Banking

Santander has today launched its new 'Edge' current account as a replacement to its popular 123 Lite account. Edge gives 1% cashback on household bills, supermarket and travel spending, and comes with a linked savings account paying 4% interest on up to £4,000. Here's how it works, how the cashback offer adds up and how it compares with other banks' accounts.  

NatWest Banking Group has announced another round of bank branch closures, with 43 more NatWest-branded outlets set to shut between January and March next year. The move is on top of the announced closure of 32 branches earlier this year. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.

Thousands more local businesses across the UK will now let shoppers withdraw from 1p to £100 in cash for free – without them having to buy anything – as part of a new initiative by high street bank Barclays. And you DON'T need to bank with Barclays to benefit.

Chase customers have been unable to access their accounts or make payments due to technical issues at the app-only bank for several days. Here's what we know.

Today (30 September) is the final day before paper £20 and £50 notes are withdrawn from circulation, so act now before shops stop accepting them.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.

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.

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.