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HSBC, First Direct and M&S Bank to hike overdraft rates to nearly 40%

HSBC, First Direct and M&S Bank will hike interest to 39.9% EAR for arranged and unarranged overdrafts from March 2020. Which? explains what it means for you.

HSBC and Santander to refund unarranged overdraft fees – are you owed money?

Find out if you're one of more than 100,000 customers due to receive a refund from HSBC and Santander for wrongfully being charged unarranged overdraft fees

Nationwide scraps unarranged overdrafts and shakes up fees: will you pay more?

Nationwide will double overdraft fees for many of its customers from November 2019, as it rolls out a flat rate across all adult current accounts. 

Santander to scrap unarranged overdraft fees on fee-charging current accounts

Santander is the latest current account provider to overhaul its unarranged overdraft charges as the scrutiny on these fees –a major revenue generator for banks – intensifies from the Financial Conduct Authority.

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