MoneySavingExpert News

Basic Bank Accounts

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

Challenger bank 'Fidor' launches in the UK today: But how good is it?

Fidor Bank is an online-only bank established in Germany in 2009, but it's not covered by the UK's FSCS protection

18 September 2015

Earn 5% interest and a free £100 on top

There's never been a better time to switch bank - the 10 need-to-knows

10 June 2015

'Everyone should have access to banking, affordable credit and be encouraged to save'

A financial health minister is needed to help ensure everyone has access to basic facilities, a new report says

11 March 2015

Charge-free basic bank accounts unveiled

A basic bank account with no fees for failed payments has been unveiled by the Government today

15 December 2014