Banking

NatWest, Royal Bank of Scotland (RBS) and Ulster Bank, which are all part of the NatWest Group, will shut at least 100 of their bank branches in 2024/25, after the Group announced a further 18 RBS closures.

The Bank of England has held the base rate at 5.25% for the fifth time in a row. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

If you're a Chase customer, you'll soon need to pay in at least £1,500 a month to qualify for its 1% debit card cashback offer. But depending on when you signed up, this change won't take effect immediately – and you can work around it if you'll spend less than £1,500 each month.

Barclays will shut at least another 99 bank branches throughout 2024 and 2025 after announcing 22 more closures. This is in addition to the 177 branches it closed in 2023. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.

The Bank of England held the base rate at 5.25% for the fourth time in a row on Thursday 1 February. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

Sainsbury's Bank plans to eventually stop providing banking services including loans, credit cards, savings accounts and more, the firm has announced – but it's still very early days and there's NO change for new or existing customers right now.

The Bank of England held its base rate at 5.25% for the third time in a row on 14 December. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

Around 2,000 Think Money customers have been locked out of their accounts after the current account provider relaunched its app. Some say they've waited weeks to gain access, while others have been held on the phone for hours trying to get help. We explain what's happening and detail your options. 

Expats who bank with Barclays face having their UK accounts closed following a "strategic review" by the bank, leaving some customers worried about the alternatives available to them.

Barclays will shut at least 214 of its bank branches throughout 2023 and 2024 – more than a third of its entire UK network – after announcing a further 18 branch closures. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.