Current accounts news, Apr - Jun 2006

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Basic Bank Accounts popular, but not perfect

28 June 2006

Citizen Advice Bureau says changes need to be made to make BasicBank Accounts available to even more people

Big banks will note Halifax account

27 June 2006

Halifax's decision to give current account customers 5% interest on credit balances up to £2,500 will act as a spur to the UK's biggest banks, according to an expert.

Post Office commits to more free cash machines

23 June 2006

The Post Office has announced that it is to add 500 more free ATMs onto its planned roll-out of the machines in its branches.

7.4m never check current accounts

22 June 2006

Almost one in five current account holders admit to never opening, reading or checking their bank statements.

Cardless loyalty scheme for football fans

15 June 2006

Customers of one of the UK's largest high street banks are to be offered a new loyalty scheme that does not involve the need to carry around a card.

Muslims offered Islamic current account

14 June 2006

The UK's two million Muslims will now have much greater access to a current account that complies with Shariah Islamic law.

A&L take current account awards

12 June 2006

Alliance & Leicester (A&L) has been handed two awards for credit and debit interest on its current accounts.

Record weekend expected for cash machines

30 May 2006

The country's cash machine operator is predicting that the past bank holiday will have produced the busiest day ever for the UK's cash points.

Online bankers offered free anti-virus software

25 May 2006

Barclays is to offer its customers free anti-virus software in order to improve online banking security.

Online bankers feel in control

23 May 2006

Online banking customers are increasingly feeling in control of their finances.

Overdraft added to market leading current account

16 May 2006

Abbey has announced that it is adding an overdraft facility to its already market leading current and savings account offer.

Ex-conman questions chip and PIN

15 May 2006

A reformed conman who inspired a Hollywood film about his life has questioned the security of the new chip and PIN card security system.

Stolen cards taken abroad, warns bank

12 May 2006

Copied bank cards from the UK are being taken abroad to bypass the chip and PIN security system, a bank has warned.

Majority oppose cash machine charges

04 May 2006

Most people think that all cash machines should be free to use claims a poll carried out by Citizens Advice

Bank complaints soar

03 May 2006

The number of complaints against high street banks has soared by almost 50% in the last year

Building society helps fight for free cash machines

02 May 2006

The UK's largest building society has called on the government to take decisive action to protect consumers from fee-charging cash machines.

Link listens to consumers

28 April 2006

The Link ATM network has begun working with a consumer committee in order to better understand the demands of cash point users.

Lloyds TSB offers instant interest on cheques

27 April 2006

Current account customers with one of the UK's largest banks are now to be paid interest on cheques the moment they arrive in their accounts.

Online banking proving popular

25 April 2006

More people are going online to deal with their finances, according to a new survey.

A&L adds to online banking security

21 April 2006

Alliance & Leicester (A&L) has launched a new online banking security system designed to protect its customers from phishing attacks.



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