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If you are angered by the attitude and behaviour of big banks, or feel that they wield far too much power, then perhaps you should consider a smaller player or building society. While many of us bank with members of the Big Four: Should you pay for your bank account to get a better deal?
The pros and cons of packaged accounts. Big building societies such as Nationwide, Yorkshire BS, or Coventry BS, may feel like banks in their size and scope but they are ultimately owned by their members, are answerable to them and are not attached to casino banking investment arms.
The Co-op Bank is owned by the wider member-owned Co-op Group and has a pledge to act ethically. Smaller local building societies may not offer the best rates all the time - although some often do - but they will give you a personal service. Meanwhile, accounts from smaller banks such as Metro and Handelsbanken can offer a more personal service, while Secure Trust charges for accounts and even 50p for cash withdrawals with its basic current account, but will not let you go overdrawn and run up big bank charges. With 50 days to go until your annual Isa allowance runs out, here's why tax-free saving is still worth loving - and the best deals to earn more interest Do you know what to do when you see this sign on the motorway?
Look after the boss's pension or they won't look after yours - how squeezing high-earners backfired Outlook for house prices is the gloomiest in ten years, Rics' property professionals survey reveals FTSE LIVE: How to read your statements - and work out whether you can get a better deal Nearly savings accounts now beat inflation - but you'll have to ditch the big banks to take advantage Isa trap that can cost a year's interest: If you're tempted to shift to a better rate, check the small print or you may lose hundreds of pounds Revealed: Top ten most affordable all-inclusive family holiday destinations for - and how to bag a bargain this summer Should YOU have to pay exit fees if your investing site shuts down?
Ex-Frequent Trader customer claims he was left out of pocket by its closure System that makes a name as important as your bank account number when making a payment delayed until next year ASK TONY: How could a Sainsbury's bank credit card leave me red-faced at the supermarket till? Fight back against the banks: Your guide to the rules of switching and where to find the best current accounts - some will even give you free money!
Share this article Share. Ditch the big banks If you are angered by the attitude and behaviour of big banks, or feel that they wield far too much power, then perhaps you should consider a smaller player or building society.
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Enter search term: Search All Articles Share prices. Best buy savings tables. Ex-Frequent Trader customer claims he was left out of pocket by its closure. Nearly savings accounts now beat inflation What do your energy bills mean? How to read your statements - and work out if you can get a better deal Sponsored Should YOU have to pay exit fees if your investing site shuts down? Ex-Frequent Trader customer claims he was left out of pocket by its closure Roy has 64 years of no claims and worked as a lorry driver for 50 years Trapped by a toxic leasehold?
Isa trap that can cost a year's interest If you're tempted to shift to a better rate, check the small print or you may lose hundreds of pounds. House prices grow at slowest pace in more than five years as property market in the South East continues to lose steam ONS data. Edinburgh is only UK city to make it into top 20 'most liveable' in the world Crime and pollution hit quality of life in 49th-place London.
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How to play the high interest, high rewards air miles credit card game Rise in 'fraudster families' running multi-million pound pension scams, government crime fighting body warns. By continuing you agree to our use of cookies. Find out more. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site. How money. Our registered address is: We are classed as a credit broker for consumer credit, not a lender.
How we order our comparisons.
Refine results. Sort Affiliated products first Most popular Lowest account fee Highest interest rate. Show me affiliated products first. Barclays Bank Account. Arranged overdraft. Interest rate. A straightforward bank account with a contactless debit card. You can also earn cashback when you shop online or in-store through Barclays with selected partners. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Representative Example: First Direct 1st Account. New customers only. Detailed switching service to personally manage your account opening. Main current account holders are able to access exclusive customer deals and benefits. TSB Classic Account.
B Current. Nationwide FlexAccount.
No monthly fee. Independently rated 5-star by Defaqto. Access to a range of exclusive offers. You can also earn cashback when you shop with selected partners through Barclays. Nationwide FlexPlus.
Packaged Account which includes free worldwide family travel insurance, family mobile phone insurance and UK and European Breakdown Cover as well as commission-free cash withdrawals abroad. Royal Bank of Scotland Select Account. Santander Everyday Current Account.
No Daily Arranged Overdraft Fee for the first four months. Assumed Arranged Overdraft credit limit: Actual amount may differ. Santander Current Account.
Santander Lite Current Account. The listings above are affiliated with us. Royal Bank of Scotland Reward Account. Bank of Ireland Clear Account. Bank of Ireland Basic Cash Account. Bank of Ireland Graduate Account. Bank of Scotland Classic Account. How to switch a bank account. Before you switch bank accounts: Find an account to switch to Decide if you want to keep your old account open Think of a date you want your account to switch by Find the right account Before the switch can start, you need another account to transfer your existing one to.
Here is more information on the switch types. Does my old account have to close?