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 Read More
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 Read More
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 Read More
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 Read More
Hopefully the combination of the quicker switching process and the new customer guarantee launching on 16th September will be the catalyst to get more people to ditch their bank account in search of something more suitable. However, although increased speed of transfer will be the Read More
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