Unpacking the surge in current account switching: What’s driving consumers to change banks?
The Payments Association
OCTOBER 14, 2024
Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. According to data from Pay.UK, the Current Account Switch Service (CASS) has completed 10.9 ” Some savvy switchers exploit these deals, moving between banks to claim bonuses without staying long-term.
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