TSB is a popular choice for customers who keep their accounts in the black due to its Classic Plus current account paying 5% AER (4.89% gross) on credit balances up to a ceiling of £2,000. (max interest of £97.80 per year – paid monthly). On top of Read More
As part of its review into the retail banking market the CMA is looking closely at unauthorised borrowing charges for overdrafts. Whilst forcing banks to clearly show a Monthly Maximum Charge (MMC) for unauthorised overdraft charges will enable consumers to see which banks are cheaper in Read More
Latest figures released by Bacs show that 257,638 current account customers moved their bank account via the current account switching service in the last three months of 2015. That’s an increase of 11% on the previous quarter, whilst looking at the year as a whole, Read More
What’s the deal? From 5 January 2016 customers transferring their current account to M&S Bank via the Current Account Switching Service (CASS), including two active direct debits, will receive a £100 M&S Gift card, plus an extra £10 per month (credited to the gift card) Read More
I’ve got a feeling that 2016 could be the year where we say goodbye to bargain basement loan rates. On the flip side it could mean that tide starts to turn in favour of beleaguered savers who have had to contend with paltry interest returns Read More
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