Current accounts news, Jan - Mar2009

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Interest rate cut 'a final nail in the coffin for savers'

06 February 2009

The latest interest rate cut could be "the final nail in the coffin" for savers, it has been claimed.

Professor anticipates decline in free banking

02 February 2009

A university professor has warned that the availability of free banking could decline during the recession.

Switching current accounts 'can make money stretch further'

29 January 2009

Two thirds of UK banking customers have not switched their current account in ten years, research shows.

Current accounts 'offer better rates' than some savings accounts

28 January 2009

Consumers are likely to find that they get a better rate on their current account than they do on their savings, it has been claimed.

Current account customers reunited with dormant cash

28 January 2009

HSBC has been reuniting thousands of customers with money left in dormant accounts.

Defaqto reveals depressing situation for savers

22 January 2009

A finance researcher has claimed that savers are suffering as a result of recent base rate cuts.

Mobile banking use to soar

15 January 2009

The number of people using mobile banking around the world is expected to soar over the next few years.

Islamic banking 'has many benefits'

14 January 2009

A spokesperson for Lloyds TSB has welcomed the growth in Islamic banking in the UK.

FSA seeks improved financial compensation system

09 January 2009

The Financial Services Authority (FSA) has announced it is seeking to improve its compensation system for bank depositors.

Barclays to launch contactless debit cards

07 January 2009

Barclays current account customers will soon be issued with contactless debit cards.

Credit union current account extended

06 January 2009

More providers are now offering the credit union current account.

Alliance & Leicester switching bonus 'a great incentive'

05 January 2009

Alliance & Leicester is offering a £100 bonus to customers who switch to its Premier and Premier 50 current accounts.