Banking

Lloyds, Halifax and Bank of Scotland, which are all part of the Lloyds Banking Group, will shut at least 292 of their bank branches in 2024 and 2025, the Group has confirmed.

Nationwide will raise the fee on its popular FlexPlus packaged bank account from £13 a month to £18 a month in December, the building society has announced. If you've got the account, it's likely worth sticking with it for now – though you should remember to look at alternatives when the new fee kicks in. Here's what you need to know.

Barclays is overhauling its 'Blue Rewards' loyalty scheme for 100,000s of customers by scrapping monthly cash payments and adding Apple TV+ instead. The changes mean most should ditch the scheme from Wednesday 4 September. Here's what you need to know.

Chase has cut the rates on its linked savings accounts by 0.25 percentage points. As of Thursday 8 August, its easy-access 'boosted saver' now pays 4.85% – down from 5.1% – while its standard saver pays just 3.85%. The changes mean you can earn more on your savings elsewhere – though Chase is still worth keeping for its debit card perks.

The Bank of England has cut the base rate from 5.25% to 5%. This rate is used by the central bank to charge other banks and lenders when they borrow money, so the move will impact mortgage and savings rates. Here's what you need to know.

If you're a Lloyds, Halifax or Bank of Scotland customer, the interest rate you're charged for using your overdraft could be going up from today (Friday 2 August). The Lloyds Banking Group, which owns all three brands, says most customers will be charged the same or less after its shake-up – but others will pay more, and some Club Lloyds customers will see their rate nearly double, from 27.5% to 49.9%.

You've just days left to grab Chase's temporary 5.1% easy-access savings deal, as the app-only bank has announced it'll stop offering the boosted rate to newbies after 11.59pm on Wednesday 17 July.

The Bank of England has held the base rate at 5.25% for the seventh time in a row. But with some economists and traders still predicting a rate cut in August, there could be a knock on impact on mortgage and savings rates. Here's what you need to know.

If you have a credit card, loan or savings with Sainsbury's Bank, you could be moved to NatWest next year as part of a deal between the two banks – but it's still early days and there's NO change right now.

If you bank with Nationwide, you could get a free £100 paid into your account this month as part of the building society's returning 'Fairer Share' scheme. The bonus will be paid to millions of its current account customers who also have savings or a mortgage with it.