MoneySavingExpert News

Bank account

Trying to open a Kroo account? There's an up to 10-day delay due to high demand – here's what you need to know

App-only bank Kroo has admitted it's taking up to 10 days to open some accounts as it struggles to meet demand after it launched a market-leading interest rate.

7 February 2023

NatWest to close 23 more branches this year – here's the full list, plus alternatives

NatWest has announced it will close a further 23 bank branches between April and June this year, on top of the 43 branches that have either already closed or are set to close between January and March.

26 January 2023

First Direct doubles interest on regular saver to 7% – here's how to get the new rate

First Direct is doubling the interest rate on its regular savings account from 3.5% to 7% on Thursday 1 December. It's the highest rate we've seen on this type of account since 2012. But there are a few catches – here's what you need to know.

29 November 2022

HSBC current account customer? You can now get 3% ‘easy-access’ on your savings – though you can earn more elsewhere

HSBC has upped the rate of its Online Bonus easy-access savings account to 3%, beating the top market rates. You'll need to have (or get) an HSBC current or savings account to get it, however, and the rate is significantly dented if you withdraw money.

24 October 2022

Chase customers left unable to access accounts as app goes down – here's what we know

Chase customers are currently unable to access their accounts or make payments due to technical issues at the app-only bank.

7 October 2022

Barclays launches 5.12% linked savings account – here's how to get it

Barclays' has launched a new linked "Rainy Day Saver" savings account for Blue Rewards members, which pays 5.12% interest on balances of up to £5,000 – over double the top open-to-all easy access account. You need to jump though a number of hoops to get it though.

4 October 2022

Almost 200,000 current accounts switched during first three months of the year – here are the best deals, including £150 from First Direct

Almost 200,000 current accounts were switched during the first three months of the year, up two-fifths on the same period in 2021. In total, eight million current account switches have taken place since the free Current Account Switch Service was launched in 2013.

28 April 2022

Chase launches market-leading savings account that pays 1.5% and allows you to put away up to £250,000 – here’s all you need to know

JP Morgan’s digital bank Chase has today (28 March) launched the Chase Saver account, a new option for customers to increase their savings, offering a 1.5% AER variable rate. Savers will be able to deposit up to £250,000 across all accounts from any other bank account they have.

28 March 2022

Warning: Online payments could be declined if your debit and credit card contact details aren't up to date as new fraud rules take force today

Card users are being urged to ensure their bank or lender has up-to-date contact details for them as providers begin to roll out new measures to verify transactions. If your card provider can't reach you to prove your transaction is legitimate, your payment could be declined. Here's what you need to know.

14 March 2022

Packaged bank accounts among most complained about financial products - but only 4% of complaints are upheld

Packaged bank accounts were among the most complained about financial product between October and December last year, according to the Financial Ombudsman Service (FOS) - but only 4% of complaints were actually upheld.

23 February 2022