SECTION · 3 ARTICLES

Banking & savings

Switching a current account, the reimbursement rules after a bank transfer scam, and how easy-access, notice and fixed-rate savings accounts differ.

A woman in her forties smiles at her phone on the sofa while a man reads a book in the background.

BANKING & SAVINGS28 OCT 2026

How a bank switch is done in seven working days, and what moves with it

A full switch through the Current Account Switch Service moves the balance and regular payments on a chosen date within 7 working days, closes the old account and redirects stray payments for at least three years.

The Power To Do More Editorial · 28 October 2026 · 6 min read

A man in his sixties stands in his hallway with a phone to his ear and a hand on his forehead, looking worried.

BANKING & SAVINGS28 OCT 2026

What happens now if a scammer talks you into a bank transfer

Since 7 October 2024, banks have had to reimburse most victims of bank transfer scams, up to £85,000 per claim. Claims are made directly with the sending bank, free of charge, within 13 months.

The Power To Do More Editorial · 28 October 2026 · 6 min read

A couple in their early sixties talk over coffee and a notebook at a table in an English garden full of roses.

BANKING & SAVINGS28 OCT 2026

What you give up for a better savings rate, from easy access to fixed terms

Easy-access, notice, fixed-rate and regular savings accounts trade the interest rate against access to the money. How each type works, what AER shows, and where Bank Rate and inflation stand in October 2026.

The Power To Do More Editorial · 28 October 2026 · 6 min read

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