Tag Archives: overdraft

Officials said the move could save consumers, who can pay as much as $ 37 everytime they go into negative balance – a total of $ 3.5 billion a year. Daily Express :: Finance Feed

BANKS will soon be forced to change what they charge for their overdrafts. Currently, banks can have huge variation in what they charge customers and how the charges are levied. The FCA argue that this is unfairly costing bank customers and they are introducing new rules to fix it. Daily Express :: Finance Feed

BANK overdraft charges will be going through a major overhaul in April 2020. Multiple changes will be introduced but it is also possible that some banks have already introduced new rules. This will likely affect millions across the UK as recent research revealed that many people use their overdrafts to fund their living costs. Daily Express :: Finance Feed

OVERDRAFTS are the new danger debt. From April, most banks will charge around 40 percent, with some charging more. That’s double the cost of a typical high street credit card. Daily Express :: Life and Style Feed

MARTIN LEWIS is the founder of Money Saving Expert who often is seen sharing his money saving tips on ITV shows. Today was no different, as he spoke about the upcoming changes to overdrafts on This Morning. Daily Express :: Finance Feed

MARTIN LEWIS is well known for sharing his top money-saving tips with Britons to help them get the most out of their money. Tonight, on The Martin Lewis Money Show, the money-saving expert warned Britons about the upcoming “shake up” in the overdraft market as banks are set to increase the cost of going into an overdraft by 40 percent.  ...

MARTIN LEWIS has wasted no time in 2020 when it comes to sharing his money saving tips. Today, he spoke about changes announced by NatWest, Barclays and RBS this week, during the ITV show Good Morning Britain. Daily Express :: Finance Feed

MARTIN LEWIS warned some overdraft users that their charges were going up during Good Morning Britain today, as the founder of the website Money Saving Expert explained that HSBC, First Direct, and M&S Bank have all announced they will be hiking the cost of arranged overdrafts. Daily Express :: Finance Feed

MARTIN LEWIS advised how to avoid overdraft fees and cut your overdraft to zero per cent. His advice comes as Lloyds Banking group – which includes Lloyds, Halifax and Bank of Scotland – has overhauled their overdraft costs. Daily Express :: Life and Style Feed