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Moneyextra News
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Switch accounts this weekend, says expert

Switch accounts this weekend, says expert
The clocks go back and British Summer Time comes to an end this weekend and people have been urged to use their extra hour to switch their current accounts and look for better credit card deals.

Norwich and Peterborough N&P Building Society has said people should not just spend the extra hour in bed but should use the time to sort their finances out.

The comments follow research by the firm which revealed that a third of people have never switched their main current account, while 22 per cent have only switched once in their lifetime – believing it to be "too much hassle".

"One in six people think that all current accounts are the same, but there can be significant differences which can mean certain current accounts would provide you with much better value and customer service than another account would," said Ewan Edwards, head of retail products at N&P.

Brits have also been urged to consider switching their energy provider by Gillian Guy, chief executive at Citizens Advice.ADNFCR-2088-ID-800775837-ADNFCR

Moneyextra.com recommends you take independent financial advice before acting on any article

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2011-10-25 17:10:27 © Moneyextra.com

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