Overview
- Chase, Danske Bank, First Direct, Monzo, Nationwide Building Society and Starling Bank received Which? Recommended Provider badges in the latest assessment.
- Chase and Danske Bank earned the recognition for the first time in this cycle.
- A Deltapoll survey of more than 6,600 account holders in August found 37% have stayed with the same bank for over 20 years, with Which? warning such loyalty can go unrewarded.
- Which? highlighted the growing normalisation of fee-free overseas spending, instant spending notifications, cashback, loyalty payments and switching bonuses that can be worth hundreds of pounds.
- Nationwide reaffirmed its branch promise with a pledge to keep 696 Nationwide and Virgin Money branches open until at least 2030, and Which? said Allied Irish Bank and Revolut came close to WRP status.