RBS is offering £100 to new and existing customers who switch to its Select, Reward or Premier current accounts – the second big bank switching bribe to launch in recent weeks.
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.
Halifax is offering £100 to customers who switch to its relaunched Reward Current Account – the first bank switching bribe we've seen since the coronavirus crisis started in March.
Four million Santander customers will see the cashback offered on their 123 and 123 Lite accounts changed from October. 123 Lite customers will also see their account fee doubled to £2 a month.
App-based bank Monzo has relaunched its premium 'Monzo Plus' account with a £5 monthly fee. The account offers new features including 1% interest on up to £2,000 and extra fee-free cash withdrawals abroad – but is it worth it?
15 July 2020
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