Current Accounts

The OFT has criticised the UK current account market

OFT says banks letting down current account customers

Despite being highly critical of the service banks offer to personal current account customers the Office of Fair Trading has decided not to refer the matter for a full investigation by the Competition Commission.

M&S Premium current account offers £600 of freebies for £20pm

M&S Bank has launched a New Year offer on its Premium current accounts with or without travel insurance costing £15 or £20 per month respectively with freebies valued at £337 or £582 annually.

Halifax is offering up to 100 per cent refund of balance transfer fees on its All in One credit card

Halifax All in One credit card offers up to 100% refund on fees

Halifax has launched a new offer on its All in One credit card alongside its new current account switching offer which allows customers 12-month fee-free overdraft and £100 cash.

Make sure the only way is up for your finances in 2013

The cheapest ways to pay off Christmas debt

If you are dreading your next credit card bill after living it up over Christmas then take control of your finances and find the cheapest method to pay off your debts.

Halifax has launched a fee-free overdraft offer for 2013

Halifax tempt new customers with fee-free overdraft and £100

Halifax has launched a tempting New Year offer for current account holders offering a 12-month fee-free overdraft and £100 to switchers subject to status and credit.

Santander has launched a new rewards scheme

Santander launches Amazon rewards for current account referrals

Santander has unveiled a new £20 Amazon rewards scheme for existing 123 current account and 123 credit card customers who recommend friends to the products.

Basic bank account holders are having access to cash withdrawals threatened

RBS and Lloyds urged to rethink policy on basic bank accounts

Consumer Focus is calling for banks to sign up to a set of minimum standards governing basic bank accounts as Andrew Tyrie says RBS and Lloyds actions could influence other banks to limit cash machine access.

Bank account customers are being urged to check their statements for unused DD's

2.7m could be paying for DD's they no longer use

Research from Moneysupermarket.com suggests up to 2.7 million current account customers could be paying for direct debits that they no longer use.

Halifax has reintroduced its £100 switching incentive

Halifax brings back £100 current account switching offer

The Halifax has re-introduced its offer of £100 for people switching current accounts to the Halifax. Customers also receive £5 every month that they pay in £1,000.

Lloyds Banking Group and the Co-op have experienced technical issues today

RBS, HSBC, Lloyds, Halifax and Co-op banks all suffer glitches

Technical problems affected RBS, HSBC Lloyds TSB, Halifax and Co-op customers. Most of the problems have now been resolved but some customers could not access cash yesterday.

Whcih? is calling for a "big change" in banking practices

Which? survey finds just 11% of consumers trust bankers

Consumer champion Which? has stepped up its call for banking reform with the launch of its "Big Change" campaign.

HSBC is to allow its current account customers to use the Post Office counters

HSBC changes its mind on Post Office banking

HSBC is to allow its nine million current account customers to perform basic banking transactions at all Post Office counters in the UK.

First Direct lead the way for customer satisfaction, according to Which?

First Direct lead the way in Which? bank satisfaction survey

A new survey by Which? puts the top banks with 80% of customers at the bottom of a customer satisfaction league table woth First Direct leading the way.

A new poll suggests customers would like portable ban account numbers, like with mobiles

Which? asks why bank accounts can't be portable like mobiles

A poll set up by Which? says customers would prefer to have portable account numbers like in the mobile phone industry so they could switch bank accounts easier.

The Financial Ombudsman has published details of complaints to UK banks in the first six months of 2012

Lloyds and Barclays are Britain's most complained about banks

The Financial Ombudsman Service (FOS) has published details of the top ten most complained about banks in the first six months of 2012 and Lloyds and Barclays top the PPI-dominated list.

Lloyds and RBS have been told to lift restrictions on ATM use for basic bank account holders

MPs tell Lloyds and RBS to lift cash machine restrictions

A Treasury Committee has told Lloyds and RBS to lift the restrictions on basic bank account holders being able to access cash from all of their ATM's.

John Lewis is seen as a trusted option for banking services

Consumers opt for trusted names to run bank accounts

A new survey shows that just one in ten think high-street banks offer "best value" and most would choose established names like John Lewis or Asda to run their current accounts.

Choosing the right student bank account is vital

The top five student bank accounts for 2012

With higher tuition fees managing your finances as a student has never been more important. look for the highest interest-free overdraft. Myfinances.co.uk selects the top five.

Santander has announced improvement s to its student bank accounts

Santander extend student bank account £50 switching offer

Santander has extended its £50 switching offer for students to move to their student bank accounts and has announced higer overdrafts for year one and two students.

Halifax unveils improved student bank account

The Halifax has launched an improved student bank account that guarantees a successful applicant a £1,000 interest-free overdraft, potentially rising to £3,000.

Lloyds to sell more than 600 branches to Co-op

The Co-op to buy 632 Lloyds bank branches

Lloyds Banking Group has agreed terms with The Co-operative Group to sell 632 of its branches in a deal worth up to £750 million.

M&S to charge monthly fee for bank accounts

Marks & Spencer to charge £20 a month for current account

Marks & Spencer is to charge its bank customers up to £20 a month for a current account, the high street retailer has announced.

The Co-op is set to acquire 630 Lloyds branches

Co-op acquisition of 630 Lloyds branches will boost competition

The Co-operative Bank is set to acquire 630 Lloyds branches for less than £1 billion and increase its market share in the UK retail banking sector to ten per cent.

The OFT is to launch an investigation into the personal current account market

Watchdog reviews current accounts in fresh banking probe

The Office of Fair Trading has announced that it is to launch an investigation into the personal current account market to improve competition and review whether previous advice has been implemented.