Over 500,000 existing Monzo customers will have the option to withdraw more than their account balance as the challenger bank rolls out its new overdraft facility. The overdraft must be pre-arranged, ...

Bank overdrafts are more costly than credit card loans following a crackdown on charges designed to protect careless borrowers. The Financial Conduct Authority (FCA) introduced rules four years ago to ...

MILLIONS of customers with Royal Bank of Scotland (RBS) face new fees of up to £72 a year from this week for dipping into their arranged overdrafts. From Friday, current account customers will be ...

Extra short-term help will now be made available to some people with an overdraft, a credit card or a loan, the Financial Conduct Authority (FCA) has confirmed. If you have an arranged overdraft, you ...

New changes to bank overdraft fees are being welcomed by some, but others are facing a serious price hike. First announced in the summer of 2019 by the Financial Conduct Authority (FCA), the rules ...

New overdraft rules come into effect today, which mean firms can only charge one single annual interest rate for both arranged and unarranged borrowing. The changes were announced by the Financial ...

HSBC’s Advance Account comes with an interest-free overdraft up to £25, discounts from retail partners and access to a regular savings account — with no monthly fee. The representative APR example ...

Less than two months after the financial regulator announced that fixed daily and monthly overdraft fees will be replaced with a single interest rate, Nationwide has announced its rate will be a ...

Metro Bank has announced it will be more than doubling the interest rate it charges on overdrafts from April, with customers set to pay 34%. But as the bank also scrapped its £10 flat fee for ...

Nationwide Building Society has clarified its policy regarding additional fees that customers may have to pay. A query was raised by a customer about the provider's overdraft interest charges. They ...