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Hannah McQueen: The situations in which you should consider switching banks

The stats suggest not many of us do it, but there are compelling reasons why you would – and also circumstances when you wouldn’t.

Most people think only of getting a better interest rate – but there are more strategic reasons why you might consider switching (and it’s not as much of a faff as it used to be) – plus there are some significant cash incentives on offer as the banks compete for business amid slower growth in lending.

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