Current accounts

The bank charges reclaiming campaign has saved consumers almost a billion pounds a year in lower fees, the Office of Fair Trading has said.

Thousands of Lloyds TSB, Halifax and Bank of Scotland customers have been left frustrated after being unable to send or receive Faster Payments. In the worst cases, people have been left without their wages, but the banks say they will refund charges.

Halifax is to cut some of the benefits of its Reward current account — which pays customers £5 a month — from May, in a blow to users.

Halifax has launched the longest fee-free overdraft, but the deal is limited to those with good credit records, while there is a sting in the tail once the 12-month offer ends.

Paperless statements and payslips are becoming the norm in the online world but they can harm your chances of getting a mortgage or benefits, so ensure you ask for original copies well ahead of applying.

Lloyds TSB and Bank of Scotland are suspending the sale of paid-for current accounts in branches and over the phone in the new year.

A growing number of people in Britain are struggling to remember their passwords, a new report shows.

Nationwide has launched a current account paying interest, but it can be beaten by a host of other deals.

Banks should set minimum standards for basic bank accounts, which are used by one in five customers in the UK, a new report from Consumer Focus says.