Basic bank accounts

Basic bank accounts are designed to help low income families and those that struggle to obtain a regular current account because of bad credit. A basic bank account is an attractive option for anyone applying for their first bank account, or for people worried about over spending as they do not provide overdraft facilities.

A basic current account is straightforward and simple to manage. They allow you to receive the kind of benefits you may expect from a standard current account such as receiving money and paying bills by direct debit.

	Barclays triples charges for basic bank account holders Cash Card account holders at Barclays are to face increased charges next year as the bank attempts to cut costs.
	Lloyds and RBS basic bank account holders' ATM access restricted The Royal Bank of Scotland (RBS) is planning to stop close to ten per cent of its account holders from using cash machines that are owned by rival banks.
	Five bank accounts that provide a return against inflation The Office for National Statistics (ONS) announced today that the Consumer Prices Index (CPI) fell to five per cent. We reveal five ways to beat inflation.
	Packaged bank accounts: Could they be the new PPI scandal? Packaged bank accounts that typically charge customers and offer travel and mobile phone insurance have been criticised for offering dubious benefits.
	Inland Revenue targets 6,000 Swiss bank accounts HM Revenue and Customs is writing to 6,000 UK-based Swiss bank account holders inviting them to come forward with information on their financial affairs.