If you've been struggling to keep your head above the water financially of late, you're not alone. Since the economic downturn, many Brits have found it harder and harder to keep up with the rising ...
Basic bank accounts for those who have been barred from mainstream banking services are to be launched by the end of next year. The accounts which do not charge for missed payments, come with no ...
High street banks are not always making “no frills” accounts, which prevent people running up charges, easily available to customers, it has been claimed. Digital current account provider Pockit said ...
Although just over half (54%) of people in the UK say they've heard of basic bank accounts, confusion reigns about what they actually are. New research from Personal Account provider thinkmoney shows ...
From the provider's point of view the hope is that basic bank account customers will migrate to more mainstream – and profitable – products. Basic bank accounts don't offer overdrafts but it is ...
Most of us having a checking and savings account—that's pretty standard. But there are a handful of other kinds of accounts offered by banks and credit unions. We thought we'd put together a primer on ...
A new fee-free template for basic UK bank accounts has been revealed by the Treasury after a deal with major banks. Basic accounts do not offer overdrafts or cheque books, and may be given to those ...
Millions of people who have basic bank accounts may be paying higher fees than necessary, government figures indicate. Basic bank accounts are designed for people who do not already have a bank ...