Best current accounts: Santander announces 123 interest rate cut

Santander unleashes another 123 current account rate cut on the SAME DAY another one bites, costing customers hundreds of pounds in lost interest Santander today cut the interest rate on 123 accounts from 1.5% to 1% It has handed savers more bad news with a cut to 0.6% in August Savers with £20,000 in the … Read more

Nintendo says 160,000 accounts compromised after passwords and logins ‘obtained illegally’

Nintendo confirms 160,000 accounts were compromised after customers’ passwords and logins were ‘obtained illegally’ The company says 160,000 customer accounts were accessed Logins and passwords were ‘obtained illegally’ outside of Nintendo’s services Unauthorized access resulted in fraudulent charges on some customer accounts Nintendo has reset account passwords for those affected  By James Pero For Dailymail.com … Read more

Record 180 savings accounts disappeared in March and Nationwide will cut 261 more rates

A record number of savings accounts have disappeared over the last month as coronavirus shocked the savings market, new figures show. There were 180 savings accounts and tax-free Isas of all term lengths pulled from sale following a pair of Bank of England base rate cuts in March, according to research from financial information website … Read more

Facebook trend of sharing high school graduation photos is giving hackers access to online accounts

Facebook trend of sharing old high school graduation photos is giving hackers answers to the most common security questions for online accounts People are sharing old high school graduation photos on Facebook The trend is to support the senior class that will not experience the ceremony during coronavirus lockdowns However, the images give hackers information needed … Read more