Nationwide savings customers should sign up to a free service to make sure they're alerted when their rate drops, or in the less likely event the building society boosts returns.
Mobile phone payment technology took another step forward with the launch of a scheme allowing people to take cash from an ATM without using their debit card.
Firms which offer investments such as personal pensions and Isas face tougher rules to ensure they give people a more realistic prediction of potential returns.
Santander is offering a £50 sign-up bonus to university-goers who open a Student Current Account before 30 June, in a revival of the student cash bonus.
Banks will be made to display clearer information online and in branches on how much compensation savers could claim if their provider went bust. However, the new rules stop short of forcing banks to include the information on statements.
28 May 2012
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