Lloyds, Santander, Barclays make 'major' changes for millions of customers this month
manchestereveningnews.co.ukMajor high street banks, including Barclays and Santander, have announced significant changes that could impact millions of customers.
These alterations could affect current account holders, credit card users, and some mortgage customers. It's advisable to review these updates to determine if they will affect you, as they will alter the bank's minimum repayments and interest accrued on debt.
If you're dissatisfied with any changes, it might be time to switch banks and take advantage of the numerous switching offers available to consumers.
Some of the largest changes to retail banking will be for customers at Barclays, where cuts to minimum repayments could see your debt grow, or at NatWest, where those with premium accounts are set to see higher fees just for keeping their bank account open, reports the Mirror. READ MORE: DWP Universal Credit warning as 670,000 families to lose £4,300 a year in 'cruel' policy You do not have to stay with one bank just because you have been with them awhile, finding the one that best suits your finances is more important.
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