MoneySavingExpert News

Bank account

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

Tesco Bank current account holders have until Monday to benefit from switching offers of up to £130 before their accounts are closed

Tesco Bank is closing its current account arm and users have until 11.59pm on Monday 15 November to benefit from cash switching bonuses of up to £130 offered by other providers. The bank will close all of its remaining current accounts on 29 November.

12 November 2021

JP Morgan launches new 'Chase' bank account that pays 1% cashback and 5% interest - here's how it compares

Investment bank JP Morgan has this week announced the launch of a brand new current account called 'Chase'. It offers customers 1% cashback on most spending for a year, 5% interest on savings made when you round-up purchases, and fee-free debit card use abroad. But most can only get it from November and you could earn up to £130 switching bank account NOW, so is Chase worth it?

24 September 2021

Six banks will pay you up to £130 for free to switch to 'em - grab cash from one or maybe all

If you're not deliriously happy with your existing bank account, carpe payem (seize the payment) and do it now while the choice is wider than a whale's yawn.

21 September 2021

15 gold medal MoneySaving successes of 2021 - including £7,000 council tax back, £22,000 competition win, £250 WFH tax claim

As many feel moved by Team GB's recent Olympic success, we hope to inspire you to overcome your financial hurdles and achieve a knockout MoneySaving victory by celebrating 15 of our users' best successes of 2021. Some require you to go the extra mile (for a big reward), others are swimmingly easy. On your marks, get set, go...

17 August 2021

Warning - if your debit and credit card contact details aren't up to date, online payments could be declined due to new fraud checks

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.

7 June 2021