Yorkshire Building Society complained this week that the new rules put into place to make it easier for customers to switch bank accounts aren’t doing enough.
Countless Barclays customers are furious after being informed that they’re being forced into an unwanted and unsolicited switch to a different current account.
Last year saw a record number of Brits switching personal and business bank accounts to new providers, according to new data from the Payments Council.
Banks and building societies across the UK have given it to the nation’s savers on the chin once more, with interest rates being slashed on scores of products.
If you’ve got a personal or business bank account – and who doesn’t? – you need to look out for fraudsters looking to scam you out of your hard-earned cash.
Welcome to the 21st century, Barclays customers: your bank now accepts cheque deposits via smartphone cameras. Just like most other non-Stone Age banks.
The financial ombudsman released new figures concerning the worst banks in the UK in terms of number of complaints – and it’s clear customers have had enough.
It’s a rare week when I don’t have anything to complain about, but here it is: whether you’ve got a savings account or a current account, things are looking up.
Competition betwixt High Street lenders and new upstarts is hotting up, which is good for consumers – but experts say that free accounts may be a casualty.
In one fell swoop, the Government has managed to both help countless banking customers whilst also alienating them at the same time – a remarkable feat indeed.