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tide turns for current accounts

Published: 17/01/2010

Sunday Express (Financial)

Consumers are being urged to cash in on the price war breaking out in the current-account market and bag themselves a better deal.
 
Virgin Money is expected to launch a current account later this year with some tempting offers and Tesco Bank are planning to launch current accounts this year.
 
“Apart from a cash incentive, the most likely thing to make a customer switch is poor service or being hit with hefty unauthorised bank charges,” said Andrew Hagger from comparison site Moneynet.co.uk.

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