Friday, January 31, 2025

Is current account switching boom driven by cash carrots on offer from banks – or something else? This is Money podcast

image

More than a million people switched current account last year – the second time it has ticked over the 1m mark.

So, who is winning the switching battle and is it all driven by people chasing a quick and easy buck from banks?

Lee Boyce and Georgie Frost dive into the data and also look at why you might not be rich enough to bank with HSBC anymore… if you want its exclusive account.

The Government rules out forcing businesses to accept cash – is that a smart move?

Need help with your tax return? HMRC slammed for poor customer service record via the telephone, is all the criticism justified?

And your next car insurance quote might just be significantly lower… as Lee sees a huge drop with an auto-renewal that had him smiling from ear-to-ear.

 

Listen to the This is Money podcast

We publish the podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes), the most popular, Spotify, Audioboom, and so many more.

To download the Apple Podcasts app go to the App store. On Android devices, go to the Google Play store to download the podcast app of your choice. 

You can press play to listen to this week’s full episode on the player above, and wherever you get your podcasts please subscribe and review us if you like the podcast.

If you’re not happy using apps, you can also listen to the latest episode and archive on the This is Money podcast page

This post was originally published on this site

RELATED ARTICLES
Advertisements

Most Popular

Recent Comments