Banking giants have agreed to make it easier for consumers to find out how to reclaim mis-sold payment protection insurance (PPI), following an investigation by MoneySavingExpert.com and Which?.
Many leading banks, insurers and energy companies are making existing customers pay to phone them while offering free numbers to new customers, consumer group Which? has found.
The dreaded fee to buy foreign currency in the UK on a debit card is slowly dying, after banks were forced to axe the charge following pressure from the Office of Fair Trading.
Nationwide savings customers should sign up to a free service to make sure they're alerted when their rate drops, or in the less likely event the building society boosts returns.
Santander is offering a £50 sign-up bonus to university-goers who open a Student Current Account before 30 June, in a revival of the student cash bonus.
Many savers with cash in Santander UK are worried about the safety of their money due to problems in Spain and the wider European economy. However, the bank stresses it is a separate entity to its Spanish parent, which therefore cannot raid UK cash.
Savers not warned when their rate is due to dive following the end of a fixed term could be due compensation, following a ruling by the independent arbitrator.
Banking giant Santander is ditching the £100 sign-up bonus and 0% overdraft on its market-leading current account, replacing it with a new deal offering cashback.
3 March 2012
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