MoneySavingExpert News

First Direct

HSBC, First Direct, M&S or John Lewis bank customer? They're making MORE payments to those in arrears in the past – some worth £1,000s

HSBC, First Direct, M&S Bank and John Lewis Finance are making a second set of payments to customers who were in arrears between 2010 and May 2019

18 May 2021

M&S Bank customer? You can now bag £100+ switch bonuses from HSBC & First Direct no matter how long you’ve held your account

All M&S Bank customers can now switch to HSBC and First Direct regardless of how long they've been with M&S. M&S, which is closing all of its current accounts this summer, had previously said customers wouldn't be able to switch to its sister banks if they'd joined the group since 1 January 2018. But it's now U-turned on this decision.

26 March 2021

HSBC and First Direct cut regular savings rates to 1%

HSBC and First Direct have cut the interest paid on their regular savings accounts from 2.75% to 1% for new customers

24 November 2020

Bank with M&S, HSBC or First Direct? Urgently open its regular saver

M&S Bank is closing its 2.75% AER regular saver account to new customers next week

13 November 2020

App-based banks lead our customer service poll – see how your bank did

Challenger bank Monzo has taken the crown in our latest banking customer service poll – knocking First Direct off the top spot for only the second time ever

3 March 2020

First Direct tops latest official banking league table

First Direct has pipped Metro Bank to the post to top the latest official banking service league table, while RBS took the wooden spoon for the fourth time

17 February 2020

First Direct and M&S Bank follow HSBC in hiking overdraft fees from March

First Direct and M&S Bank customers have been told their arranged overdraft interest rates will be more than doubled to 39.9% from next year

5 December 2019

Your bank could be about to tell you that you've less cash available – here's what you need to know

Three banks have changed the way they show customers' 'available balances' this week, and at least seven more will by mid-December, as the financial regulator brings in new rules on how overdrafts are displayed to customers. But some HSBC and First Direct customers have been left confused by the new changes and worried they've lost cash - so here's a rundown of what's changing and what to look out for

29 November 2019

First Direct to scrap £10/month current account fee

First Direct is getting rid of the £10/mth fee on its popular 1st Account current account next month

16 August 2019

Metro Bank and First Direct top latest official banking league table

Metro Bank and First Direct have jointly topped the latest official banking service league table, while RBS took the wooden spoon for the third time

15 August 2019