MoneySavingExpert News

Current accounts

App-based Starling and Monzo top MSE's latest banking service poll – see how your bank fared

Challenger bank Starling has taken the crown in our latest banking customer service poll, with digital rival Monzo coming a close second and former champion First Direct knocked into third place.

23 July 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

Virgin Money launches 'free wine' switching offer – how does it compare?

Virgin is offering switchers a case of wine worth £180

12 November 2020

Revealed: Santander 123 customers face DOUBLE rate drop

Santander is to cut the interest rate on its 123 current account AGAIN in August, MoneySavingExpert.com can reveal

20 October 2020

UK banks to shut thousands of British expats' accounts – what to do if yours is being closed

Thousands of Brits living abroad in Europe are being told their UK bank accounts or credit cards will be closed by the end of the year as a result of Brexit. We've full help below on what you can try if your account's being closed, plus the latest on what all the major banks are doing

30 September 2020

TSB Classic Plus interest rate to fall to 0%

TSB will no longer pay any interest on its Classic Plus current account from December

23 September 2020

Interest rates on Club Lloyds and Bank of Scotland Vantage accounts to be slashed

Lloyds and Bank of Scotland customers will earn less interest on Club Lloyds and Vantage accounts from October

23 July 2020

Tesco Bank to scrap current account interest

Tesco Bank customers will no longer earn interest on their current accounts from September

9 July 2020

Nationwide to slash FlexDirect interest – but newbies still have three weeks to grab 5% for a year

Nationwide is to cut the interest on its popular FlexDirect current account from 5% to 2% AER in May

6 April 2020

Martin Lewis says Santander 123 is now a dead duck current account as it cuts interest and cashback

Santander will be slashing current account interest to 1% on its popular 123 account this spring, and introducing a single overdraft interest rate of 39.9%

21 January 2020