MSE News

Overdrafts

10,000s of Coventry Building Society customers to lose debit cards

Coventry Building Society is to withdraw debit cards from more than 30,000 customers using its MoneyManager savings accounts in September - and some will also lose overdraft facilities

14 June 2019

Martin: 'After 10 years there's finally an end to unfair bank charges'

Fixed daily overdraft fees will be banned and replaced with a single interest rate next April, the financial regulator has announced

7 June 2019

Santander to refund 20,000 customers after failing to warn them about overdraft charges

Santander is paying out £1.4 million in refunds to 20,000 customers, after it failed to send out warnings about unarranged overdraft fees

24 May 2019

Lloyds, Halifax and Bank of Scotland to hike overdraft fees for millions

Nearly all customers with an overdraft at Lloyds, Halifax and Bank of Scotland will see their charges increase from January - and someone with a constant £500 overdraft will pay around £40 a year more under the new system

23 November 2018

Santander to scrap unarranged overdraft fees on 123 accounts

From July Santander is removing all unarranged overdraft fees on its current accounts that charge monthly fees

25 January 2018

Consumer borrowing slows following Bank of England warnings

Borrowing by consumers on credit cards, loans and overdrafts is slowing down, according to latest figures

26 September 2017

NatWest and RBS hit 'occasional infringers' with daily overdraft fee hike

Natwest and RBS have hiked daily fees for unarranged overdrafts while cutting the monthly maximum customers have to pay

8 August 2017

Guest Comment: FCA on why “fundamental changes to unregulated overdrafts may be necessary”

The FCA's Chris Woolard sets out what the FCA has learned in its review of high-cost credit and where it will focus next

31 July 2017

Overdraft fee drop for millions of Lloyds, Halifax and Bank of Scotland customers

From November, Lloyds Banking Group is simplifying arranged overdraft charges and removing unarranged overdraft fees

12 July 2017

Midnight deadline to register to vote in the general election

Want to vote in next month's general election but not yet on the electoral roll? You have to register by 11.59pm Monday.

22 May 2017

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