A new current account that offers monthly cash back has been launched, with evidence growing that more and more Britons are looking to make changes in the way they manage their finances.
Around half of all Britons are to make getting their personal finances under control a "priority" this year, Halifax said today.
The bank's poll also showed that 32 percent are looking to control their spending through making a budget. Halifax released its report as it launched a new "cash back" current account.
Under the terms of the offer customers are given £5 back by the bank, if over £1,000 is paid in to the account over a month-long period. This in turn means that savings of £60 per year can be made, providing that the requirement is met each month.
Mike Regnier, Halifax head of banking, commented: "It's good news that people are intending to make their finances a priority in 2009. By reviewing something as simple as their current account people could get their finances in better shape and be £60 a year better off."
Other "cash back" current accounts are currently on the market, including those from First Direct and Alliance & Leicester. In both of these cases, the customer gains an initial lump sum from switching accounts to the new provider, rather than through paying money in month by month.
