High interest on current accounts is 'a waste of time'

The Sunday Telegraph London;  December 7, 2003 ;     262 words ...HIGH rates of interest on current accounts are a waste of time and money...introduced higher interest current accounts in the past year, in a bid...rate of interest on their current accounts, although one in five said...

Tricky costs of current accounts Last year, 500,000 people switched to...

The Independent - London;  July 14, 2001 ;     700+ words ......launched its higher interest rate on current accounts last year, it looked as if a revolution...very low". Halifax pays 4 per cent on current accounts which are in credit monthly by pounds...all banks 500,000 people switched current accounts. In less than two months we got almost...

Banks face criticism on current accounts ; High Street banks have been...

Western Daily Press (Bristol UK);  July 21, 2008 ;     392 words ......their 'complex and uncompetitive' current accounts. The OFT found that banks are raking...per year per customer from personal current accounts - mainly through unauthorised overdraft...and how to switch banks. Personal current accounts generate revenue for banks of more...

UK keen to switch current accounts.(Brief Article)

Financial Adviser;  November 20, 2002 ;     70 words ...Millions of Britons are prepared to move their current accounts, according to Intelligence Finance. The survey found that 1.5m people have moved their current accounts over the last year, while an additional 3m people were looking to move in...

TURKEY TAKES SEVENTH PLACE ON OECD CURRENT ACCOUNTS DEFICIT LIST

Info-Prod Research (Middle East);  April 11, 2006 ;     69 words ......Development (OECD) in terms of its current accounts deficit, which totaled $23 billion...number eight country in terms of its current accounts deficit as a percentage of gross domestic...namely 6.4%. The US carried the highest current accounts deficit, at $804.9 billion.

Half of current accounts paying less than 1pc

Yorkshire Post;  June 21, 2008 ;     216 words ...Nearly half of all current accounts still pay interest of less...market. Around 45 per cent of current accounts reward customers with a credit...interest it paid on its Plus current accounts to six per cent. Alliance...

At last, Cinderella current accounts have joined the profit-hungry party

The Independent - London;  September 14, 2002 ;     700+ words ......Commons Treasury select committee. Current accounts and overdrafts have been bottom of...stockbroking, pensions and insurance. So current accounts have long been the Cinderella, unloved...prevented the banks from charging for current accounts. They simply bundled in other services...

Banks 'making billions' from our current accounts.(News)

Western Mail (Cardiff, Wales);  July 17, 2008 ;     614 words ...Byline: Nicky Burridge CURRENT accounts are not working well for consumers...and lack of transparency of current accounts, saying it makes it extremely...published yesterday, found that current accounts generated revenues of pounds...

Current accounts too complex, warns the OFT.

Financial Adviser;  July 24, 2008 ;     477 words ......Stefanie Ives Report into personal current accounts in the UK claims that the complexity...shopping around The market in personal current accounts lacks transparency, making it hard...120-page report entitled Personal Current Accounts in the UK, the OFT found personal...

EU sues France over law prohibiting current accounts interest

Xinhua News Agency;  March 21, 2007 ;     194 words ...EU sues France over law prohibiting current accounts interest BRUSSELS, March 21 (Xinhua...prohibits banks from offering interest on current accounts to their customers. The European Union...prohibition on paying interest on current accounts deprived EU banks of an instrument...

Banks await chance to charge for current accounts in credit

The Independent - London;  December 29, 1994 ;     510 words ...Fees for current accounts in credit are on the agenda for...it would introduce charges on current accounts in balance, but quickly reversed...make a profit. Three-quarters of current accounts stay in the black and are therefore...

Current accounts are the key

The Sunday Herald;  November 12, 2000 ;     700+ words ...Chasing current accounts is the new game on the high street...Harley told the Sunday Herald that current accounts would be the central plank of...major banks, which hold 80% of UK current accounts between them and hold #26bn of...

Free banking is a myth: charges on current accounts reach Pounds 8bn a...

The Independent - London;  July 17, 2008 ;     637 words ......making 8.3bn a year from customers' current accounts, exposing as a myth the notion of...yesterday. Publishing a review of the UK current accounts market, the OFT said that Britain...for customers properly to compare current accounts. Of those who incurred bank charges...

Deficit in the current accounts increasing.

Indonesian Commercial Newsletter;  September 13, 1993 ;     542 words ......in 1992/93. As a result Indonesia's current accounts have continued to register deficits...main source of the deficit in the current accounts was the non-oil and gas sector where...93. As has already been stated this current accounts deficit was alleviated somewhat by...

Lloyds TSB hikes interest on its current accounts

The Scotsman;  January 30, 2003 ;     307 words ......paying interest on its customers' current accounts as it strives to retain its formidable...competition. Lloyds currently holds more current accounts than any other bank, with a 24 per...it will be paying 3.2 per cent on current accounts from next month. However, Susan Rice...