App only banking

Monzo has become the first major bank to launch its own buy now, pay later (BNPL) scheme. The bank's 'Flex' service enables its current account customers to make interest-free repayments in three instalments over three months on purchases worth between £30 and £3,000. But interest of 19% APR will be charged if you need to repay in more than three instalments. Here's what you need to know. 

Thousands of charities, sports clubs and community groups with HSBC's free Clubs and Community Bank Account face being moved to the bank's new Charitable Bank Account from 1 November. The new account comes with a £5/mth (£60/yr) fee but you can switch to a free charity bank account offered by other providers beforehand to avoid the charge. Here's what you need to know.  

App-based bank Monzo has launched a packaged account – 'Monzo Premium' – with a £15 monthly fee. It offers new features including travel and mobile phone insurance and a metal card – but is it worth it?

App-based bank Monzo is introducing new fees for customers who take out cash or order replacement cards from October – though you won't need to pay if you have Monzo Plus or rely on Monzo as your main bank account.

NatWest's app-only bank account Bó is to shut down – less than six months after it launched.

Sharia bank Al Rayan has announced it will "switch off" online banking next week, sparking outrage among customers who are unable or unwilling to use an app to access their account.

App-based bank N26 has announced it will stop operating in the UK, with its accounts to close on 15 April 2020.

NatWest has launched an app-only bank account named Bó, offering built-in budgeting features and an eye-catching yellow card – but how does it compare with more-established digital rivals Monzo and Starling?

Challenger banks Monzo and Starling have scooped the top spots in our latest bank apps poll, with traditional banks left playing catch-up – check how your bank did. 

App-only bank Monzo has launched a premium service, with the option to pay more for features such as travel insurance and extra fee-free cash withdrawals while abroad – but is it any good?