Banking

Three million Barclays customers will be moved from old savings products to the firm's Everyday Saver in February 2015 as the bank culls off-sale products.

Ulster Bank has been fined almost £2.75 million (€3.5 million) over an IT failure that prevented thousands of customers from using their accounts for more than a month in 2012.

The limit for transferring money by Faster Payments with your bank is £100,000, yet many banks set the limit much lower – sometimes as low as £10,000.

Santander debit and credit card users can earn up to 15% cashback on spending from today, but customers will have to activate each cashback deal before they spend.

Anyone who has moved from one Halifax current account to another could find their Experian credit file does not reflect this due to an IT blunder at the bank.

More than one million current accounts have been switched during the first year of the seven-day current account switching regime, with Halifax so far proving the most popular. But this is still a small number of switches compared to the millions of current account holders out there.

Anyone who still has (N)ISA savings with Intelligent Finance should consider moving their cash elsewhere as its interest rates have today fallen to paltry levels.

Anyone thinking of getting TSB's current account should do it this weekend if they want to max the amount of interest they can earn by opening four accounts, as this feature will be axed for new customers from Monday.

Current account customers are at risk of being hit with unexpected charges or losing their perks if they don't clarify with their bank whether minimum cash deposits have to be paid on a per calendar or per statement month basis.