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1m switch their bank accounts, poll finds

Daily Record

|

October 31, 2025

MORE than a million current account switches have been made over the past year as consumers were drawn to slicker banking apps and better interest rates, figures show.

- BY ANNA WISE

Recent months saw the busiest quarter of activity, with about 265,100 taking place between July and September.

More than 111,000 took place in July alone, according to data from the Current Account Switch Service (Cass). The service allows people to switch their current account automatically by having payments moved over to a new provider.

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