MSE News

Banking

NatWest and RBS apologise after refusing to refund scam victims £10,000s despite new code

Two MoneySavers scammed into transferring £10,000s to fraudsters were wrongly refused refunds despite their banks being signed up to a new code to protect customers from the same type of scam

9 July 2019

Ditch Club Lloyds & Bank of Scotland Vantage – they're cutting interest in October

Lloyds and Bank of Scotland are cutting the interest paid on balances of up to £4,000 on their Club Lloyds and Vantage accounts

8 July 2019

TSB Classic Plus current account interest cut to 3%

TSB has cut the interest on its Classic Plus current account from 5% to 3% from today

2 July 2019

Moneybox launches market-leading cash Lifetime ISA

Financial app Moneybox has launched a cash Lifetime Isa with a market-leading rate of 1.4%

2 July 2019

ATM-finding app will now show you your nearest post office too

With free cash machines disappearing, there's a handy tool to let you find nearby ATMs where you can withdraw cash for free – and it'll now also show you thousands of Post Office branches where you can take cash out over the counter

21 June 2019

Clydesdale & Yorkshire Bank to rebrand as Virgin Money by the end of 2021

Clydesdale and Yorkshire Bank, as well as app-based bank B, will all be rebranded as Virgin Money by the end of 2021

19 June 2019

10,000s of Coventry Building Society customers to lose debit cards

Coventry Building Society is to withdraw debit cards from more than 30,000 customers using its MoneyManager savings accounts in September - and some will also lose overdraft facilities

14 June 2019

Martin: 'After 10 years there's finally an end to unfair bank charges'

Fixed daily overdraft fees will be banned and replaced with a single interest rate next April, the financial regulator has announced

7 June 2019

Reports of counterfeit banknotes plummet after shift to new fivers and tenners

Fewer than five fake polymer £5 and £10 notes are being reported to the Bank of England each month, MoneySavingExpert.com can reveal - a massive reduction on the 1,000+ counterfeit notes spotted each month when the notes were still paper

6 June 2019

Monzo apologises for bank transfer problems

The app-based bank is investigating a problem which is delaying bank transfers, or causing them to fail

31 May 2019

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