Property News · April 27, 2015

The banks want your current accounts, but who offers the best deals?


As the competition grows fiercer by the day more than a million customers have now taken the plunge and switchedYou might still feel that you are more likely to divorce your spouse than change your current account (according to the oft –quoted adage) but a significant 1.1 million people have taken the plunge and switched to another bank in the past year. And the majority of these – more than 300,000 – moved to just two banks – Santander and Halifax.According to industry figures released last week, in the year to September 2014, the first full year of speeded-up current account switching, the Spanish-owned banking giant made a net gain of 170,551 customers. This put it slightly ahead of Halifax, which offers cash to switch and which made a net gain of 156,639. Continue reading…

Source : theguardian.com
Read more…The banks want your current accounts, but who offers the best deals?

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