Banking

The personal current account market could face a full-scale investigation by the competition watchdog after its preliminary probe found it "lacks effective competition" and "does not meet the needs of customers".

If you've taken advantage of your tax-free ISA allowance every year since the accounts were introduced in 1999, you should check how much you've saved as you may now have breached the UK's £85,000 safe savings limit.

Banks that pay ultra-low interest rates on savings accounts because customers tend not to switch away may face a crackdown from the industry watchdog.

HSBC, Lloyds Banking Group and RBS are the latest firms found to have used dubious 'legal' tactics to pressurise indebted customers into paying. MoneySavingExpert.com has received copies of a number of misleading letters from the banking giants.

If you've got a Santander credit card and you've recently paid your balance online with a debit card, check your statement now – the bank's admitted charging people twice following a technical glitch.

ISAs transform into NISAs (New ISAs) today, meaning everyone can now put £15,000 into cash or shares savings without paying tax on it.

16 and 17-year-olds can save up to £19,000 tax-free this year under today's ISA revamp, meaning they could net £100s in interest if they put the maximum amount away.

If you've opened a fixed-rate ISA since 6 April, you should hurry to top up your savings if you can afford to do so, as many providers have opened a short window for new money to be deposited following today's ISA revamp.

You'll soon be able to pay a cheque into your bank account simply by uploading a photo of it, under new measures confirmed by the Government.

It should soon be easier to compare current accounts and to switch to the best bank for your spending habits after major providers have confirmed they'll provide customer's data in a uniformed format.