Uswitch comments on current account switch service figures
Commenting on the publication of the latest figures for the Current Account Switch Service, Tashema Jackson, money expert at https://www.uswitch.com/banking/>**Uswitch.com****,** says: “The flood of switching incentives at the start of the year has finally spurred people into taking action. Yet despite record numbers of switchers, it is still a drop in the ocean compared to the millions of current account customers.
“Many people are aware that there are savings to be had by switching current accounts, but uncertainty for those with overdraft facilities about whether their new account will provide a similar buffer, means many are reluctant to switch.
“What’s been clear throughout the Competition and Markets Authority’s retail banking market investigation is that the industry could do more to remove the remaining barriers to switching.”
Find out how you could save over £1,000 a year with Uswitch here.
FOR MORE INFORMATION
Rory Stoves
Phone: 020 3872 5613
Email: rory.stoves@uswitch.com
Twitter: @UswitchPR
About us
It’s all about “U”!
Thank you for indulging us over the last 20 years by using a small ‘u’ and a big ‘S’ when writing about our brand in your articles.
We are delighted to let you know that you are now off the hook - it’s big U’s all the way (and small s’s) as we undertake our biggest ever rebrand - so let your autocorrect go wild!
About Uswitch
Uswitch is the UK’s top comparison website for home services switching. Launched in September 2000, we help consumers save money on their gas, electricity, broadband, mobile, TV, and financial services products and get more of what matters to them. Last year we saved consumers over £373 million on their energy bills alone.
Uswitch is part of RVU, a new business that also owns Money.co.uk and Bankrate.
If you would no longer like to receive our press releases please email prteam@uswitch.com with 'unsubscribe'.