Tag: bank charges

BBC reveals 800,000 per cent overdraft charge

BBC reveals 800,000 per cent overdraft charge

BBC Radio 4′s Money Box reported on its Saturday programme that banks are charging excessively high rates for overdrafts. The programme, which offers advice on how to make the most of your money, suggested that UK banks are charging the equivalent of thousands of per cent APR for going overdrawn by small amounts. Santander’s customers, [...]

December 5, 2011 | 0 Comments More