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Alliance & Leicester Overdraft Interest - UPDATED!!

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Now the money that i'm talking about isn't huge here, it's its a matter of principle.

I'm generally good with my money, so any over draft interest is 20-30p at the most. I've noted that this money A & L are going to charge me £1 for 2 days of using the OD facility.

So, they've removed their % interest rates and are now charging 50p per day upto £5 max per month for going overdrawn (within the facility).

So this month compared to last month, the interest charge is a factor of 10 higher!!

As I say, its the principle and that aint right!

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