November 2024’s current account news & offers 

November’s present account provides

Newest financial institution switching offers

There are 5 financial institution change offers working proper now. Click on the hyperlinks for full evaluation of every provide.

You may get £200 from Lloyds Bank, in addition to a free life-style profit similar to free Disney+ or cinema tickets.

There’s £180 from NatWest, alongside a 6.17% paying common saver and as much as £36 a yr in rewards.

Nationwide is offering £175 for a private account and one other £175 for a joint account change, so a pair might doubtlessly get £525.

First Direct’s switching offer can also be for £175. Don’t overlook you’ll be able to entry a 7% regular saver with this financial institution.

Lastly Co-op Bank has a £75 switch offer, with one other £75 obtainable when you stick round for 3 months.

Buying and selling 212 extends 1.5% cashback

Whether or not you’re a brand new or present buyer, you’ll now get 1.5% cashback on the Trading 212 card till 1 January 2025. That is the third time it’s been prolonged, so there’s at all times an opportunity it’ll occur once more within the new yr.

YouGov Join provides £55

A alternative for YouGov Finance is being rolled out, and you would get free money by sharing your knowledge. Sadly final week they modified what number of accounts you would join from 10 to 3, which diminished the doable annual payout from £182.50 to £55.

Whether or not it’s nonetheless price it for that quantity is as much as you – I’ve written a full information to how YouGov Connections works.

Get the very best of our cash saving content material each Thursday, straight to your inbox

+ Get a £20 Quidco bonus (new members solely). More details

November’s present account information

Zopa trial new present account

When you’ve bought a Zopa financial savings account, it’s price seeking to see when you’re in a position to join the Beta model of a brand new present account.

The important thing options throughout this take a look at characteristic embody

• 2% cashback on direct debits, as much as £1,500 spend a yr
• 2% curiosity on in account balances
• Entry to a 7.5% AER paying common saver

Whereas the next are lacking proper now

• You may’t arrange standing orders
• You may’t have your wage paid in but

I’ll do a full evaluation at launch, however my early ideas are:

The cashback on direct debits isn’t restricted to only payments, as you have got with the Santander accounts, so if you’ll be able to earn it on something arrange (whether or not this consists of bank card DDs is unclear). Nevertheless it’ll be restricted to the primary £1,500 you spend in a yr, which might add as much as £30 of cashback. So I don’t assume it’s a alternative for the Santander accounts, however might be helpful for different issues like gymnasium memberships and subscriptions.

The in account curiosity is welcome, however may be crushed at Starling and Kroo. The common saver is nice although, and you may pay in as much as £300 a month.

Chase to Natwest change bug

Over in our Fb group, just a few of you reported points when attempting to modify over from Chase to NatWest. The error message is all the way down to the type code for each banks beginning with 60.

It’s clearly a frustration for these hoping to reap the benefits of the £180 change provide which requires the change to be began and accomplished absolutely by way of the app.

I spoke to NatWest’s press workplace who regarded into it and got here again with the next:

“We’re conscious of a problem which is stopping a small variety of clients with the ability to reap the benefits of our newest switcher provide. We’re working laborious to repair the problem.”

As well as they hope it’ll be accomplished quickly. So when you’ve experiences this situation, preserve attempting, and hopefully it’ll get sorted earlier than the change deal ends. I actually think about there’d be room for a criticism and compensation if it doesn’t – however be sure to take display grabs to point out the error message and show you tried.

Curve has one other revamp

I’m not likely positive what Curve does anymore, and I doubt they do both. The most recent modifications rename all of the tiers (once more), however one profit is now you can add as many Visa or Mastercard playing cards as you want on all ranges. That’s a bonus, and it might show you how to observe spending throughout completely different accounts, however I’m nonetheless not satisfied it’s price utilizing.

Particularly since the free tier nonetheless limits you to £250 a month free forex conversion, and there’s nonetheless a 1.5% cost on weekends.

I’ll look nearer on the modifications and if there’s something price sharing I’ll let you understand.

Starling provides new safety characteristic

When you get a name from somebody claiming to be from Starling Financial institution, now you can verify within the app to see in the event that they’re really on the road to you or not. You’ll additionally have the ability to see the current standing of calls, similar to if they’ve by no means known as you or when you missed a name.

This follows a current £29m fine from the FCA for failings in screening of candidates with sanctions or linked to crime.

Lloyds redesigns app

There’s been an enormous change to the appear and feel of the Lloyds app, and the identical modifications will likely be coming to Halifax and Financial institution of Scotland clients quickly too.

It’s Personally I fairly prefer it. it’s cleaner, although it’s robotically added in all my Halifax accounts too so it wants some admin to rename these.

There’s additionally a brand new Hyperlink Pay characteristic, which can allow you to ship a QR code or hyperlink to associates for them to ship you money. You’re restricted to £150 per transaction and £500 a day. Nevertheless you received’t have the ability to use this for the debit card spend necessities hack for some financial institution reward provides because it connects to a different banking account somewhat than permitting you so as to add card particulars.

My prime present accounts for November 2024

I at all times assume it’s price having a couple of present account (find out why here) and right here’s my run-down of the highest accounts to have this month.

1. Greatest account for on a regular basis banking / app – Starling (review)
2. Greatest account for on a regular basis spending – Chase (review)
3. Greatest account for payments – Santander Edge (review)
4. Greatest account for rewards – Halifax Reward (review)
5. Greatest account for financial savings curiosity – Santander Edge (review)