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Current account switching levels dipped in first three months of 2021


Current account switching levels dipped in first three months of 2021
29/04/2021, 12:05 am
The number of current account customers ditching and switching their bank fell in the first three months of 2021 (Tim Goode/PA)
The number of current account customers ditching and switching their bank fell in the first three months of 2021.
A total of 137,976 switches took place in the first quarter of 2021, according to figures from the Current Account Switch Service (Cass).
This marked a 51,297 fall compared with the final quarter of 2020 (189,273) – a time when social distancing measures were relaxed for many people and current account providers started re-introducing switching incentives to the market, Cass said. ....

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First Direct brings back £100 bank switching offer for new customers


First Direct brings back £100 bank switching offer for new customers
HSBC UK is also offering new customers a cash reward for switching banks.
13:01, 18 FEB 2021
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Competition to attract current account customers is being ramped up as First Direct has reintroduced its £100 switching offer. ....

United Kingdom , Chris Pitt , Current Account Switch Service Cass , Ms Bank , First Direct , Current Account Switch Service , Personal Finance , Retail And Consumer , ஒன்றுபட்டது கிஂக்டம் , கிறிஸ் குழி , தற்போதைய எண்ணுதல் சொடுக்கி சேவை காஸ் , செல்வி வங்கி , முதல் நேரடி , தற்போதைய எண்ணுதல் சொடுக்கி சேவை , தனிப்பட்ட நிதி , சில்லறை மற்றும் நுகர்வோர் ,

First Direct reintroduces £100 switching offer for new current account customers


First Direct reintroduces £100 switching offer for new current account customers
The online and telephone bank s not the only provider to be offering cash to new customers
The battle for current account customers business is heating up (Image: Gareth Fuller/PA Wire)
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First Direct has reintroduced its £100 switching offer as competition to attract current account customers heats up. ....

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