current account providers spread out their wares by Finance News Bulletin

Published: 17/12/07

In an increasingly competitive current account marketplace, customers who want the best tax should do their homework before they commit, financial research firm Defaqto has advisedThe best current account tax on the marketplace are available only to customers who make usual monthly payments into their accounts, revealed Defaqto analyst David Black, as providers look for to secure loyalty by stipulating that the through-flow of money should be constantBut the incentives to button provider are on the rise, he added, pointing to Lloyds TSB's open this week of the 'Current Plus' account, which offers tax of 640 per cent to new joiners

Similarly, Abbey's eight per cent interest speed account, one of the highest-earning available, is also obtainable only to customers migrating across from another supplier, as a switching incentiveYounger customer, meanwhile, could look to Alliance & Leicester's Premier 21 account, Defaqto optional, with ten per cent interest offered to 16 to 21-year-old account holders until October 2008Terms of employ Advertising Resources manufactured goods guides Press releases About us

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