MoneySavingExpert News


Banks to be forced to refund some scam victims from next year as reimbursement rules confirmed – here's what you need to know

Banks will be required to refund most victims of bank transfer scams – known as "authorised push payment (APP)" fraud – from 7 October 2024, under new mandatory reimbursement rules confirmed today.

19 December 2023

Banks to be forced to compensate victims of financial fraud under new Government proposals - here's all you need to know

Victims of authorised push payment (APP) scams could be guaranteed to get refunds from the bank, in plans announced by the Payment Systems Regulator (PSR).

19 November 2021

Santander to close 111 branches by August - here's the full list and where you can bank instead

Santander is to close 111 branches - around 20% of its 563 UK branches - by the end of August. The bank, which blames the move on customers increasingly switching online, says this will leave 452 UK branches. We've full info on which outlets are closing and what to do if your local branch is affected.

25 March 2021

Santander to cut 123 current account interest AGAIN - and it'll now pay 0.3%

Santander customers with the bank's popular 123 current account will see the interest paid on savings drop to just 0.3%.

14 January 2021

New warning issued over automated scam calls

Consumers are being warned to look out for automated phone calls pretending to be from their bank or card company

8 July 2019

'I put the wrong date when getting a comparison quote... and my EXISTING insurer hiked my premium'

Here's why you should NEVER guestimate when comparing insurance quotes, even if you're just checking prices

17 August 2018

First Direct tops first official bank service league table

New rules mean banks have to publish how likely their customers are to recommend them on service

15 August 2018

Got a Lloyds Avios Rewards card? Your rewards will soon be slashed

Lloyds Bank is in the process of changing its Avios Rewards credit card

9 August 2018

Halifax to slash current account rewards

Halifax is cutting the monthly rewards it offers on its Reward and Ultimate Reward accounts from October

25 July 2018

Bank switches topped 950,000 in past year - here are the winners and losers

Almost one million current account switches took place in the last 12 months

25 July 2018