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Best current accounts: Starling and Virgin Money winning battle


The number of people swapping current accounts between April and June using the official service rose by almost a third on the previous three months, data shows.
After a slow start to the year, likely exacerbated by the lockdown and a lack of incentive to spend, people appear to once again be proactively looking for the best bank account deals.
NatWest and Santander were the big losers during the first three months of the year suffering net customer losses of over 10,000 each - individual bank data lags three months behind the overall data. 
Lockdown winner: Starling Bank managed to bag the most amount of switching customers. ....

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HSBC boosts its £125 current account switching offer


The current account switching battle is simmering away with HSBC now offering a £20 Uber Eats takeaway bribe on top of its £125 cash incentive. 
This latest move to offer a total of £145 worth of incentives could be a play to attract a younger generation of current account customers, many of whom have been tempted in by new digital-only banks such as Monzo and Starling.
Extra tasty? HSBC could be looking to attract some younger switchers with its Uber Eats voucher
Latest current account switching figures show that between 1 July and the end of September, it hemorrhaged a net 14,863 current account customers who used CASS to head to pastures new – of this figure, it gained 5,998 switchers, but lost 20,861. ....

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