Smart banking

While all the banks have their own apps, they only offer the same products as in branch. If you really want to get a better deal you need a new type of bank. starlIng bank (starlingbank.com) is a mobile-only bank, offering everything you’d expect from a traditional one, including sort code and account number, so you can pay your bills and people instantly with faster payments. you can pay in cash electronically and use Atms. there are zero charges when you use your contactless mastercard all over the world, and you can set up direct debts and standing orders. you will earn 0.5% on balances up to £2,000, and 0.25% on balances above £2,000 and up to £85,000, and there are no account fees. it is regulated by the prudential regulation Authority.

Don’t want the hassle? then make the most of all your online banking facilities and download your current account app. it can help you monitor your account for potential fraud, you can pay contacts without the need to write cheques or trek to the cash machine, and also track standing orders and direct debits.

Don’t want to give up on bricks and mortar? if you still want to be able to visit a branch but want a better deal with a fee-free bank, opt for a hybrid such as metro Bank (metrobankonline. co.uk) and download its app.

Want easy cash payments? try monzo (monzo.com) – a cross between a budgeting app and a prepaid credit card so you can monitor your cash spend on a day-to-day basis (don’t forget the odd treat). it’s great if you

(or your kids) travel frequently, as there are zero charges for spending abroad.