All the updated news related to current account switch service

All the news related to current account switch service updated in real time

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Personal Finance

More than 8m current accounts moved under ditching and switching service

More than eight million current accounts have been switched since a service making it easier for customers to swap their banks or building society easier was launched. The Current Account Switch Service (Cass) was launched in 2013 to take the hassle ...

28 Apr 2022 at 01:25

City

Current account switching accelerated in final quarter of last year, data shows

Nearly a quarter of a million current account switches took place during the last three months of 2021, as the number of customers ditching their bank to move elsewhere accelerated. Some 248,902 accounts were switched between October and December. ...

27 Jan 2022 at 01:26

Personal Finance

NatWest and Nationwide ‘make strongest gains among current account switchers’

NatWest made the strongest gains among customers ditching and switching their current account between January and March this year, according to figures published by a switching service. It was followed by Nationwide Building Society, Starling ...

28 Jul 2022 at 01:01

Personal Finance

Current account customers can get as much as £200 by switching bank accounts

Competition in the current account market is heating up, with HSBC UK launching its biggest switching offer since 2018. The bank launched a new £200 current account switching offer on Monday to eligible customers looking to switch to an HSBC ...

07 Nov 2022 at 13:16

Personal Finance

Current account switching picks up pace in July before interest rates cut

More than 100,000 current account switches took place in July as people locked into better savings deals before the Bank of England cut interest rates, new data has shown. However, the total number of switches slowed between July and ...

31 Oct 2024 at 00:01

Personal Finance

Cash to switch offers on current accounts disappear

Current account customers looking to switch their provider will find that several offers of free cash have recently vanished, according to a financial information website. A £175 switching offer from First Direct which launched on ...

23 Apr 2024 at 14:11

Personal Finance

Nationwide Building Society launches 8% savings rate and £200 switching offer

Competition to attract current account holders is heating up, with Britain’s biggest building society launching a £200 switching offer and a linked savings account paying 8% interest. Nationwide Building Society said the £200 ...

21 Sept 2023 at 00:01

Personal Finance

10 facts and figures to mark 10 years of the Current Account Switch Service

Here are 10 facts and figures to mark the 10th birthday of the Current Account Switch Service (Cass): 1. The service has counted a total of 9,646,999 current account switches since launch on September 16 2013, up until ...

16 Sept 2023 at 00:01

Personal Finance

Nationwide to launch £50 interest-free overdraft buffer in November

Nationwide Building Society is introducing a £50 interest-free buffer in November, removing charges for people who dip into their overdraft by only a small amount. The buffer will apply, subject to eligibility, to ...

25 Sept 2024 at 00:01

Personal Finance

Current account switchers could receive cash windfall in run-up to Christmas

People looking to switch current account may also be able to get their hands on a cash windfall in time for Christmas. Several current account providers have launched free cash offers to entice new business, but ...

03 Oct 2023 at 11:28

Personal Finance

76% annual jump in current accounts being switched

The number of current account switches being made surged by 76% between April and June compared with a year earlier, according to a switching service. A total of 338,194 switches took place during the period, ...

27 Jul 2023 at 09:45

Personal Finance

Nationwide, Lloyds and NatWest biggest ‘winners’ from account switching service

More than one million current account switches have taken place in the past year, according to a service set up to take the hassle out of moving to a new provider. Some 1,093,117 current account switches ...

24 Apr 2025 at 00:01

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2025

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