Current accounts

High street bank TSB i s reviewing the 5% rate it pays out to savers on its best-buy Classic Plus account, MoneySavingExpert.com understands.

HSBC has fallen into last place in our latest banking poll with just 38% of its current account customers rating it 'great' for customer service, while First Direct has extended its six-year reign at the top of the table with 91% giving it the thumbs up.

Rewards and interest rates on Lloyds', Halifax's and Bank of Scotland's flagship current accounts could be under threat, after their parent company Lloyds Banking Group said it will conduct a review as a result of "changing market conditions".

Santander is taking an axe to its flagship 123 current account by chopping the headline interest rate in half later this year, MoneySavingExpert.com can reveal.

If you're a Barclays, Halifax or Co-operative Bank customer who earns 'rewards' in the form of monthly cash payments on your current account, you may owe tax.

Plans to give homeowners the option of switching their mortgage provider within just one week are being considered by the Government, as part of an effort to make switching easier for consumers across a range of sectors.

The competition watchdog has called for monthly unarranged overdraft fees to be capped as part of its recommendations to overhaul the way banks work.

The new tax year starts today, and while in the past the cheers were for the new ISA allocation, today it's time to pop open the champagne for a huge change that means for all but bigger savers an ISA now holds little point.

Normally we're about easy, sensible or clever things to stop you wasting cash. Yet today, to channel the Godfather of Soul... let's take it to the bridge now, like a MoneySaving machine (get on up).