MoneySavingExpert News

App only banking

Savings app Chip shakes up its membership plans – what this means for you

Savings app Chip has simplified its membership plan structure, reducing it from three plans to two, and has also added its autosaving feature to its free 'Chip' plan. These changes – which came into effect on 14 January – apply to both new and existing customers.

14 January 2022

Nationwide pays £60 to banking customers affected by its recent glitch - here's what you need to know

Thousands of customers affected by the three Nationwide glitches over the past month could be eligible for compensation, the building society says. If you’ve been financially impacted then it might be worth contacting the bank to see if you can get money back.

13 January 2022

Starling Bank to introduce fee for current account holders who deposit more than £1,000 a year via the Post Office

Starling customers who deposit cash into their account via the Post Office will be charged 0.7% per payment over £1,000 from 1 March 2022 in sweeping changes announced by the bank.

17 December 2021

Monzo becomes first major bank to launch buy now pay later scheme – here’s how it stacks up

Monzo has today (16 September) launched Monzo Flex, a buy now, pay later (BNPL) scheme, Monzo Flex, which will allow customers to make payments and then pay back in instalments.

23 September 2021

Thousands of HSBC clubs and community bank account holders face being moved to a new account from November that costs £60/yr

Thousands of charities, sports clubs and community groups with HSBC's free Clubs and Community Bank Account face being moved to the bank's new Charitable Bank Account from 1 November.

2 September 2021

Monzo launches packaged account with £15/mth fee – but is it worth it?

It comes with travel and mobile insurance, as well as interest and budgeting features

20 October 2020

Monzo to introduce new fees for UK cash withdrawals and card replacements

App-based bank Monzo is introducing new fees for customers who take out cash or order replacement cards from October – though you won't need to pay if you have Monzo Plus or rely on Monzo as your main bank account

1 September 2020

NatWest pulls the plug on app-only bank account Bó

NatWest's app-only bank account Bó is to shut down – less than six months after it launched.

1 May 2020

Al Rayan Bank to switch off online banking next week

Sharia bank Al Rayan has announced it will "switch off" online banking next week, sparking outrage among customers who are unable or unwilling to use an app to access their account

24 February 2020

Mobile bank N26 to close all UK accounts in April

N26 has announced it will stop operating in the UK

11 February 2020