The latest current account switching figures from bacs reveal that Santander lost more customers than it gained in the last quarter of 2016 following a cut to the credit interest rate on its popular 123 current account. During the last three years Santander has frequently Read More
I’ve spent a bit of time this year working with Tesco Bank exploring ways to make it easier for people to figure out which bank account would work best for the way they run their current account finances. The red, amber, green colour coding idea seems like Read More
Santander remains ahead of Halifax as number one choice for current account switchers 4 high street banking giants lose more than a quarter of a million accounts to rivals between them in 2014 Rewards appear to be the main driver for switchers Andrew Hagger looks at the Read More
The latest current account switching figures show that although more people are voting with their feet and looking for a more suitable banking relationship, the vast majority are refusing to budge from their existing provider despite the array of enticing up front cash incentives on Read More
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 amalgamated Q1 and Q2 to show Read More
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