Current accounts news, Oct - Dec 2008

NatWest launches international mobile money transfer service

23 December 2008

NatWest's Polish current account customers can now send money home using a dedicated mobile transfer service.

Halifax launches reward current account

15 December 2008

A new current account is to be launched by Halifax in 2009.

Consumers switching current accounts as financial crisis deepens

11 December 2008

The economic downturn has triggered an increase in current account switching, it has been found.

Current accounts 'can aid prisoner rehabilitation'

03 December 2008

Allowing prisoners to open current accounts while in jail could help to reduce the rate of re-offending, it has been claimed.

Post Office 'may launch current account'

21 November 2008

Customers may soon be able to bank with their Post Office branch as plans are underway to expand the range of financial services offered by the network.

Abbey offers £100 bonus to new current account consumers

20 November 2008

Abbey is offering a £100 bonus to consumers who transfer their salary and direct debits to its limited edition current account before December 15th.

Current accounts 'running dry before payday'

19 November 2008

As rising living costs continue to put a squeeze on disposable incomes, many consumers are seeing their current accounts run dry before they receive their next pay packet.

Over-50s urged to examine their current accounts

18 November 2008

Britain's over-50s are being urged to examine their current accounts to ensure they are making the most of their money.

Current account providers cut in-credit rates

10 November 2008

Following last week's 1.5% cut in interest rates, current account providers have been reducing their own in-credit rates, according to analysis by uSwitch.com.

FSA plans banking shake-up

05 November 2008

The Financial Services Authority (FSA) is planning a radical shake-up of the retail banking industry that would see the watchdog oversee all bank services, including current accounts.

Abbey launches lifestyle current accounts

30 October 2008

Abbey has launched two new current accounts offering a range of lifestyle benefits designed to suit the needs of different customers.

Lloyds apologises over wrongly-issued warning letters

29 October 2008

Lloyds TSB has apologised to a number of current account customers after they were wrongly informed that they had gone overdrawn.

Premier 50 Current Account offers 'market-leading interest rate'

28 October 2008

The Premier 50 Current Account from Alliance & Leicester still offers "market-leading" credit interest rates one year after its launch, the bank has claimed.

High court bank charges decision 'a blow for consumers'

13 October 2008

The high court ruling not to allow consumers to challenge bank penalty charges under common law comes as a blow for current account customers, uSwitch.com has claimed.

Barclays to open Piccadilly Circus branch

08 October 2008

Barclays current account customers may be interested to hear that the bank is to open a new branch at London's Piccadilly Circus.

Couples 'should pool current account cash'

02 October 2008

Couples may be missing out on higher interest payments by failing to pool their current account cash, it has been claimed.