Current Accounts Archive

Published in December 2007

Snap Up A Better Current Account
by Alison Hunt | With the recent worries regarding security breaches, could now be a good time to switch to a better bank account?
Don't Be Robbed By Your Bank!
by Cliff D'Arcy | Take care when choosing a new current account, because these three nasties may be lurking in the small print.

Published in November 2007

Ten Banks Accused Of Misleading Customers
by Neil Faulkner | There has been a defence against the counterstrike!...We're not talking about first-person shooter computer games, we're talking about the latest story in the super-claim against bank charges. Read about the main allegations here.
Ten Banks Accused Of Misleading Customers
by Neil Faulkner | There has been a defence against the counterstrike!...We're not talking about first-person shooter computer games, we're talking about the latest story in the super-claim against bank charges. Read about the main allegations here.

Published in October 2007

Earn 7% If You're Over 50
by Alison Hunt | A new current account has launched, aimed at the over fifties which promises to pay a whopping fixed rate of 7% AER. But is it as good as it sounds?
Switch And Save!
by Donna Ferguson | Donna Werbner tells us how she switched to a current account that pays 6.5% interest.
What's Happening With Bank Charges?
by Neil Faulkner | Here's a re-cap on the bank charges situation, including tips on what you should do now.
Watch Out For The 0.1% Trick!
by Cliff D'Arcy | Most traditional current accounts pay yearly interest of just 0.1% on credit balances. Bizarrely, so do several Best Buys, as our research reveals.
Watch Out For The 0.1% Trick!
by Cliff D'Arcy | Most traditional current accounts pay yearly interest of just 0.1% on credit balances. Bizarrely, so do several Best Buys, as our research reveals.

Published in September 2007

First Direct Scraps Credit Interest
by Cliff D'Arcy | This award-winning online and telephone bank will no longer pay interest on credit balances from November. Alas, more banks are likely to follow its lead!
Bank Charges: Lloyds TSB Gets Sneaky
by Cliff D'Arcy | We evaluate Lloyds TSB's new charges for unapproved overdrafts. The bad news is that many borrowers will be far worse off!
Britain's Worst Bank Accounts!
by Cliff D'Arcy | Banks are ripping us off by paying pathetic rates of interest on current accounts. Our exclusive research reveals the worst offenders. Make sure your account is not on this list.
Get More Dosh From Your Current Account!
by Alison Hunt | Pick the right current account and it could make or save you over one hundred pounds a year. Isn't that worth switching for?
Six Of The Best Accounts For Silver Savers
by Jane Baker | With the over fifties now representing around a third of the UK population, there are more accounts for silver savers than ever before, but do they really offer anything special?

Published in August 2007

Students Fight HSBC And Win!
by Alison Hunt | Making a stand against banking giants can be well worth it, as new graduates that bank with HSBC are finding out.
The Great Overdraft Sting
by Cliff D'Arcy | While debate rages about unfair penalty charges on overdrafts, we exclusively reveal another con: the sky-high interest rates that we pay!
First Class Current Accounts
by Jane Baker | Say a resounding no to poor in-credit interest rates and excessive overdraft rates. We review a handful of the best current accounts and suggest you get busy switching.
Will The FOS Help Us With The Six-Year Rule?
by Neil Faulkner | The FSA says that the six-year limit on bank-charges claims won't apply whilst the OFT's case is outstanding, but legal experts don't think this is quite so clear cut.
Will The FOS Help Us With The Six-Year Rule?
by Neil Faulkner | The FSA says that the six-year limit on bank-charges claims won't apply whilst the OFT's case is outstanding, but legal experts don't think this is quite so clear cut.
Free Banking Might Be Around For Years
by Neil Faulkner | First it was HSBC and now it's Abbey that has changed its charging structure. One Fool forecasts the future of banking, and predicts temporary relief for supporters of free banking.
Some Good News From FSA On Bank Charges
by Neil Faulkner | There is partial good news from the FSA regarding the six-year limit on claims, but the banks still don't have to pay up.
Some Good News From FSA On Bank Charges
by Neil Faulkner | There is partial good news from the FSA regarding the six-year limit on claims, but the banks still don't have to pay up.

Published in July 2007

The Bank Charges Petition
by Neil Faulkner | Here's the petition you've all been petitioning for. Let's see what we can do for all those claimants struggling to get their money back!
Tom Brennan Vs. NatWest. It's Over
by Neil Faulkner | Tom Brennan fought a valiant fight in an attempt to force the banks to justify their charges. Now it's all over.
Tom Brennan Vs. NatWest. It's Over
by Neil Faulkner | Tom Brennan fought a valiant fight in an attempt to force the banks to justify their charges. Now it's all over.
It's Vital You Still Claim Your Bank Charges
by Neil Faulkner | The implications of the FSA's recent actions are even worse than we first thought.
It's Vital You Still Claim Your Bank Charges
by Neil Faulkner | The implications of the FSA's recent actions are even worse than we first thought.
Big Blow For Bank Charges Victims
by Neil Faulkner | A terrible decision from a body that is supposed to help consumers has left many people with a long wait for their money back, some of whom must make a difficult decision.
Big Blow For Bank Charges Victims
by Neil Faulkner | A terrible decision from a body that is supposed to help consumers has left many people with a long wait for their money back, some of whom must make a difficult decision.
Cheques Are Checking Out
by Cliff D'Arcy | As Sainsbury's, Argos and London Underground join the long list of retailers which refuse to accept cheques, what does the future hold?
Earn 8% In Your Business Bank Account
by Cliff D'Arcy | With Abbey launching a headline-grabbing interest rate, we put business current accounts to the test and unearth the Best Buys.
Earn 8% In Your Business Bank Account
by Cliff D'Arcy | With Abbey launching a headline-grabbing interest rate, we put business current accounts to the test and unearth the Best Buys.
Funds Reunited
by Fiona Nicolson | If you've got some money sitting in a forgotten bank account, claim it!
The Five Top Student Accounts
by Neil Faulkner | Get YOUUUUUR student accounts here! We review the latest accounts for students, and give some paternal advice.
The Latest On Bank Charges
by Neil Faulkner | Banks continue to settle claims out of court, but we'll be lucky if we get a test case for bank charges.

Published in June 2007

Earn 8% In Your Current Account
by Cliff D'Arcy | Abbey has launched a bank account which pays a terrific rate of interest on credit balances. Let's look for the loopholes!

Published in May 2007

Beat Bank Charges With New Current Accounts!
by Neil Faulkner | Some little-known banks go the extra mile to help prevent you being charged for unauthorised payments.
Beat Bank Charges With New Current Accounts!
by Neil Faulkner | Some little-known banks go the extra mile to help prevent you being charged for unauthorised payments.
The Way Ahead For Bank Charges Claims
by Neil Faulkner | With a loss in court for one bank charges claimant up for appeal, we consider the lessons learned.
The Way Ahead For Bank Charges Claims
by Neil Faulkner | With a loss in court for one bank charges claimant up for appeal, we consider the lessons learned.
Brennan's Valiant Fight Against NatWest
by Neil Faulkner | The bank charges hearing is over. Read Neil Faulkner's summary and verdict.
Brennan's Valiant Fight Against NatWest
by Neil Faulkner | The bank charges hearing is over. Read Neil Faulkner's summary and verdict.
A New Era For Northern Ireland
by Cliff D'Arcy | As well as an historic power-sharing executive, Northern Ireland faces new rules to keep its banks in check.
Lloyds Bank Wins Bank Charges Case
by Neil Faulkner | Lloyds Bank beat claimant Kevin Berwick in court over bank charges. What does this mean for other claimants?
Bank Charges Court Update
by Neil Faulkner | Barrister Tom Brennan is taking his bank to court. We give you the results of the first full-day's hearing.

Published in April 2007

Current Accounts Crisis
by Neil Faulkner | The recent barrage of bank charges claims, and the OFT's upcoming investigation will probably mean more expensive banking and make it harder to choose the cheapest current account.
The Fool Talks To Bank Charges Crusader
by Neil Faulkner | We talk to Tom Brennan about his penalty bank charges case and give some tips about what to do if you still haven't made a claim yourself.
Fools Don't Trust Their Banks
by Ed Bowsher | Two-thirds of Fools don't trust their banks to sell them the right product.
Claim Back That Cash!
by Alison Hunt | Don't give your gas or electricity provider an interest-free loan -- claim your money back, today
The First Bank Charges Court Hearing
by Neil Faulkner | Is barrister Tom Brennan a hero, a self-publicist, or lacking in judgement? We speculate about his Friday the 13th court case for recovering bank charges.
The First Bank Charges Court Hearing
by Neil Faulkner | Is barrister Tom Brennan a hero, a self-publicist, or lacking in judgement? We speculate about his Friday the 13th court case for recovering bank charges.

Published in March 2007

Creditable Current Accounts With Credit Unions?
by lovemoney.com staff | Credit unions have decided to offer current accounts to its customers. But what is a credit union - and are their new current accounts any good?
Banks Beware!
by Ed Bowsher | Once upon a time the high street banks could count on lifetime loyalty from many of their customers, but a Fool survey suggests that may be changing.
Watchdog Bashes Greedy Banks
by Cliff D'Arcy | The Competition Commission is set to clean up banking in Northern Ireland. But do its remedies go far enough?

Published in February 2007

Switch And Make £100!
by Alison Hunt | With some banks charging for previously free banking services, we show you how to fight back by switching -- you could even make £100 for your trouble.
An End To Free Banking?
by Jane Mack | We've been used to having the option of free banking facilities for some years now - is the end nigh?
Things To Know About Cheques
by Jane Mack | Only 5% of retail spending is still paid by cheque, compared with over 60% by debit or credit card. But there are still some rules you need to know about.
British Banks Get Told Off!
by Neil Faulkner | The Financial Ombudsman Service wrote an open letter to the banks about its Banking Code. The gentle tone does little to disguise the scathing content.

Published in January 2007

Best Buy Current Accounts
by Jane Mack | If your bank is paying desultory rates of interest when you're in credit, or charging extortionate overdraft rates, don't just talk the talk. Walk the walk.
Ombudsman NOT Failing Claimants On Bank Charges
by Neil Faulkner | The Financial Ombudsman Service is trying to help 600 people a month recover their bank charges, but in most cases it is failing recover all the money due.
Ombudsman NOT Failing Claimants On Bank Charges
by Neil Faulkner | The Financial Ombudsman Service is trying to help 600 people a month recover their bank charges, but in most cases it is failing recover all the money due.
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