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 ...

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, ...

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Nationwide has made a change for its overdrafts - as it allows customers to dip in interest-free. "To make things a little easier for people, we have made the first £50 of arranged overdrafts interest ...

Digital bank Starling Bank is now offering an “overdraft interest holiday” to personal account holders who are struggling financially due to the COVID-19 crisis. Starling Bank customers may apply 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 ...

NatWest and RBS have become the latest banks to announce a steep hike in the interest charged on overdrafts, with some customers set to pay 39.49% from late March or early April. But the banks are ...

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 ...