Water companies forced to repay thousands, best super simple switch deal, best savings account + sign up bonus.
This edition was published on 15 May 2026. Offers and rates mentioned were correct when published and may have changed since. See today’s verified offers →
TL;DR
Water companies forced to repay £160 million
Natwest’s super simple switch deal worth £200
6% Savings account on £500 per month
Revolut’s sign up bonus
Best credit card deal on the market
Uk water companies forced to pay £160 million due to poor performance
Thirteen water companies in England and Wales will repay customers £160 million in the 2025-2026 billing year due to poor performance on pollution and leaks
Key Details of Water Repayments & Compensation (2025-2026):
Total Refunds: Over £160m to be returned to customers via lower bills in 2025/26.
Highest Repayments: Thames Water (£56.8m), Anglian Water (£38.1m), and Yorkshire Water (£36.0m).
Individual Impact: Savings are expected to be less than £10 per customer on average.
Automatic Compensation: As of July 2, 2025, compensation for issues like low pressure increased to up to £250, and severe sewer flooding compensation doubled to £2,000.
How to get the refund?
Automatic Credit: The repayments are applied automatically to customer accounts for the 2025-2026 period.
Natwest super simple £200 switch deal
Easiest switch deal on the market by far

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One of the best savings accounts for bigger deposits (hard to find)
Monmouthshire building society - £500 a month/ 6% interest
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This isn’t the highest interest rate(co op + first direct offering 7%) however this allows a much higher deposit. Making it much more useful for people wanting an account to allow them to deposit more - if maxed out for 12 months, this will pay £193 in interest.
You can also skip months and have penalty free withdrawals - open in the App or branch (not available to to Northern Ireland residents)
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