Current accounts

NatWest and Royal Bank of Scotland have reduced the buffer from which they start charging customers £6 per month for dipping into an authorised overdraft, from £100 to £10.

Lloyds Banking Group (LBG) says a fault which meant Lloyds TSB, Halifax and Bank of Scotland customers were unable to log into their accounts today has been fixed.

Some Halifax and Bank of Scotland Ultimate Reward Current Account (URCA) customers are due a payout after the banks failed to warn users they were increasing a monthly fee.

Customers will soon be able to do their day-to-day banking with the Post Office, after it announced plans to launch its own current account.

New rules have come into force to prevent people from being sold packaged current accounts with benefits they can't use.

Savers in Cyprus with under €100,000 (£85,000) have been spared from a Cypriot government tax by a last-minute EU deal.

Bank of Cyprus's UK customers won't have their accounts raided, the bank insists, following a bailout agreement which could mean Cypriot savers have their deposits taxed.

Nationwide has revamped its FlexDirect current account to include an interest-free overdraft for a year and 5% in-credit interest on balances up to £2,500 for the same period.

Santander has shaken off the unwanted tag of being the worst bank for customer service, replaced by Bank of Scotland and Halifax. What's more, Santander's 123 current account in isolation now ranks as one of the best, in a poll of 9,500 MoneySavingExpert.com users.

Current account switching will be made easier later this year as banks will have to move all your direct debits and standing orders within a week, Chancellor George Osborne has confirmed.