Skip to Primary Navigation

Skip to main content

More UK customers than ever are switching bank accounts

Row of cash machines
Photo: Getty Images

Martin Cloake

<1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

A record rise in the number of UK consumers switching current account providers has been revealed by the government body set up to aid the process.

More than 376,000 people moved to a new bank in the final three months of last year, according to figures issued by Pay.UK, which runs the Current Account Switching Service (CASS). That compares with 250,000 in the same period in 2021. In November alone, just over 157,000 people used CASS

High street banks

, , ,