Best bank for smallest bank charges?

bluedoganchorite

I got some nasty charges recently. Since when did banks start charging an amount per each day you are overdrawn!?!? I thought it used to be a flat fee each time a thing came through and you couldnt pay it?

Anyhow thanks for any advice

dr_adidas01

bluedoganchorite wrote: »

I got some nasty charges recently. Since when did banks start charging an amount per each day you are overdrawn!?!? I thought it used to be a flat fee each time a thing came through and you couldnt pay it?

Anyhow thanks for any advice

Since a lot of banks updated there Terms and conditions to do this, you were probably sent updated terms and conditions and didn't read the changes that they were introducing.

A number of them only do it for so many days a month.. We would need to know who you bank with currently so that a comparison can be made.

opinions4u

Best bank for smallest bank charges?

My bank. They never charge me a penny.

macman

All , if you don't go overdrawn and don't pay for pointless 'premium account' services.

innovate

bluedoganchorite wrote: »

I got some nasty charges recently. Since when did banks start charging an amount per each day you are overdrawn!?!? I thought it used to be a flat fee each time a thing came through and you couldnt pay it?

Anyhow thanks for any advice

May be you should ask a different question - - like: how do I avoid going overdrawn? Try the Debtfree Wannabe board, they have some great ideas.

System

If you can get a RBS or NatWest Select account they can add 'Overdraft Control' to the account for no fee - it will reject payments you don't have the funds for without charge.

Other banks such as LloydsTSB and Bank of Scotland also offer this facility for £10 per month.