MoneySavingExpert News
January 2020

Lloyds, Halifax and Bank of Scotland will scrap daily fees for arranged overdrafts from April and instead charge an interest rate based on customers' credit history, with most set to pay 39.9%, but some an eye-watering 49.9%. That's the highest rate we've seen from banks overhauling their overdraft fees – though most customers will actually pay less for their overdraft as a result of the changes.
22 January 2020
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