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Bank Claims: UK Consumers Should 'Consider' Switching Current Accounts
Bank Claims: UK Consumers Should 'Consider' Switching Current Accounts
UK consumers should seriously consider switching their current accounts to make sure they are getting the best deal, it has been claimed.
London,
London,
United Kingdom
(pr4links.com)
27/08/2010
"UK consumers should seriously consider switching their current accounts to make sure they are getting the best deal, it has been claimed."
FOR IMMEDIATE RELEASE
London, UK, 24th August, 2010: UK consumers should seriously consider switching their current accounts to make sure they are getting the best deal, it has been claimed.
Recent research by Spanish bank Santander revealed that Britons keep their current accounts for an average of 16.5 years.
Ed Bowsher, head of consumer finance at lovemoney.com, claimed switching to a better deal may offer customers a range of benefits.
He said: "People should seriously consider switching accounts. They might be able to improve the customer service they receive or get a better interest rate on their cash."
Mr Bowsher added that there were concerns among consumers about the transfer process involved with switching accounts.
"There's also an understandable concern that the transfer process may go wrong and end up costing the customer money as bills are unpaid or salaries don't arrive on time in the new account," he said.
Over half of all adults in the UK have kept the same current account for more than a decade while 18 per cent have stayed loyal for more than 30 years.
“Consumers aren’t getting a good deal from the banks with their current account and should switch to some other mode of investment. Since Britons maintain current account for a long period they lose out on good returns” says financial analyst Charles Baker who has decades of experience in the finance industry. He works as a financial analyst for PPI Claim Company.co.uk.
It is advisable for the customers to seek professional guidance while opting to switch their current account. They should seek advice from financial analysts who have their expertise in PPI claims and Financial Service Authority. Doing this they can ensure maximum return from their investments.”
PPI Claims Company is one of the premier PPI companies in the world. It has years of experience in this field and can help you with your payment protection claim using their no win, no service fee policy. To know more about
PPI Claims you can log on to http://www.ppiclaimcompany.co.uk/ where you will also get advice on your PPI Claims . You can also know more about credit card claims through this website.
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About
PPI Claims Company is one of the premier PPI companies in the world. It has years of experience in this field and can help you with your payment protection claim using their no win, no service fee policy. To know more about loan protection claims and PPI claim back log on to http://www.ppiclaimcompany.co.uk/.
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