More than a million current accounts were switched to a new bank in 2015, according to new figures published today. But with total switches down 11% compared with 2014, the message is: if you're not gaining from your bank account, switch now.
Fourteen banks and building societies have now signed up to offer Help to Buy ISAs ahead of the scheme's launch next month, the Chancellor has announced.
Over 10 million Barclaycard credit card customers will have their interest rates linked to the Bank of England base rate from February next year, while the same is also happening for some Lloyds Banking Group customers.
A Halifax and Bank of Scotland (HBOS) online security flaw meant balances and transactions were left exposed for others to view – which could have led to a privacy breach for millions, or worse, a risk of fraud .
NatWest and RBS – both part of the RBS Group – are launching a new current account next Monday, which will pay 3% cashback on household bills for a £3/month fee.
If you bank with Barclays and pay to get insurance 'extras' – for example via its Barclays Additions account – you should urgently check if you've activated these; otherwise you won't be covered if something goes wrong.