Basic Bank Accounts
U Account axes prepaid card service from today – here's what you need to know
U Account holders can no longer access their accounts or use their prepaid cards to spend or withdraw cash as the digital bank closed the service from midday today (3 May).
3 May 2022
HSBC to close 69 branches across the UK – here's the full list and what to do about it
HSBC is going to be closing 69 of its branches across the UK. The move follows the closure of another 82 branches which were closed last year.
15 March 2022
Nationwide offers refunds after technical glitch delays payments again – what you need to know
Thousands of Nationwide customers were left unable to transfer money in or out of their accounts after an internal technical glitch meant that all faster payments were queued. Nationwide says that any customers who have been unfairly charged because of the delay will be refunded.
28 February 2022
Starling Bank to introduce fee for current account holders who deposit more than £1,000 a year via the Post Office
Starling customers who deposit cash into their account via the Post Office will be charged 0.7% per payment over £1,000 from 1 March 2022 in sweeping changes announced by the bank.
17 December 2021
Monzo becomes first major bank to launch buy now pay later scheme – here’s how it stacks up
Monzo has today (16 September) launched Monzo Flex, a buy now, pay later (BNPL) scheme, Monzo Flex, which will allow customers to make payments and then pay back in instalments.
23 September 2021
Thousands of HSBC clubs and community bank account holders face being moved to a new account from November that costs £60/yr
Thousands of charities, sports clubs and community groups with HSBC's free Clubs and Community Bank Account face being moved to the bank's new Charitable Bank Account from 1 November.
2 September 2021
Alan Turing to appear on new £50 note
Mathematician and computer science pioneer Alan Turing will appear on the new £50 note
15 July 2019
Millions benefitting from fee-free basic bank accounts, but some Lloyds and RBS customers are missing out
More than four million banking customers benefitted from fee-free basic accounts during the opening six months of 2016
12 December 2016
Nine banks to offer fee-free basic accounts in the New Year
Millions of basic bank account holders will soon be able to switch to a truly fee-free basic account
27 December 2015
Banks told to make switching easier
Banks must make it easier for customers to take charge of their accounts, the competition regulator has announced
22 October 2015
Suggest a Story
Got a money-related news story that affects you?
26 September 2023
-
Martin: It's Meter Reading Week
His 9 energy need-to-knows
-
Martin's savers alert
After base rate freeze
-
Grab 1.5yrs' FREE family insurance
Travel, mobile & breakdown
-
FREE Greggs pizza slice & hot drink
Normally up to £4
-
14,000 Vax codes
Incl £400 cordless for £100
-
Mortgage rates are falling
Is now the time to fix?
-
Now FOUR banks pay you to switch
Up to a FREE £210
-
Read the full email
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
-
EDF Energy to cut bills for some by £30 this winter – Martin Lewis welcomes move but says 'it's not a game-changer'
29 September 2023![]()
EDF Energy will cut bills by £30 for some 260,000 of its customers who get the Government's Warm Home Discount this winter. -
Martin and MSE among organisations calling for energy social tariff as millions expected to struggle with bills this winter
29 September 2023![]()
The Government must urgently introduce an energy social tariff to prevent millions of households from falling into fuel poverty this winter, consumer organisations including MoneySavingExpert have said. -
Train strike refund rights as Northern, Southeastern, Thameslink and more set for week of disruption
28 September 2023![]()
Rail users in England, Scotland and Wales face disruption over the coming week as workers across multiple train operators, including Northern, Southeastern, Thameslink and more, take strike action and refuse to work overtime. -
Mortgage rates fall as Bank of England unexpectedly holds UK rates – so should you fix?
26 September 2023![]()
Interest rates on fixed mortgage deals have been edging down over the past few weeks with some five and 10-year fixes now at below 5%. -
Water bills to rise by less than planned from April 2024 as firms hit with £114 million penalty – here's what we know
26 September 2023![]()
Some water bills in England and Wales could rise by less than planned from April 2024, as 12 water companies have been hit with a collective £114 million penalty for missing targets on pollution, leaks and customer service.
-
Martin Lewis: Is it time to ban unnecessary Christmas presents?
11 September 2023![]()
Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: Five things all new English university starters should know
4 September 2023![]()
The 2023 academic year is about to start, and it'll see the biggest shake-up to student finance in England for a decade. The changes are both subtle and massive. On the surface they look like a tweak, in practice they will increase the eventual cost of going to university by over 50% for many typical graduates.
Clever ways to calculate your finances
