Could switching your bank account make you better off right now?
Competition has been ramping up between current account providers – so what are the benefits of switching? By Vicky Shaw.
The number of current account customers ditching and switching their bank or building society has jumped recently.
Some 341,075 switches took place between January and March 2023 – marking a 73% increase when compared with the same period a year earlier, according to the Current Account Switch Service (Cass).
The surge could be a sign of people looking to make their money stretch further, perhaps encouraged by an array of offers from current account providers of cash to switch.
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