MoneySavingExpert News
Banking
Royal Bank of Scotland (RBS) is to pay fines totalling £56 million following an IT meltdown in 2012 which locked millions of customers out of their accounts.
20 November 2014
Several financial firms have agreed to improve the way they deal with customer complaints and it's hoped others will follow suit, following a review by the Financial Conduct Authority (FCA).
17 November 2014
Children as young as four are being encouraged to join savings clubs as part of a bid to prevent them relying on payday loans or racking up heavy debts later in life.
13 November 2014
Ulster Bank has been fined almost £2.75 million (€3.5 million) over an IT failure that prevented thousands of customers from using their accounts for more than a month in 2012.
12 November 2014
Three million Barclays customers will be moved from old savings products to the firm's Everyday Saver in February 2015 as the bank culls off-sale products.
12 November 2014
The limit for transferring money by Faster Payments with your bank is £100,000, yet many banks set the limit much lower – sometimes as low as £10,000.
10 November 2014
Santander debit and credit card users can earn up to 15% cashback on spending from today, but customers will have to activate each cashback deal before they spend.
5 November 2014
Anyone who has moved from one Halifax current account to another could find their Experian credit file does not reflect this due to an IT blunder at the bank.
21 October 2014
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