Current accounts

Lloyds Bank has become the latest to introduce cashback on certain debit card purchases, but is its Everyday Offers scheme any good? And how does it compare to other current account switching incentives?

Energy, mobile phone, credit card and current account providers may be forced to give customers the information they hold on them in future, so consumers can use the details to make better decisions about cutting costs and managing money.

Nearly 90,000 people have switched in the first month since the launch of the new current account switching service. But how has the scheme fared? MoneySavingExpert.com put it to the test.

Seven-day bank switching is fulfilling its promise a month on from its launch, according to those who've tried the service, which also guarantees all incoming and outgoing payments are moved to your new account.

Bank switching should get easier from today, with the launch of a guarantee to ensure all your incoming and outgoing payments will get moved to your new accounts, along with a promise the transfer will happen within seven working days.

Millions of Lloyds TSB customers have been transferred to TSB bank from today in one of British banking's biggest shake-ups.

Bank customers will be able to switch accounts within seven working days from 16 September – but your bank card may not be ready to use within a week of opening your new account.

Premium Bond holders will have their chances of winning slashed next week, as NS&I is cutting the annual 'interest rate' on the prize fund.

Santander will axe its packaged accounts from October, affecting hundreds of thousands of customers.

Complaints about packaged accounts are rising, and the majority are being upheld in favour of consumers, the Financial Ombudsman Service says.