Banking

Customers who signed up to Chase and activated their 1% cashback offer before 1 March 2022 will now have up to five months longer to earn rewards after the bank extended the end date. Here's what you need to know.

Barclays customers have voiced concerns after being given just one month's notice that their "safety net" overdrafts will be removed during the cost of living crisis. The bank has told us it's cancelling overdrafts for some users who haven't dipped into them in for at least a year. Unhappy customers can appeal the decision - though make sure an overdraft is right for you first. Here's what you need to know.

The Bank of England has increased the base rate to 1.75% from 1.25% - the biggest single rise in 27 years. This rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn.

Coventry Building Society customers have been unable to make payments, transfer cash or withdraw from their savings accounts online after "an internal technical issue" meant some of its services went down for almost two days. See below for all you need to know.

Barclays has announced another round of bank branch closures, with 10 more outlets set to shut in October and November this year. The latest closures mean Barclays will close at least 107 branches by the end of the year. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.

Lloyds Banking Group has announced more bank branch closures with a further 66 outlets set to close across England, Northern Ireland, and Wales between October this year and February 2023. The closures consist of 48 Lloyds Bank branches and 18 Halifax outlets. 

NatWest is scrapping fees for spending abroad on select credit and debit cards until 2 September. This is good news for existing NatWest customers, but if you’re willing to switch there are better offers out there for fee-free holiday spending.

App-only bank Chase has admitted there are delays of up to five weeks for new customers attempting to open a current account due to high demand. It comes after Chase launched its easy-access savings account - with a then market-leading rate of 1.5% - in March. Here's what you need to know. 

Time is running out to check down the back of your sofa for any soon-to-be-discontinued paper £20 and £50 notes. There are only 100 days left before they become invalid but the latest figures from the Bank of England show there are almost £15 billion-worth of notes still around. 

Barclays has announced another round of bank branch closures, with 15 more outlets set to shut by the end of the year. The latest closures mean Barclays will close 55 branches by the end of the year. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.