Current accounts

Tesco Bank is closing its current account arm and users have until 11.59pm on Monday 15 November to start the switching process and benefit from cash bonuses of up to £130 offered by other providers. The bank will close all of its remaining current accounts on 29 November. 

American bank JP Morgan Chase has this week announced the launch of a brand new current account in the UK. It offers customers 1% cashback on most spending for a year, 5% interest on savings made when you round-up purchases, and fee-free debit card use abroad. But most can only get it from November and you could earn up to £130 switching bank account NOW, so is Chase's account worth it? 

Twice a year we poll MoneySavers to check how their banks have treated them recently – 'great', 'OK' or 'poor'. Our summer poll closed this week. It's always surprising how well banks do generally compared with other sectors – here are the results, with links to banks that feature in our top picks.

Virgin Money has launched an unusual bank-switching incentive, offering new customers who switch to its current account a free case of 15 bottles of wine from Virgin Wines – but how does it compare?

Santander will cut the interest rate on its popular 123 account again in August to 0.6%, MoneySavingExpert.com can reveal. This comes on top of a rate cut in May from 1.5% to 1% and should act as a clarion call for anyone still with the 123 account to switch to better payers – and there are still a few out there.

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.

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

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

Nationwide is to cut the interest on its popular FlexDirect current account, in yet another blow to current account perks.

Santander will slash the interest paid on its popular 123 current account to just 1% and cut the cashback it offers, MoneySavingExpert.com can reveal. It's also bringing in a single overdraft interest rate of 39.9% across most accounts. We've full details and analysis below, along with answers to some of the questions you've sent us since we first published this article.