Banking

Today (30 September) is the final day before paper £20 and £50 notes are withdrawn from circulation, so act now before shops stop accepting them. You can spend the notes until midnight tonight, but after that you'll have to bank them or swap them.

John Lewis Partnership credit card-holders will no longer be able to use their Mastercards from 6pm on 31 October 2022. It comes as lender NewDay is set to take over from HSBC as the provider of the rewards card, which means you'll need to reapply for the new card once launched if you want it. Below we explain what the shake-up means for repayments, any debts owed and rewards balances.

Customers who signed up to Chase and activated their 1% cashback offer before 1 March 2022 will now have up to five months longer to earn rewards after the bank extended the end date. Here's what you need to know.

Barclays customers have voiced concerns after being given just one month's notice that their "safety net" overdrafts will be removed during the cost of living crisis. The bank has told us it's cancelling overdrafts for some users who haven't dipped into them in for at least a year. Unhappy customers can appeal the decision - though make sure an overdraft is right for you first. Here's what you need to know.

The Bank of England has increased the base rate to 1.75% from 1.25% - the biggest single rise in 27 years. This rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn.

Coventry Building Society customers have been unable to make payments, transfer cash or withdraw from their savings accounts online after "an internal technical issue" meant some of its services went down for almost two days. See below for all you need to know.

Barclays has announced another round of bank branch closures, with 10 more outlets set to shut in October and November this year. The latest closures mean Barclays will close at least 107 branches by the end of the year. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.

Lloyds Banking Group has announced more bank branch closures with a further 66 outlets set to close across England, Northern Ireland, and Wales between October this year and February 2023. The closures consist of 48 Lloyds Bank branches and 18 Halifax outlets. 

NatWest is scrapping fees for spending abroad on select credit and debit cards until 2 September. This is good news for existing NatWest customers, but if you’re willing to switch there are better offers out there for fee-free holiday spending.

App-only bank Chase has admitted there are delays of up to five weeks for new customers attempting to open a current account due to high demand. It comes after Chase launched its easy-access savings account - with a then market-leading rate of 1.5% - in March. Here's what you need to know.