit balances. The 5% rate is restricted to balan
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M&S takes on high street banks with new mass market current account

Andrew Hagger of Moneycomms.co.uk looks at the new M&S Bank account planned for launch this summer. Since the current switching service and guarantee was launched last September there’s been a slight uptick in the number of people moving banks, but that could all change this sum
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