MoneySavingExpert.com’s Martin Lewis is fighting to save you £££s
If you bank with Lloyds, Bank of Scotland or Halifax, you’re one of more than 20 million in the UK who have had their overdraft charges changed. For some, it can mean paying hundreds more a year. Yet the market’s never been more competitive, with three banks offering 0% options.
The changes to the Lloyds Banking group charges hit a few weeks ago and many are shocked by the cost.
This has been a root-and branch (sorry!) reform. Before, some Lloyds brands charged a flat daily fee; others a monthly charge and daily interest. Now it’ll charge 1p per day for each £7 you’re overdrawn, which works out around £1 a day per £700 of overdraft (so £30 a month if you’re that far into it continually). It’s also got rid of charges for busting your limit.
There are more winners than losers, but the gains are smaller than the losses for those who do lose out.
Top 0% overdrafts
Paying too much? Ditch and switch. When you apply to a new bank you will be credit scored – it’s often not harsh, but you can be rejected or given a low overdraft. See my guide at mse.me/cutoverdrafts but here are the top deals:
هذه القصة مأخوذة من طبعة December 11, 2017 من WOMAN - UK.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 11, 2017 من WOMAN - UK.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
The benefits of waking up early
I can almost feel my daughters rolling their eyes at the thought of me writing about the joys of waking up early.
'Rylan makes me MILLIONS!
The presenter talks about his love life, professional success and his alter ego
GATSBY
He needed a home, but was Maria barking to even consider taking him in?
My mindset MAKEOVER
After losing 4st, the future is bright for Hazel James
Eat more WEIGH LESS
Feel fuller while losing weight with our exclusive plan from Slimming World
Autumn tricks YOU NEED TO KNOW
Stop cold, dark nights disturbing your sleep with these expert cheats
'HARRY WILL NOT BE BACK'
Reports of Prince Harry wanting to return to the UK and royal duties are, I’m told, ‘completely wrong’.
'I'M HONOURED to still be part of Strictly'
Strictly Come Dancing judge Anton Du Beke on the hit show and why he'll never retire
Would you keep CANCER A SECRET?
Model Elle Macpherson revealed she kept her battle with the disease hidden - we find out why many others choose to do the same
'Ruth has handled the split WITH DIGNITY'
Coleen Nolan on grief, supporting Ruth Langsford through divorce and moving in with boyfriend Michael Jones