An image-based cheque-clearing system will be introduced later this year that will cut the time it takes for money to reach your account from up to six working days to the next weekday.
Savers have until 11.59pm tonight (Wednesday 15 March) to bag one of Atom Bank's market-leading accounts before the app-only bank cuts the rate on all four of its fixed saver offerings, MoneySavingExpert.com can reveal.
Savers have until 11.59pm tomorrow to sign up for Atom Bank's one-year fixed-savings account paying a market-leading 2%, with MoneySavingExpert.com exclusively revealing that the app-only bank plans to cut the rate to 1.8% from 10 March.
The Bank of Scotland is cutting the headline interest rate on its current account 'Vantage' add-on from 3% to 2% in June, MoneySavingExpert.com can reveal - meaning you'll no longer be able to save £15,000 at 3% interest.
A large number of Barclays customers were left unable to pay with their debit cards, make ATM withdrawals or use some other services after the bank was hit by major IT problems on Saturday.
Savers have been given a much-needed boost in a world of dire rates, after app-only bank Atom launched a raft of best-buy fixed savings accounts – including a one-year account offering 2% interest.
Disabled customers and employees are to be given a voice to promote change and trigger improvements in various industries, following the launch of a Government initiative today.
First Direct has once again been crowned king of customer service in MoneySavingExpert.com's biannual banking poll, while Barclays has the dubious honour of taking home the wooden spoon.
Tesco Bank has blamed "unprecedented demand" for its decision to temporarily stop accepting new applications for its current account, just days after MoneySavingExpert.com highlighted its generous 3% interest rate.
13 February 2017
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