MSE News

Current accounts

Tesco Bank to scrap current account interest

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

9 July 2020

Revealed: Santander 123 customers face DOUBLE rate drop – to 1% today and to 0.6% in August

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

5 May 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

Ditch Club Lloyds & Bank of Scotland Vantage – they're cutting interest in October

Lloyds and Bank of Scotland are cutting the interest paid on balances of up to £4,000 on their Club Lloyds and Vantage accounts

8 July 2019

TSB Classic Plus current account interest cut to 3%

TSB has cut the interest on its Classic Plus current account from 5% to 3% from today

2 July 2019

10,000s of Coventry Building Society customers to lose debit cards

Coventry Building Society is to withdraw debit cards from more than 30,000 customers using its MoneyManager savings accounts in September - and some will also lose overdraft facilities

14 June 2019

TSB to cut interest rate on its current account to 3%

TSB has announced it's cutting the interest rate on its Classic Plus Current Account from 5% to 3% this summer - and it's temporarily reviving its £75 switching incentive for those who refer friends and family to the bank

8 April 2019

TSB boss to step down following IT failures

TSB boss Paul Pester has resigned following an IT meltdown in April and subsequent further problems

4 September 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

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