Skip to main content

May 2012

Limit for contactless card payments set to increase to £20

Limit for contactless card payments set to increase to £20

Published 31 May 2012 by Helen Gradwell

The limit for contactless card payments in stores is set to rise by £5 by the end of June.

Read More

May 2012

Banking on mobile money - an experiment

Banking on mobile money - an experiment

Published 30 May 2012 by Matthew Plant

One day, we can expect mobile payments to be everywhere. How easy is it to rely on them today? Here's a look at an experimentโ€ฆ

Read More

May 2012

Banks must display compensation signs

Banks must display compensation signs

Published 29 May 2012 by Helen Gradwell

Your money is protected up to the level of £85,000 in British banks, but there may be some confusion over different banking brands and EU-based institutions.

Read More

May 2012

Beware of 'roaming' charges for using mobile banking abroad

Beware of 'roaming' charges for using mobile banking abroad

Published 28 May 2012 by Joel Stanier

If you want to check your bank balance while abroad, you may want to avoid using your mobile phone - as doing so could land you with expensive charges.

Read More

May 2012

Bank account takeover fraud 'continues to rise'

Bank account takeover fraud 'continues to rise'

Published 25 May 2012 by Daniel Culpan

Account takeover fraud is on the increase, but there are steps that banking customers can take to reduce the likelihood of falling victim to fraudsters.

Read More

May 2012

Free banking 'misleads customers'

Free banking 'misleads customers'

Published 24 May 2012 by Helen Gradwell

Andrew Bailey has said that though many bank accounts claim to be free, they can mislead customers and charge unexpected fees.

Read More

May 2012

Could the bank rate go even lower?

Could the bank rate go even lower?

Published 23 May 2012 by Matthew Plant

A lot of people have been waiting for it to rise, but we could actually see the bank rate fall even further: the IMF has suggested another cut as one way of helping the UK economy grow.

Read More

May 2012

Is the future cashless?

Is the future cashless?

Published 22 May 2012 by Lucy Bower

Predictions that the electronic wallet would replace ready cash still haven't come true, as more people use real cash to help them budget.


Read More

May 2012

Set up a standing order to 'get ahead of the savings game'

Set up a standing order to 'get ahead of the savings game'

Published 21 May 2012 by Joel Stanier

Research has found that 25% of savers have a regular standing order or Direct Debit leaving their bank account each month - and people who save this away are "ahead of the game" when it comes to their finances.

Read More

May 2012

How could Greece's euro exit affect UK consumers?

How could Greece's euro exit affect UK consumers?

Published 18 May 2012 by Daniel Culpan

Greece's withdrawal from the euro seems to be a question of if rather than when - and the impact could be felt much closer to home.

Read More

May 2012

Preparing for the Jubilee Bank Holiday weekend

Preparing for the Jubilee Bank Holiday weekend

Published 18 May 2012 by Daniel Culpan

The Jubilee Bank Holiday is on the horizon, and it seems that people are planning to celebrate in a variety of ways.

Read More

May 2012

Could social media deliver a 'VIP experience' when talking to banks?

Could social media deliver a 'VIP experience' when talking to banks?

Published 17 May 2012 by Helen Gradwell

More people are turning to social media to get in touch with banks and other businesses - and in many cases getting better results.

Read More

May 2012

Biometrics - the future of banking?

Biometrics - the future of banking?

Published 16 May 2012 by Matthew Plant

Greater security is just one reason why biometric technology could play a real role in the future of banking. It could offer some real benefits to banks and users alike.

Read More

May 2012

Does your mobile change the way you bank?

Does your mobile change the way you bank?

Published 15 May 2012 by Lucy Bower

New research highlights the fact that owning a smartphone makes people more likely to try mobile banking and mobile payments. Read more here.

Read More

May 2012

Average bank account balance 'increased 18% in first quarter'

Average bank account balance 'increased 18% in first quarter'

Published 14 May 2012 by Joel Stanier

The first three months of the year were good for savers, with the average savings balance increasing by 18% on the previous quarter.

Read More

May 2012

What is the future for rural banking services?

What is the future for rural banking services?

Published 11 May 2012 by Daniel Culpan

As more and more local bank branches face closure, a different approach to banking could offer a suitable alternative for getting the banking services you need.

Read More

May 2012

MasterCard announces 'digital wallet network'

MasterCard announces 'digital wallet network'

Published 10 May 2012 by Helen Gradwell

MasterCard's new digital wallet network 'PayPass' will allow customers to pay for goods and services using their smartphone, computer or tablet.

Read More

May 2012

Queen's speech to include bank reforms

Queen's speech to include bank reforms

Published 9 May 2012 by Matthew Plant

The Queen's speech should tell us what we can expect in the way of banking reforms.

Read More

May 2012

60% of bank account customers 'will use mobile banking by 2015'

60% of bank account customers 'will use mobile banking by 2015'

Published 8 May 2012 by Joel Stanier

Mobile banking is set to grow more and more popular in the next few years, according to a report by Capgemini, with almost two thirds of customers accessing their bank accounts by mobile by 2015.

Read More

May 2012

thinkmoney's guide to credit cards

thinkmoney's guide to credit cards

Published 8 May 2012 by Daniel Culpan

Here's our guide to finding the best credit card for your needs.

Read More

May 2012

Banks 'need to improve customer satisfaction'

Banks 'need to improve customer satisfaction'

Published 4 May 2012 by Daniel Culpan

Banks should prioritise their strengths to hold on to their customers, a new report claims.

Read More

May 2012

Banking customers face highest overdraft rates 'since records began'

Banking customers face highest overdraft rates 'since records began'

Published 3 May 2012 by Helen Gradwell

The average authorised overdraft rate is now almost 40 times the base rate, at 19.52%.

Read More

May 2012

Is finding the right bank account getting easier?

Is finding the right bank account getting easier?

Published 2 May 2012 by Matthew Plant

Find the right bank account matters - and a new comparison tool could make it easier for people do that.

Read More

May 2012

Ombudsman warns banks about money transfer mistakes

Ombudsman warns banks about money transfer mistakes

Published 1 May 2012 by Lucy Bower

The Financial Ombudsman Service has criticised banks for not dealing with money transfer mistakes well enough.

Read More

Legal Information

ร—