Nine British personal and business bank account providers have fallen in line with Treasury demands by offering fee-free basic bank accounts to Brits.
Tag Archives: debit cards
Lloyds sells again, Virgin Money throws hat in ring
The news has been all current accounts all the time this week, as it came to light that Lloyds TSB will start selling again and Virgin Money is launching.
Multiple RBS embarrassments destroy its reputation further
When it rains it pours for RBS: not one but two major fiascoes have sent the beleaguered bank scrambling to apologise and regroup.
Customers of 2 banks left unable to use debit cards again
Customers of two personal and business bank account providers were left unable to make use of their debit cards once more due to a recurring ‘service issue’ that has already occurred four separate times over the past few weeks, it was recently reported.
Metro Bank opens new branch amidst competitor closures
Even as its competitors continue to close their own branches, one new provider of personal and business bank accounts has recently opened its newest, bringing it to a sum total of 11.
HSBC crippled by two hour loss of service recently
One of the largest providers of personal and business bank accounts in the UK suffered a crippling loss of service recently, as all of their computerised systems crashed catastrophically, only to be regained after around two hours.
Use of debit cards has rocketed this past year
The use of debit cards by consumers has rocketed this past year says the UK Payments Council, the strategic payment systems oversight organisation.
UK consumers turning to debit cards as cash alternative, figures show
An increasing number of UK consumers have been turning to their debit cards in order to make purchases instead of resorting to carrying cash, according to new figures recently released by the Payments Council.
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