These seems to be a renewed interest in Current Accounts at the moment. The reason is that they have been such poor value for so long and the time has come for a shake-up. The accounts offered by the big high street banks offer such negligible rates of interest on accounts when in credit, but hit their customers hard with inflated charges when they go overdrawn. There have always be better alternatives, but for some reason customers have been reluctant to switch, quoting loyalty and the hassle factor as the reason to stick with their banks. Well the reality is that loyalty doesn't count for much these days and it's actually very simple to switch accounts. In fact the banks are compelled by regulations to make it easy to switch and they have strict timescales to stick to. What we are seeing now is the first wave of mainstream companies providing better value accounts. Building societies are some of those offering new interest-bearing current accounts and we're sure it won't be long before the main banks have to follow.