overdrafts

Best student current accounts in 2020 for freebies and large interest-free overdrafts

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Despite the coronavirus pandemic throwing cold water on fresher’s week and an A-level results day fiasco which initially saw close to 40 per cent of grades marked down, thousands of students are set to start university next month. And even if close to 20,000 students will defer their entry until next September, many will still … Read more

Banks will soon start charging nearly 40% for overdrafts again

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The city regulator today effectively gave the green light to banks to reintroduce overdraft rates of nearly 40 per cent within weeks, despite the coronavirus pandemic potentially leaving millions struggling financially. The Financial Conduct Authority announced it would not launch an investigation into overdraft changes announced by banks, nor would it require lenders to continue … Read more