Our blog: Bank accounts

Has your bank been picking your pocket while you’re on your holidays?

2 June 2015

Has your bank been picking your pocket while you’re on your holidays?

Banks and credit card companies continue to charge far too much for using your plastic overseas. It's time for the regulator to get involved.

Banking challengers join forces

19 May 2015

Banking challengers join forces

Metrobank and Zopa have joined forces in their battle to challenge their bigger rivals. But can their combined might crack this sticky market?

PPI: the bad smell that won’t go away

14 April 2015

PPI: the bad smell that won’t go away

Clydesdale Bank has been fined for failing to deal with its PPI complaints fairly. It's the latest chapter in what has become a never-ending blight on the reputation of the financial services industry.

Would you pay attention to the small print if it was put into a video?

9 April 2015

Would you pay attention to the small print if it was put into a video?

Lloyds Bank has poured its online banking terms and conditions into a short video. It's surely the future, but Lloyds' first attempt only gets a three out of 10 from Fairer Finance.

Banks still failing the transparency test

31 March 2015

Banks still failing the transparency test

The Financial Ombudsman's latest set of case studies reveals that banks are still failing to be clear with their customers when they cut interest rates.

A takeover of TSB will be bad for British banking

13 March 2015

A takeover of TSB will be bad for British banking

TSB has only just begun staking its claim as a challenger bank that does things differently. The last thing it needs is to be bought by an old school private bank with a different agenda.

Who are the worst banks and insurers at handling complaints?

24 February 2015

Who are the worst banks and insurers at handling complaints?

The latest Financial Ombudsman Service complaints figures demonstrate that cultural change has barely begun within most banks and insurers.

What’s a fair penalty for a mistake?

5 February 2015

What’s a fair penalty for a mistake?

Airlines, credit card companies and train operators revel in the business of handing out enormous penalties to customers who make a mistake. It's got to stop.

The consumer champion robot cometh

20 January 2015

The consumer champion robot cometh

The conclusion of the FCA's market study into savings includes an interesting proposal to break down the barriers that have stopped so-called "account aggregators" from being successful. It's a move that could radically change how we interact with banks and insurers.

RBS finally puts its money where its mouth is

14 January 2015

RBS finally puts its money where its mouth is

The Royal Bank of Scotland is to scrap short-term bonuses for its senior executives. It's the first real indication that the bank is serious about changing its culture.