"Brand new customers only" was once the comical slogan used to mock banks and building societies that hiked existing customer charges while lowering those for newbies.
Borrowers with a mortgage where the interest is calculated once a year could save hundreds of pounds by overpaying in the next two weeks, brokers insist.
Taxpayers were hit for at least another £28.7 billion today as two state-backed lenders unveiled break-up plans on a seismic day for the UK banking sector.
Customers of the three Government-backed banks will get a choice which provider they belong to when the trio are dismantled, the Chancellor has revealed.